Victory Programs' Dinnerfest Raises Record-Setting $120K
May 9, 2016 Victory Programs, a Boston nonprofit that works with the homeless who often have substance use and chronic health issues, announced its raised $120,000 at its recent annual Dinnerfest, beating its goal by 20% to set a record.
The 26th annual Dinnerfest RED Party + Auction, held April 24 at the Red Lantern Restaurant in Boston, surpassed by 25% the amount raised last year's then-record $90,000.
Dinnerfest 2016 proceeds represent nearly 8% of the agencys total fundraising goal of $1,550,000.
Jonathan Scott, president and CEO of Victory Programs
, said, The tremendous success of the Dinnerfest event is a both a tribute to and true reflection of our communitys deep underlying respect, fundamental caring and an unspoken awe for the unique services and invaluable programming happening each day at Victory Programs."
Helping to set this year's record was a lively auction that inspired guests to give generously during a 'Fund-A-Need paddle bid, which followed a moving client speaker who shared her story of recovery with the aid of Victory Programs life-saving programs.
The fundraising goal for the paddle bid was $15,000, but raised $25,900. The event raised an additional $35,900 through the live auction and $16,570 from silent auction prizes.
The Buy Now silent auction option that was introduced in 2014 continued to be a popular choice for bidders less interested in getting into a bidding competition, allowing them to purchase popular items outright for a 50% mark-up over the value of the prize.
This year the silent auction featured 77 prizes, down from 125 last year, however the average dollar value of the prizes was higher. Dinnerfest also raised funds through two raffles, corporate sponsorships, ticket sales and donations.
Dinnerfest is a culinary-themed auction that offers attendees the opportunity to bid on exclusive dining packages and gift certificates to some of Greater Bostons most acclaimed eateries, including Harvest and Mistral.
Corporate sponsors included Eastern Bank, Macy's, Walgreens, State Street, Yale Appliance and Lighting, Brookline Bank, Burns & Levinson LLP, and Cruz Companies.
Founded in 1975, Victory Programs today operates 17 housing and health programs that provide shelter and recovery services to 2,300 people annually. Victory Programs in 1981 became one of the first agencies in Massachusetts to allow HIV positive clients in its addiction recovery programs, and in 2014 opened Chamblet Family Home in Dorchester to further combat family homelessness.
For the year ending June 30, 2015, Victory Programs reported $12.1 million in revenue and $13.9 million in expenses, according to its most recently available annual report, and served 2,172 adults and 150 children.