KaBOOM! and The CarMax Foundation Announce $5 Million Partnership to Bring Play to 300,000 Kids by 2018

CarMax is the first KaBOOM! corporate sponsor to serve military
communities,
partnership to kick off today with playground builds
in El Cajon, CA and Fort Worth, TX

RICHMOND, Va.–(BUSINESS WIRE)–CarMax,
Inc.
(NYSE: KMX), the nation’s largest retailer of used cars,
announces today the launch of a new, $5 million partnership with
KaBOOM!. The
CarMax Foundation
and KaBOOM!,
a national nonprofit organization dedicated to giving kids the childhood
they deserve by bringing play to those who need it most, have
successfully provided 100,000 kids across the nation with access to
play. This partnership aims to triple their impact by reaching a total
of 300,000 children by the end of 2018. To celebrate the official
coast-to-coast launch of the partnership, more than 400 volunteers will
simultaneously build two new playgrounds today, April 7, in El Cajon,
Calif. and Fort Worth, TX.


CarMax and KaBOOM! will provide grants to fund building or improving 79
play spaces by the end of 2018, bringing play to those most in need. In
addition, CarMax is the first KaBOOM! corporate sponsor bringing play
spaces to our military and veteran families over the next three years
while also providing them with community support and career
opportunities.

“CarMax is committed to giving back to and supporting the communities we
are a part of – without them, CarMax could not be successful,” said
Craig Cronheim, president of The CarMax Foundation. “Our associates
across the country will impact countless families by helping get kids
moving and playing.”

This partnership will have three distinct areas of impact. First, 33
nationwide community-built playgrounds designed by children and built by
volunteers from local partners and thousands of CarMax associates.
Second, a donation of 34 Imagination
Playgrounds
and 12 Rigamajigs to select partner
organizations. Lastly, four of these playgrounds will be built in
military communities and 18 of the Imagination Playgrounds and 12
Rigamajigs will be donated to military serving non-profits over the next
three years.

The CarMax Foundation focuses nationally on children’s healthy living.
This focus is directed by CarMax associates who have expressed a desire
to help youth in their communities get moving to live happier, healthier
lives.

“The CarMax Foundation is a powerful champion for kids across America,
creating wonderful opportunities for kids in need of play. The
commitment and enthusiasm of CarMax associates is unsurpassed, and great
things happen when they roll up their sleeves as volunteers to build
playgrounds in the communities where they live, work, and play,” said
James Siegal, CEO of KaBOOM!. “We are thrilled to continue our amazing
partnership with CarMax for another three years and grateful that we and
CarMax share a passion for ensuring all kids get the childhood they
deserve filled with play.”

Join the national discussion about the importance of play in fostering
healthy and productive lives on social media using #playmatters,
#carmaxbuild , #ElCajon, #FtWorth and follow the work of KaBOOM!
(@KaBOOM!) and CarMax (@CarMaxCares).

About The CarMax Foundation

The CarMax Foundation is designed to enrich the communities where our
associates live and work and has donated more than $30 million since
2003. Funding programs are made available through a portion of CarMax,
Inc.’s pre-tax profits. CarMax, a member of the FORTUNE 500 and the S&P
500, and on the FORTUNE 100 Best Companies to Work For® list for 12
consecutive years, is the nation’s largest retailer of used vehicles.
Headquartered in Richmond, Va., CarMax currently operates 158 stores in
78 markets. The consumer offer features low, no haggle prices, a broad
selection of CarMax Quality Certified used cars, and superior customer
service. During the twelve months ended February 28, 2015, the company
retailed 582,282 used vehicles and sold 376,186 wholesale vehicles at
our in-store auctions. For more information, access the CarMax website
at http://www.carmax.com/.
For more information about The CarMax Foundation, visit foundation.carmax.com.

About KaBOOM!

KaBOOM! is the national non-profit dedicated to giving all kids –
particularly those growing up in poverty in America – the childhood they
deserve filled with balanced and active play, so they can thrive. Since
1996, KaBOOM! has collaborated with partners to build, open or improve
nearly 16,300 playgrounds, engaged more than one million volunteers and
served 8.1 million kids. KaBOOM! creates great places to play, inspires
communities to promote and support play, and works to drive the national
discussion about the importance of play in fostering healthy and
productive lives. To learn why #playmatters and why cities are embracing
#playability: visit kaboom.org
or join the conversation at twitter.com/kaboom
or facebook.com/kaboom.

Contacts

KaBOOM!/Mfa, Ltd.
Joe Giumarra, jguimarra@mfaltd.com
Kirsten
Anderson, kanderson@mfaltd.com
212-528-1691
or
CarMax/The
CarMax Foundation
Jennifer Bartusiak, pr@carmax.com