Philanthropist

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Philanthropist

A wealthy individual who gives money to charity or other programs designed to help others. The term is most applicable when the individual starts his/her own organization to promote pet programs. For example, Bill Gates established the Gates Foundation to perform a variety of philanthropic activities such as agricultural development and the establishment of libraries.
References in periodicals archive ?
Under the meticulous direction of the Duques family, philantropists and long-time residents of Madison Beach who are developing the site, the new structure alludes to the hotel's significant past but in a luxury environment.
WHEN it was published in 1914, The Ragged Trousered Philantropists, by Robert Tressell, was at the cutting-edge of emerging socialist thinking.
Most people tend to assume it is a not-for-profit organization owned by an enlightened group of philantropists.