The university conferred a degree on its most famous former student, who never graduated. Bestow an honor on someone.
source: WordNet 3.0
give as a gift
source: WordNet 3.0
bestow a quality on
Her presence lends a certain cachet to the company. The music added a lot to the play. She brings a special atmosphere to our meetings. This adds a light note to the program.
source: WordNet 3.0
To lay up in store; to deposit for safe keeping; to stow; to place; to put.