This is the 3282nd most frequent German word.
förderverein
A "förderverein" is a support or fundraising association for promoting and financially aiding an organization, project, or institution.
In this sentence, 'Förderverein' implies a collective aiding in the development of the sports club.
Ich bin seit Jahren Mitglied im Förderverein des Sportclubs.
I have been a member of the sports club's support association for years.
The word 'Förderverein' is used in general terms to describe an entity that offers financial or organizational aid.
Ein Förderverein kann wichtige Projekte finanziell unterstützen.
A support association can financially assist important projects.
Here, 'Förderverein' refers to a specific association that supports the school's initiatives.