supportfund
nounUK /səˈpɔːt fʌnd/
US /səˈpɔːrt fʌnd/
A support fund is money saved to help someone when they need it.
The school started a support fund to buy books for children who cannot afford them.
RELATED WORDS
OTHER MEANINGS
2. A pool of money set aside by an organization to assist members in hardship.
The union's support fund paid for his medical bills after the accident.
3. A government program that gives financial help to people in need.
Families affected by the flood applied to the national support fund.
4. Money collected to keep a project or group running.
They set up a support fund to keep the community center open.