What does 'funded' mean? Does it have to do with money and finances?

[angieM]

Test No. incompl/advan-10 "Finance (2)", question 4

This sport centre has largely been ......... by money that has come from the national lottery.

(a) founded
(b) found
(c) fined
(d) funded

Test No. incompl/advan-10 "Finance (2)", answer 4

This sport centre has largely been funded by money that has come from the national lottery.

Correct answer: (d) funded

Your answer was: n/a
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what is the meaning of funded?

[Alan]

This means paid for/money provided for.
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English as a Second Language
You can read my ESL story The Name of the Game