Chicago, IL. On April 21, 2007 the third annual fundraising auction was held at the Ukrainian Institute of Modern Art in Chicago. The event, originally conceived by Olenka Pryma, UIMA's Vice President, had a very successful turn out with nearly 100 attendees. The auction is held in the spring of each year at the Ukrainian Institute of Modern Art and has gained a reputation as a venue for those seeking the opportunity to purchase modern art by well known Ukrainian artists such as Aka Pereyma, Jacques Hnizdovsky and Evhen Prokopov. More traditional items such as Ukrainian textiles, embroidery and ceramics were also auctioned. Local businesses make donations to the auction as well and gift certificates for various services are offered for bidding.

This years' auction was conducted as both a silent and live auction with the live auction conducted by auction committee chair Luba Markewycz, long time UIMA Executive Committee member and Chair of Education. In addition to the opportunity to purchase auctioned items, attendees enjoyed live entertainment and a buffet. Cocktails for the event were provided by Charles Franco.

The auction committee members included Lialia Kuchma, Olenka Pryma, Orysia Cardosso, Kalyna Pomirko, Christine Sobol, and Alla Ostapenko.

The evening was generously supported by both members and friends of the Institute. Proceeds from the event will support UIMA's remodeling efforts in 2007.