Philanthropy

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Philanthropy

The practice of a wealthy individual or corporation giving money to charity or other programs designed to help others. The term is most applicable when the individual or corporation starts his/her/its own 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.
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10 I will strengthen my community through philantropy.
Charlie Benenson was passionate about the real estate business--and equally passionate about philantropy, art and the education and empowerment of New York City's disadvantaged children.