The Pebble Beach Concours d’Elegance raised a record $3,130,240 for charity this year according to a press release from the organization Thursday.

The final amount was announced and donations were distributed to many of the Concours’ participating charities at the Concours’ annual charity luncheon in Pebble Beach.

“A shared love of cars brings a world of people to Pebble Beach each August, and it is heartening to see how much that community of car people also cares for children in need,” said Pebble Beach Concours Chairman Sandra Button in a press release.

Since it began in 1950, the Pebble Beach Concours has raised more than $41 million for charity.

Through the Concours’ primary charitable partner, Pebble Beach Company Foundation, funds are distributed to nearly 100 of the region’s youth-focused nonprofit educational programs.

The Concours’ annual charity drawing — bolstered this year by generous gifts from Lexus, Ford Motor Company, INFINITI, and Mercedes-Benz — aids several charities, including the Boys & Girls Clubs of Monterey County, Montage Health Foundation, MY Museum, Natividad Foundation, Rancho Cielo, Salinas Valley Health Foundation, Seneca Family of Agencies, and United Way Monterey County.

The Concours and the Foundation also support several educational programs that encourage the next generation of automotive enthusiasts while celebrating the memory of inspirational automotive leaders such as Phil Hill, Jules “J.” & Sally Heumann, John Lamm, and Don Williams according to the release.

“I’m very grateful to the professional staffs of both the (Pebble Beach) Company and the Concours, who put their all into making the Concours the leading event of its kind,” said David Stivers, Pebble Beach Company CEO.

The 74th Pebble Beach Concours d’Elegance will take place on Aug. 17 and will celebrate the centennials of Invicta, Chrysler, and Moretti, the creations of Virgil Exner, the 75th anniversary of Formula 1, and Japanese Concepts & Prototypes — with other features to come.