sponsored
v.v. to pay for an event, person, or project in exchange for advertising. You might also do this to help a friend raise money for a charity.
v. to provide financial support for an activity, person, or organisation, typically for commercial or philanthropic purposes. Transitive — requires a direct object.
A local bank sponsored the school football team this year.
The tech company sponsored the entire conference to ensure their logo appeared on every attendee's badge.
By having the exhibition sponsored by a private foundation, the museum was able to offer free admission to the public for the duration of the summer.
The verb is transitive and takes a direct object; often used in the passive voice to indicate financial backing.
The event was sponsored from a bank.The event was sponsored by a bank.When using the passive voice, the agent (the one providing the money) must be introduced with 'by', not 'from'.