benefaction
noun /ˌbenɪˈfækʃn/
/ˌbenɪˈfækʃn/
(formal)- a gift, usually of money, that is given to a person or an organization in order to do good
- A large proportion of their income comes from benefactions.
Word Originmid 17th cent.: from late Latin benefactio(n-), from bene facere ‘do good (to)’, from bene ‘well’ + facere ‘do’.