Donation

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Donation

Donation (/doʊˈneɪʃən/) is the act of giving or contributing something, often money or goods, to a cause, individual, or organization without the expectation of receiving something in return.

Etymology

The term "donation" comes from the Latin word donatio, which means "a giving" or "gift". It was first used in English in the late 15th century.

Related Terms

  • Charity: An organization or effort that provides help and raises money for those in need.
  • Philanthropy: The desire to promote the welfare of others, typically through the donation of money, time, or resources.
  • Fundraising: The process of gathering voluntary contributions of money or other resources by requesting donations from individuals, businesses, charitable foundations, or governmental agencies.
  • Non-profit organization: An organization that uses its surplus revenues to further achieve its purpose or mission, rather than distributing its surplus income to the organization's directors as profit or dividends.
  • Volunteer: A person who freely offers to take part in an enterprise or undertake a task, often in the context of a non-profit or charitable organization.

See Also

External links

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