Nonprofit Funding

verb to provide money to pay (a cost or expense)

• The company will defray the cost of the team's travel expenses.
• Don't worry about the tickets, I'll defray the cost.
• I'll chip in to defray the bill at dinner tonight.
• Her hard work helped defray the challenges she faced in her career.

noun the act of sponsoring or providing financial support for an event, activity, person, or organization

• The company decided to pursue a sponsorship deal with the local sports team.
• My friend's dad got us a sponsorship for our school event.
• I heard the new startup scored a sick sponsorship for their product launch.
• Her mentorship was like a sponsorship for her career, propelling her to new heights.

noun a person or organization that provides money for a particular purpose, especially for a project or activity

• The funder of the research project requested a progress report.
• The funder for the event wants us to submit the budget by next week.
• The funder for the start-up is really impressed with our pitch.
• As the funder of the team, she always provides support and guidance.