sponsor

1 sponsor /ˈspɑːnsɚ/ noun
plural sponsors
1 sponsor
/ˈspɑːnsɚ/
noun
plural sponsors
Britannica Dictionary definition of SPONSOR
[count]
1 
a  : a person or organization that pays the cost of an activity or event (such as a radio or television program, sports event, concert, etc.) in return for the right to advertise during the activity or event
b  : a person or organization that gives someone money for participating in a charity event (such as a walk or race)
c  : an organization that gives money to an athlete for training, clothes, equipment, etc., in return for the right to use the athlete for advertising
2 
a  : someone who takes the responsibility for someone or something
b  : a person who teaches and guides someone in religious or spiritual matters
2 sponsor /ˈspɑːnsɚ/ verb
sponsors; sponsored; sponsoring
2 sponsor
/ˈspɑːnsɚ/
verb
sponsors; sponsored; sponsoring
Britannica Dictionary definition of SPONSOR
[+ object]
: to be a sponsor for (something or someone)
— sometimes used in combination