sponsor

verb1 of 2

to help someone or something succeed by giving them money

• “The sponsored event raised a lot of money for charity.”Tatoeba
• “If only we could find a company to sponsor our race.”Tatoeba

Sentences from Tatoeba show real usage. A word can have several meanings, so a sentence may use another one.

noun2 of 2

A person or organisation with some sort of responsibility for another person or organisation, especially where the responsibility has a religious, legal, or financial aspect.