Gulf Coast Bank & Trust Company's Auctions in August is an annual fundraiser for nonprofits. The online auction is held the entire month of August.
Gulf Coast Bank & Trust Company invites individuals, businesses and nonprofits to donate items for the auction and choose their favorite organization to benefit from their donation. All the items are on display in one of the nineteen branch locations in Southeast Louisiana. Donors are recognized throughout the entire month of August, and their chosen nonprofits receive 100% of funds raised through the auction.
At the end of the auction, winning bidders write their checks directly to the nonprofits designated by the donors. Since its inception in 2008, Auctions in August has raised ,266,000 for hundreds of different nonprofits.