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NintendoPie said:
So Festivus is basically a "Free Holiday"?

Festivus is a made up holiday, created by the father of one of the writers or producer of Seinfeld, who was/is a sociologist.  It was meant to be a free floating holiday that ended up in an episode of Seinfeld and fans took to it.  It now serves as something you can plug in as a neutral holiday, in order to just have a reason to get together.  You can mold it into pretty much what you want, and no one really owns it.  There is a basic structure to it, that can be modified.  I would say it best for people to go and research a bit on it.  But here is Wikipedia on the subject:

http://en.wikipedia.org/wiki/Festivus

That goes into the basic form, but it is very flexible in what can be done with it.