Alms

n. charity, aid, something given to the poor (money, food, etc.)

n. high mountain meadow

Alms or almsgiving exists in a number of religions. In general, it involves giving materially to another as an act of religious virtue. In Abrahamic religions, alms are given as charity to benefit the poor. In Buddhism, alms are given by lay people to monks to nurture laic virtue, merit and blessings and to ensure monastic continuity. The word comes from Old English ælmesse, ælmes, from Late Latin eleemosyna, from Greek eleEmosynE pity, alms, from eleEmOn merciful, from eleos pity.
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The American Le Mans Series (ALMS) is a sports car racing series based in the United States and Canada. It consists of a series of endurance and sprint races, and was created in the spirit of the 24 Hours of Le Mans. Teams compete in one of four classes: LMP1 and LMP2 for Le Mans prototypes, and GT1 and GT2 for Grand Touring cars. Race lengths vary from 1 hour, 40 minutes to 12 hours.
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Noun
1. voluntary contributions to aid the poor
(synonym) alms-giving, almsgiving
(hypernym) charity

(n. sing. & pl.)
Anything given gratuitously to relieve the poor, as money, food, or clothing; a gift of charity.
  

Monetary penance. Usually a priest hearing confession of a member of the nobility would assign a small value in alms to be paid to the poor.