friendraiser
n.— «That event wasn’t a fundraiser—its tickets of $60 per person or $90 per couple, she says, went entirely to cover costs—but was what arts development professionals have taken to calling a “friendraiser.” It’s meant to increase the organization’s constituency, which eventually could yield another base of donors.» —“Stepping out: The Barefoot Ball” by Christopher Yasiejko News Journal (Wilmington, Delaware) Apr. 13, 2007. (source: Double-Tongued Dictionary)
Further reading
There was a time when William Shakespeare was just another little seven-year-old in school. Classes in his day were demanding — and all in Latin. A new book argues that this rigorous curriculum actually nurtured the creativity that later flourished...