Definition, Meaning & Synonyms
benevolent fund
noun
buh-NEV-uh-luhnt fuhnd
Definition
A benevolent fund is a financial pool established to provide assistance and benefits to individuals in need, typically used for charitable purposes.
Examples
- The organization established a benevolent fund to support employees who face unexpected challenges.
- Many schools have a benevolent fund to assist students from low-income families.
- Her contribution to the benevolent fund helped many families during the crisis.
Meaning
It refers to a fund that supports humanitarian efforts and helps those facing hardships or emergencies.
Synonyms
- charitable fund
- relief fund
- aiding fund
