updated 5/3/2011 3:28:06 PM ET 2011-05-03T19:28:06

Beverly Hills is holding a fundraiser this week for the upscale California city's 4,700-student school district, but it's not your typical bake sale. The goal of this one? Raise $1 million.

The rich idea is designed to avoid about two dozen layoffs and maintain small class sizes and arts programs in the Beverly Hills Unified School District.

Parents and educators started the campaign on Monday.

Celeb alumni
The school district has four schools that serve kindergarten through eighth grade students and Beverly Hills High School, where graduates include such entertainers as Albert Brooks, Richard Dreyfuss, Rob Reiner, Carrie Fisher and David Schwimmer.

PTA Council co-chairwoman Jennifer Terrell Schwartz tells the Los Angeles Times that organizers hope the fundraiser will keep a great school district great.

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