noun

a public function, typically held outdoors and organized to raise funds for a charity, including entertainment and the sale of goods and refreshments.

a church fete

gala,gala day,garden party,bazaar,fair,feast,festival,fiesta,jubilee,pageant,carnival,funfair,fundraiser,charity event,kermis

verb

honour or entertain (someone) lavishly.

she was an instant celebrity, feted by the media