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virtual

Apr 06

Predicting proceeds: Forecasting auction results at your virtual gala

A common question from those planning a virtual gala is how much they should expect to raise from their auction. If you've run an in-person gala in past years,  you can use your past yield results to project your revenue.  Projections will differ, depending on the type of virtual gala you'll be hosting. If you've not hosted an in-person gala, your projection will be more of a shot in the dark -- yet I'd still encourage you to host a virtual gala this year.  Your sunk costs are considerably ... Read On >

Nov 17 Virtual gala auctioneer Sherry Truhlar

Your first decision after deciding to host a virtual gala

At first, organizations tried to skirt around COVID-19. Nonprofits and schools with galas scheduled in March and April rescheduled to May and June. Then they rescheduled to fall. Then spring 2021. “Surely by spring we’ll be able to hold an in-person event,” they told me, “We don’t want a virtual gala.” As coronavirus rages on, organizations that skipped hosting a spring 2020 event are recognizing the need for funds. They will be hosting a virtual gala out of necessity. Once you ... Read On >

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