As charity, give fellow crown, not pence (6)
I believe the answer is:
donate
'as charity' is the definition.
I can't tell whether this definition defines the answer.
'fellow crown not pence' is the wordplay.
'fellow' becomes 'don' (both can mean an academic).
'crown' becomes 'pate' (both can mean a person's head).
'not' indicates named letters should be taken away.
'pence' becomes 'p'.
'pate' with 'p' taken out is 'ate'.
'don'+'ate'='DONATE'
'give' acts as a link.
Can you help me to learn more?
(Other definitions for donate that I've seen before include "Give freely, maybe blood" , "Give as a gift as to charity" , "Make an offer" , "Contribute (to charity)" , "Give as gift, say blood" .)