The phrase signifies a person’s or group’s energetic seek for fundraising occasions of their locality characterised by a bidding course of performed with out vocal bulletins. Members write their presents on a sheet, competing anonymously till the public sale’s shut. For instance, an individual dwelling in Chicago and typing “silent auctions close to me” right into a search engine goals to find native charity occasions or college fundraisers that includes this kind of bidding.
These localized occasions present a number of advantages. They provide neighborhood members the chance to assist native organizations and initiatives whereas buying items or companies, typically at aggressive costs. Traditionally, these occasions have served as very important fundraising instruments, permitting organizations to succeed in monetary objectives and foster stronger neighborhood bonds. Moreover, they’ll stimulate native economies by attracting attendees and producing income for supporting companies.