The MBEF Endowment provides MBEF with a continuing and sustainable funding source that will expand and enhance the quality of public education in Manhattan Beach, now and for generations to come.
All net proceeds from the Manhattan Wine Auction benefit the Manhattan Beach Education Foundation Endowment. Each year the MBEF Endowment disperses a portion of its investment income to support MBEF funded programs and educators. As the Endowment principal grows, the annual disbursement increases, sustaining our high-quality schools well into the future.
