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Philanthropy

   Also found in: Dictionary/thesaurus, Encyclopedia, Wikipedia, Hutchinson 0.06 sec.
Philanthropy
1. An activity performed with the goal of promoting the well-being of fellow man.

2. To dispense or receive aid in the form of a gift from funds intentioned for humanitarian purposes.

Notes:
Renowned investor George Soros is well known for his generous contributions to the Open Society Institute, a foundation that strives to promote humanitarian activities. His generous donations to improve the human condition is an excellent example of philanthropy.

See also: Gift, Invisible Hand
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