Redland Hospital paediatric unit and Cage Youth Foundation will be the recipients of money raised from this year's Koala Fun Run on Sunday, May 17.
The fun run will be two days after the start of the Redland City Charity Relay, which kicks off at 12pm on Friday, May 15.
A free family concert will be held at 5pm after the fun run.
Organisers teamed up with Victoria Point Community Bank Branch of Bendigo Bank and Redland City Council.
The event will be officially launched at Redlands RSL on Friday, May 1 at 6.30am.