Soliciting Corporate Auction Items for Fundraising Events
Imagine this: your organization’s annual gala is fast approaching. You’ve lined up the venue, finalized your guest list, and fine-tuned the evening’s program. But there’s one missing ingredient that could take your fundraising to the next level: high-quality auction items. And not just any items, but exclusive experiences, luxury products, and unique packages that spark competitive bidding and drive up revenue.
Where do these coveted auction items come from, especially if your organization has a limited budget for the event? Perhaps surprisingly often, the answer is corporate donors. Companies large and small offer in-kind donations as part of their philanthropic initiatives. When approached strategically, these businesses can become your best auction item sources and even long-term partners in giving.
Why Corporate Donations Are Ideal for Fundraising Auctions
When it comes to procuring items for a fundraising auction, corporate donations are mutually beneficial: your organization raises more money, while companies gain visibility and align themselves with a worthy cause.
Here are a few reasons corporate donors make ideal auction item partners:
- Larger Budgets: Many corporations can afford to donate premium items or experiences.
- Marketing Value: Businesses benefit from event exposure and goodwill among potential customers.
- Streamlined Processes: Many have established in-kind donation programs with standardized applications.
- Repeat Potential: If the partnership goes well, it can lead to future gifts or sponsorships.
Leveraging corporate donations also saves your staff time; companies are more likely to have access to exclusive items or experiences that individuals may not be able to offer.
What Makes a Great Corporate Auction Item
Not all donations are created equal. The best auction items spark excitement, generate competitive bids, and align with your audience’s interests. When evaluating corporate donations (or suggesting items), keep these characteristics in mind.
- High Perceived Value: Luxury goods, travel, or exclusive access sell well.
- Experiential Appeal: Items like VIP tours, tastings, or meet-and-greets create emotional buzz.
- Relevance to Audience: Know your demographic. A yoga retreat might perform well at a health-focused event, but not at a business gala.
- Unique or Limited Availability: Tickets to sold-out events or one-of-a-kind items attract attention.
Here are a few in-kind donations that would serve well as auction items:
- Airline miles or hotel stays
- Gift cards or product bundles
- Exclusive access (e.g., behind-the-scenes experiences, factory tours)
- Sports or entertainment tickets
- Tech gadgets or services
- Luxury goods (purses, jewelry)
However, you’ll want to encourage companies to think beyond just physical products. Many are happy to offer branded experiences that cost little for them to provide but bring great value to your auction. These could be things like a free hot air balloon ride, a brewery tasting and tour, or tickets to a local sports game.
Where to Find Corporate In-Kind Donation Programs
The good news? You don’t have to start from scratch. Many companies openly publish their in-kind donation guidelines online, complete with eligibility requirements, lead times, and easy submission forms. Your job is to find and match the right companies that give in-kind donations to your event audience.
Start your search with these methods:
- Company Websites: Check under the “Community,” “CSR,” or “Philanthropy” sections for donation program details.
- Corporate Giving Databases: Resources like Double the Donation’s corporate giving database can help you identify companies with active in-kind giving programs, saving you time and targeting your outreach.
- Local Chambers of Commerce: Tap into regional business directories to identify potential donors invested in your area.
- LinkedIn: Utilize LinkedIn to identify key decision-makers and community engagement staff at target companies.
As you research, try keeping a spreadsheet of companies, their donation focus areas, application deadlines, and any requirements (e.g., 501(c)(3) status, event lead time).
How to Ask Companies for Auction Item Donations
Once you’ve identified your prospects, it’s time to make the ask. Whether you’re applying through a form or sending a personalized outreach email, your request should be clear, specific, and aligned with the company’s interests.
Keep these best practices in mind as you craft your request:
- Introduce Your Organization: Share your mission, impact, and audience in two to three sentences.
- Describe the Event: Include the event name, date, anticipated attendance, and how auction proceeds will be used.
- Make a Specific Ask: Rather than a general request, suggest a few donation ideas that tie in with their brand.
- Offer Exposure: Detail how the company will be recognized (e.g., signage, social media, event programs, etc.).
- Include a Deadline: Respect the company’s planning timeline and give a clear window for response.
Here’s an example:
Mark’s Place is a local nonprofit that provides after-school programs for underserved youth in our community. We’re hosting our Fall Gala on October 12, and will be welcoming 400+ supporters to raise funds for our programs. We’d love to feature a donation from Carl’s Computer Company in our upcoming auction. Your innovative technology would be a great fit to help drive bids for our cause. In return, your brand will be highlighted in event signage, printed materials, digital promotions, and more. Please let us know by September 5 if you’re able to contribute. I’d be happy to provide more info.
From there, we recommend following up if you don’t hear back after a couple of weeks, in a polite and professional manner. After all, corporations receive numerous requests and may require a gentle reminder to prioritize your proposal.
Tips to Maximize Auction Revenue with Corporate Gifts
Securing corporate auction items is only part of the equation. How you present and promote them at your event can significantly impact their final bid value.
Here are a few strategies for maximizing auction success:
- Group Smaller Items Into Packages: Combine related items into themed bundles (e.g., “Wine Lovers Night” or “Tech Home Office”).
- Highlight Donors Publicly: Showcase company logos in auction catalogs, signage, and social media to encourage future giving.
- Use Storytelling: Pair high-value items with mission-driven stories that remind bidders why they’re giving.
- Create Friendly Competition: Use live auctioneers or MCs to stir excitement and bidding wars.
- Offer Mobile Bidding: If using silent auctions, invest in auction software that allows real-time mobile bidding and notifications.
When donors see that their contributions are valued and well-promoted, it increases the likelihood they’ll give again next year, or even deepen their support.
Final Thoughts: Building Lasting Corporate Relationships
Corporate donations can transform your fundraising auction from a good event into a major revenue driver. By identifying companies with existing giving programs, crafting thoughtful and targeted requests, and promoting donated items with care, your nonprofit can elevate both engagement and fundraising results.
But don’t stop at auction night. These contributions are just the beginning of deeper corporate relationships. Use your auction as a launchpad to grow year-round partnerships that include sponsorships, employee giving, volunteer programs, and more.
The opportunities are out there, and the right tools can help you find companies ready to give. With a well-built-out strategy, your nonprofit can build lasting partnerships that fuel your mission well beyond the event.