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Hosted at the Bonham’s auction house in New York City last night, Russell Simmons’ 12th Annual Art For Life art auction preview was a success, as guests got the exclusive viewing on unique artworks from some of the contemporary art world’s most celebrated names.

The art auction was co-hosted by Bonhams Chairman Laura King, Russell Simmons, auction chairwoman Lucille Blair and designer Tory Burch.

PHOTOS: Tory Burch To Co-host Art For Life Party With Russell Simmons In NYC!

The theme for this year’s auction is “Works on Paper” and Kara Walker, the featured artist, donated a beautiful piece she had just completed in honor of Art For Life.

Throughout the evening, Charity Buzz, the online auction experts, made their way through the crowd, taking several bids from party-goers.

Russell and Danny Simmons, founders of Rush Philanthropic Arts Foundation, gave a special thanks to the entire roster of artists who had donated so generously this year, as proceeds from the event will go to support the art education and gallery programs.

PHOTOS: Russell Simmons’ 12th Annual Art For Life East Hampton Benefit

The Art For Life auction preview was a great way to kick off the event and we can’t wait for the annual star-studded gala taking place on July 30 at Russell’s East Hampton’s home!

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Russell Simmons gave a special thanks to the entire roster of artists who had donated.

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Fashion designer Tory Burch attended the Art For Life 2011 Art Auction Preview held at Bonhams, New York last night.

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Russell Simmons, Danny Simmons and Tangie Murray attended the Art For Life 2011 Art Auction Preview held at Bonhams, New York last night.

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Tory Burch, Bonham’s chairman Laura King, and auction chairwoman Lucille Blair at the Art For Life 2011 Art Auction Preview held at Bonhams, New York last night.

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From Left to Right: Vanessa Rodriguez, Victor Matthews, Eunni Cho, Russell Simmons, Tangie Murray and Danny Simmons pose for photographers.

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Russell and Danny in front of featured artist Kara Walker’s art piece.

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Fashion designer and philanthropist Tory Burch with Executive Director of Rush Philanthropic Arts Foundation Tangie Murray.