$4.1 million partnership will construct 30 playgrounds by 2016
June 11, 2013
A lot of the time, when partnerships are made to benefit various communities, the organizations involved often give monetary donations to local charities. Entities like food banks, career advancement facilities and schools tend to be among the groups that are honored.
However, that's not always the case, as evidenced by the launch of a new initiative. The CarMax Foundation and KaBOOM! recently joined forces and funds to build 30 playgrounds in a number of areas across the country by the end of 2015 to benefit 100,000 kids. More than $4 million will go toward this aim, with the goal of pulling children away from electronics and getting them outside.
CarMax employees will be handling a lot of the labor and money, while KaBOOM! is contributing their data on which regions need playgrounds most.
"Play is disappearing across the country, but partnerships like this one with The CarMax Foundation will help give kids the childhood they deserve," noted KaBOOM! CEO and Founder Darell Hammond.
The CarMax Foundation, in operation since 2003, has long been involved in making individual communities better places for their citizens. The group runs numerous programs to make this aim a reality, like the Matching Gifts Program, which will double the amount employees donate to their favorite charities.
Organizations that are providing funds for multiple nonprofit programs might find it easier to manage their large-scale efforts with fundraising management programs that can account for funds as they are disbursed to recipients.