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Charitybuzz is an internet company that sells and auctions off access to experiences and items to raise funds for nonprofit organizations.Charitybuzz experiences include music, entertainment, business, politics, sports, art, fashion and other industries.
In a charity auction the winning payment benefits a cause that is presumably valued by the bidder as well as competing bidders. Thus, the bidder receives a benefit from his own payment – both the item won and the value the donation supports the organization – and other bidders do as well, as their charity is supported.
A fundraising event (also called a fundraiser) is an event or campaign whose primary purpose is to raise money for a cause, charity or non-profit organization. Fundraisers often benefit charitable, non-profit, religious, or non-governmental organizations, though there are also fundraisers that benefit for-profit companies and individuals.
A bidding fee auction, also called a penny auction, is a type of all-pay auction in which all participants must pay a non-refundable fee to place each small incremental bid. The auction is extended each time a new bid is placed, typically by 10 to 20 seconds.
The National Auction Association (NAA), founded in 1949, is an advocacy group representing auctioneers, auction businesses and related companies that seeks to promote the auction method of marketing and the practice of auctioneering in the United States. Its headquarters is located at 8880 Ballentine, Overland Park, Kansas, 66214, USA.
Paddle8 also partnered with non-profit institutions to host their benefit auctions online, opening up their fundraising prospects to Paddle8's global community of collectors. As of January 2015, Paddle8 raised more than $33 million for non-profit organizations around the world.
The 2009 auction was won with a bid of $1.68 million by an anonymous bidder [5] In 2011 an anonymous bidder paid $2,626,411 for a lunch with Buffet. [6] The June 9, 2012 auction for lunch with Buffett yielded a record figure of $3,456,789; the highest figure paid for lunch with the investor at the time. This number was tied at the 2016 auction. [2]
Liquidity Services’ online marketplaces include: Liquidation.com, [22] Secondipity.com, [4] GovLiquidation.com, [23] Allsurplus.com, GovDeals.com, [2] Bid4Assets, and Sierraauction.com. [3] They offer over 500 product categories [24] organized into categories across 12 major industry verticals: government, energy, construction and mining, transportation, industrial manufacturing ...
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