Benefactor

Benefactor: A benefactor is an individual or organization that provides financial or other support to a person, group, or institution, often in the form of a donation or gift, with the aim of promoting a cause, project, or organization.

Examples:

  • A wealthy philanthropist donating Money to a university to fund scholarships.
  • A local business owner sponsoring a community sports team.
  • A charitable foundation providing grants to non-profit organizations working in healthcare.

Cases:

  • In 2019, a benefactor contributed $1 million to a hospital to improve patient care facilities.
  • A famous author established a benefactor fund to support aspiring writers through workshops and grants.
  • A tech company acted as a benefactor by funding a program aimed at teaching coding skills to underprivileged youth.