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GREAT SWAMP WATERSHED ASSOCIATION GALA CELEBRATION & SILENT AUCTION OCTOBER 18, 2022BECOME A 2022 GALA UNDERWRITER GREAT BLUE HERON UNDERWRITER $10,000 10 VIP Passes to our Private PreGala Cocktail
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A silent auction is a fundraising event where items are displayed for bid, and participants write their bids on sheets of paper without auctioneers announcing the bids. A gala is a large, formal event often held in conjunction with a silent auction to raise funds for a specific cause or organization.
Organizations that conduct silent auctions and galas to raise funds, especially non-profits and charities, are generally required to file any necessary reports to maintain transparency and comply with legal regulations.
To fill out a silent auction and gala report, organizations must gather all relevant information regarding the items auctioned, the amount raised, and any expenses incurred. This information needs to be tabulated accurately and submitted according to the guidelines set forth by relevant authorities.
The purpose of a silent auction and gala is to raise funds for a specific cause or organization, create awareness about the organization's mission, and provide a fun and engaging experience for attendees.
The report typically must include details such as item descriptions, winning bid amounts, bidder information, total funds raised, and any relevant financial outcomes associated with the event.
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