What does this phrase mean: "to raise money"?

[angieme]

Test No. incompl/advan-2 "Spin Doctors", question 1

Most of the money ......... was donated to charity.

(a) raised
(b) gathered
(c) risen
(d) found

Test No. incompl/advan-2 "Spin Doctors", answer 1

Most of the money raised was donated to charity.

Correct answer: (a) raised

Your answer was: incorrect
Most of the money found was donated to charity.
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hi, what is raised? what is the meaning in the sentence?
thanks

[Torsten]

If you raise money you organize various activities such as concerts or other culture events. People who buy tickets know that part of the money goes into a special fund that severs a social purpose.
You can also raise money for commercial projects.

TOEIC short conversations: New colleague

[JC]

Hello... I would like to know the difference between raise and gather, and when i should use each one

Thanks

[Alan]

Hi JC,

Raise is used in expressions like raise money (collect money for a cause)/raise chidren (bring children up)/raise your left hand (lift up your left hand).

Gather has the sense of collect often with abstract nouns as in: gather information/gather news and also to assemble around as in: gather a crowd (bring a crowd together).

Hope that helps.

Alan
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English as a Second Language
You can read my ESL story Present Simple

[Emily_Doll]

[Puppet]

Hi,

Does "raise" mean "collect" ? Or "raise" has something to do with the "extra money" they might make ? like profits out of the revenues and are given to charital works.

[Alan]

Hi,

'Raise money' does suggest that you are collecting money usually with a special purpose in mind as in: They are trying to raise money to pay for a new centre for young people to be built.

Alan
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English as a Foreign Language
You can read my EFL story Progressive Forms

[Puppet]

Thank you, sir.