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Why the Term 'Sponsorship Donation' Is Legally Nonsensical

Donation In the case of a donation, one party (the donor) transfers ownership of an item (certain assets or money) to the other party (the recipient) free of charge. In a sports context, this usually involves donations of financial resources, sports equipment, or nutritional supplements. Similarly, in the arts, it may involve providing funds to create new works of art, support young artists, or organize cultural events. Donations of artworks or…