At the 2015 event in the Rod MacDonald Wines King of the Peak race Mr Speakman set a course record of 46 minutes and 40 seconds.
Since it began more than 4000 people had taken part and the organisers had raised more than $124,000 through the years for the school and for community groups.
As it was last year, this year's recipients will be Heart Kids Hawke's Bay and the Hastings Giants Boxing Academy.
Heart Kids Hawke's Bay spokesperson Adrianne Galvin said it was "absolutely amazing" for the non-Government funded organisation to once again benefit.
"The money from last year's event went towards creating and paying for an in-home support person for Hawke's Bay heart kids families and it is now a vitally important aspect of what we do."
As well as local groups and organisations the event had also raised funds to help the Sumner School and the Kaiapoi Borough School after the earthquakes across that region.
"People can run or walk and there is a short and a long course - there's the ability for people of all ages and fitness levels to take part on either trail," Ms Throp said.
Since the first event the weather has always played its part nicely and she hopes that will continue this year.
"We have been lucky there, and also so very lucky with the sponsors we have got aboard - they make the difference."
● For full details and to enter the Peak Trail Blazer check out www.peaktrailblazer.co.nz