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.