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Monday, November 30th, 2009

Celebrity Donation + eBay = Major Scratch for Charities

July 23, 2008 by Tom Durso  
Filed under Business

How much would you pay to hang in Howard Stern’s Sirius studio while he and his crew do one of their daily broadcasts? To buy a piano Elton John played on tour? To name a new species of monkey?

Charity auctions are nothing new, but as BusinessWeek notes, nonprofits are using online auctions to open up the fundraising to new audiences — and to garner far larger winning bids in the process. The auctions noted above, all conducted online, are among the most lucrative ever conducted. Technology has long been touted as a great way to do more with less. In this case, it would seem, the hype has been worth it. | 501(c)

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