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funder

B1
Uncommon

Pronunciation

UK

    US

    • /ˈfəndər/

    Meanings

    Noun

    1. a person or organization that provides money for a project, organization, or activity

    Beyond the definition

    A funder is a person or organization that provides money for a specific purpose, often to support a project, group, or plan. Sometimes the money is given with no wish for profit, as with a grant or donation. Other times, it is provided as an investment, with the hope of getting money back later. You might hear about funders when charities look for support, startups raise capital, or artists apply for grants. A funder can be a government agency, a private foundation, a business, or an individual.

    Imagine a small theater group putting on a play. They need money for costumes, sets, and advertising. The people or organizations that provide that money are the funders. They are the ones who help make the show possible.

    Examples

    1. 1

      Project support

      The project went ahead after a local charity agreed to be its main funder.

    2. 2

      Reporting

      The funder asked for a short report at the end of the year.

    3. 3

      Museum program

      The museum is looking for new funders for its education program.

    4. 4

      Medical research

      The foundation is one of the largest funders of medical research in Europe.

    More examples
    1. 5

      Startup funding

      If the startup loses its biggest funder, it may have to cut staff.

    See also

    Similar

    Shades of meaning

    Contrast

    Do not confuse

    Used with (collocations)

    • major funder
    • lead funder
    • public funder
    • private funder

    Word family

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    Forms and spellings

    1 form open this card.

    Main spelling

    • funder