friendraiser
n.β Β«That event wasnβt a fundraiserβits tickets of $60 per person or $90 per couple, she says, went entirely to cover costsβbut was what arts development professionals have taken to calling a βfriendraiser.β Itβs meant to increase the organizationβs constituency, which eventually could yield another base of donors.Β» ββStepping out: The Barefoot Ball” by Christopher Yasiejko News Journal (Wilmington, Delaware) Apr. 13, 2007. (source: Double-Tongued Dictionary)