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Gala charity events are those in which both parties tend to make profits. The organizers get a fair share of the collections or if they are donating away all of it then at least they get credit for their work.
Gala charity events, like touched upon before, could be conducted in a variety of ways. For one, it could be an exotic luncheon organized with a fancy cost tag attached to it.
Such gala events are primarily aimed at helping out charity funds set up to help in rooting out social ills and even to help in certain causes.