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Article: CarMax, Inc. Announces Creation of the CarMax Foundation With Initial Endowment of $1 Million; Foundation to Focus on Family Auto Safety, Technical Training in Retailer's 22 Markets; Educational and Youth Programs in Home Town of Richmond, Va.
- Article from:
- PR Newswire
- Article date:
- December 22, 2003
CopyrightCOPYRIGHT 2003 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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RICHMOND, Va., Dec. 22 /PRNewswire/ -- CarMax, Inc. , the nation's leading specialty retailer of used vehicles announced today the creation of the CarMax Foundation, designed to benefit the markets where the company has stores.
The CarMax Foundation will focus on benefiting the communities where its associates live and work in the following ways:
1. Through a national funding program, designed to improve auto safety for
families and build a competitive workforce through technical training.
2. With a funding program for the company's hometown of Richmond, Va. to
improve educational opportunities for children and families in the area
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