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Word: benefaction (lookup in dictionary) (lookup stats)
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Usage:

...these days. On one line, he has been calling several of the nation's loftier cultural institutions, trying to get them to accept as a gift his $5,000,000 Gallery of Modern Arton Manhattan's Columbus Circle. The star-crossed A. & P. heir first sought to benefact Columbia and Fordham universities, which hastened to decline when they got a load of the museum's $3,800,000 mortgage and $500,000 yearly upkeep; now he hopes that some philanthropic soul like Uncle Sam will enable the Organization of American States to accept his charity...

Author: /time Magazine | Title: People: Sep. 1, 1967 | 9/1/1967 | See Source »

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