Welfare (noun)

1. The health, happiness, and fortunes of a person or group.
2. The provision of financial or other assistance to those in need.
3. The state of being well off or at ease.

Origin:

Middle english wel fare, from well + fare, from old english faran to journey; akin to old high german faran to go.

Examples:

1. The welfare of the children is of utmost importance.
2. She is on welfare and receives government assistance.
3. The company has a welfare program for its employees.
4. The welfare state provides a safety net for its citizens.
5. The welfare of the community is dependent on the actions of its members.