Hermosa Beach Education Foundation President Carol Kluthe announced Friday that the organization surpassed its fundraising goal during the fiscal year, raising a record $1.3 million.

The results surpass the $1.2 million goal set for the 2018-19 fiscal year.

“HBEF exists to fill a large gap in funding, but our passion is to help drive the quality of education in this community,” Kluthe said in a statement. “I am incredibly proud of the HBEF team, our volunteers, the Hermosa community, parents, and the local businesses and sponsors who were there with us every step of the way. We truly raised the bar, and I could not be more excited for where we are heading.”

At the July 10 school board meeting, Kluthe presented a check for $1.1 million, the largest amount ever presented by HBEF to the schools. The bulk of HBEF’s donations come from its annual giving fundraising efforts, combined with events like Skechers Pier to Pier Walk and Hearts of Hermosa, sponsorships from the business community, and new grant money.

HBEF is fully funding again for next year for the district’s enrichment programs such as Sparks and Idea Lab, librarians, music, physical education, and middle school electives of art, Spanish, tech and STEAM.

With the additional money raised this year, HBEF will be funding a new assistant principal at Valley School who will have a social-emotional wellness focus for the district.

Spanish will roll out to seventh grade students in their wheel of electives, providing every seventh grade child an opportunity to learn the basics of the language and culture. New computers in STEM Labs were supported by a grant from HBEF, along with a newly created teacher Google Certification Fund, a new bereavement fund, and mid-year grants to the district for art and accelerated reader and math programs.

HBEF also made a $100,000 contribution to its endowment, bringing the endowment’s market value to $2.5 million 

Some notable increases in funding came from annual giving, up 12 percent; sponsorship up 10 percent;  Skechers Walk up 20 percent; and grants up 100 percent, which includes three new grants worth a combined $75,000. 

For more information, visit hbef.org.

Contact this reporter at mhixon@tbrnews.com or on Twitter @michaeljhixon.com.

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