Trustee Alexa Forbes said the trust was "absolutely delighted" with the amount raised, which would go to help Queenstown ski racer Tim Cafe (21) in his campaign for selection to compete in international races.
Cafe received the inaugural Winter Festival Bruce Grant Youth Trust special achiever award, which was presented at the charity fundraiser breakfast.
Ms Forbes said the trust needed to raise a "huge amount" of money to support a New Zealand representative skier.
Nine items were auctioned, raising $10,850.
A chairlift chair sold for $1000, a signed photograph of Cafe sold for $2000, a day at The Hills golf course sold for $700 and a trip to Mt Larkins fetched $1600.
Winter Games NZ chairman Sir Eion Edgar bought a bottle of Rockburn Pinot Noir, signed by John Key, for $275.
Sir Eion addressed the breakfast, which was attended by about 100 people at a cost of $49 each.
He said the Winter Games would be opened by Governor-General Anand Satyanand on August 21.
The Bruce Grant Youth Trust charity was founded in memory of former Winter Olympian Bruce Grant, who died in a climbing expedition on K2 in the Himalayas in 1995.
It has donated almost $250,000 in the past 14 years to help young Wakatipu residents reach their sporting, cultural and artistic goals.
