Definition of sponsors:
(n) :
A person or organization that pays all or part of the cost of an event, publication, media program, etc., usually in exchange for advertising.
(n) :
A person or organization with some sort of responsibility for another person or organization, especially where the responsibility has a religious, legal, or financial aspect.
(n) :
A senior member of a twelve step or similar program chosen to guide an initiate and form a partnership with them.
(v) :
(transitive) To be a sponsor for.