Donation /(?)/

Do·na·tion

Donation

n.
  1. The act of giving or bestowing; a grant.
    After donation there is an absolute change and alienation of the property of the thing given.
  2. That which is given as a present; that which is transferred to another gratuitously; a gift.
    And some donation freely to estate On the bless'd lovers.
  3. The act or contract by which a person voluntarily transfers the title to a thing of which be is the owner, from himself to another, without any consideration, as a free gift. (Law)

Phrases & Compounds
Donation party
a party assembled at the house of some one, as of a clergyman, each one bringing some present.