fundraising

noun C1

Meaning

Fundraising refers to the organized process of soliciting financial contributions from individuals, corporations, or institutions to support a specific cause, project, or organization, often involving strategic planning and communication to effectively en
💡 While "fundraising" is commonly associated with non-profit organizations, it can also apply to various sectors, including political campaigns and educational institutions; however, it is important to distinguish between different types of fundraising approaches and their respective audiences.

Example Sentences

Fundraising plays a crucial role in supporting nonprofit research projects .
The company organized a fundraising event to support new projects .
The fundraising event helped support the local community center's programs .
The fundraising event successfully gathered substantial donations for the charity .

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