A fundraising event where participants bid on a variety of donated items, a silent auction with a raffle element is often called a “chinese auction”. Individuals purchase tickets that they then place in containers corresponding to the items they wish to bid on. At a designated time, tickets are drawn from each container, and the winning ticket holder receives the associated prize. For example, a local school might organize this event to raise money for a new playground, soliciting donations from local businesses and families. Attendees buy sheets of tickets and place them in the baskets for gift certificates, themed baskets, or donated experiences they hope to win.
The attractiveness of this type of fundraising lies in its affordability and element of chance. Unlike a traditional auction, participants can bid on multiple items with a small investment. The element of surprise and potential to win desirable prizes for a modest cost makes it an appealing way to support a cause. Historically, such events have been successful in engaging communities and generating substantial funds for charitable organizations, schools, and other non-profit groups. They allow for tiered bidding, giving participants control over which items they prioritize.