The Collaborative International Dictionary of English v.0.48:

Donate \Do"nate\ (d[=o]"n[=a]t), v. t. [imp. & p. p. Donated;
   p. pr. & vb. n. Donating.] [L. donatus, p. p. of donare to
   donate, fr. donum gift, fr. dare to give. See 2d Date.]
   To give; to bestow; to present; as, to donate fifty thousand
   dollars to a college.
   [1913 Webster]