(noun): Money or other valuables given to charity or the poor.
”Almsman" and "almswoman" as alternates for "beggar" are a bit more outmoded, but the base word, "alms," itself is still available for use. Although originally a singular noun, today it is plural: "alms are an expression of charity in both senses of the word."
If you are looking for a more literary and emphatic turn of phrase than "handout," try today's word: "I'm not asking for alms; I'll pay you back when I get my paycheck." When you need an arresting hyperbole to defend yourself against the children's relentless requests for money, today's word can work for you in many ways: "You'll drive us all to the alms house!"