An atom of any element must contain "<span>(2) an equal number of protons and electrons" but it should be noted that atoms can borrow electrons from one another. </span>
As it dissolves a large number of solid, liquid and gaseous substances it's called a universal solvent. It's important for living thing because all of them depend on water to survive. For example, many organisms live in the water and they find some of the nutrients that are necessary for live dissolved in water - gases included.