Funder

A 'funder' is an individual, organization, or entity that provides financial support or resources to a project, program, or initiative, usually with the intention of achieving specific goals or outcomes. Funders can be private donors, government agencies, or corporate sponsors, and their contributions can be crucial for the success of various ventures.

Funder meaning with examples

• The nonprofit organization secured a generous grant from a local Funder, enabling them to launch a literacy program for underprivileged children. This support was not only financial but also included training and resources that empowered the organization to maximize its impact in the community.
• When proposing a new research project, scientists often need to identify potential funders who align with their study's objectives. A thorough understanding of a funder's mission and interests can increase the chances of securing necessary financial backing for rigorous scientific exploration.
• During the startup pitch event, several entrepreneurs had the opportunity to present their business ideas to a panel of funders. Receiving immediate feedback from these experienced investors could greatly enhance their approach and potentially lead to securing critical capital for their enterprises.
• In the world of arts and culture, many creators rely on funders to support their projects, whether it's a theater production or a public art installation. Funders might be motivated by a desire to support cultural initiatives, enhance community engagement, or foster artistic innovation.