To raise money meaning in English

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Definition

to raise money: to collect, to gather, to get or to put together money idiom
They raised enough money at the gala to build a new pool for disabled children with enough left over to pay for swimming lessons.
Money raised at the auction will be given to charitable organizations.
Exercise 1
Which of the following statements is most accurate?

Which of the following statements is most accurate?
The letter states that the money will be given to research projects "seeking" the cure for Anosmia. This is different than people who suffer from Anosmia.
The letter states that Bruno Delavigne has "revolutionized" the perfume industry, which has nothing to do with "revolutionaries", who like causing or are engaged in political revolution. Example: Terry Bear is a dangerous revolutionary who should be guillotined.
The letter states that the Nose Committee appreciates Bruno's contributions to the fragrance industry, but this choice is not an appropriate answer to the question above.
The letter states that the money raised at the banquet will be "donated to charities ...and to research projects".

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