noun
the desire to promote the welfare of others, expressed especially by the generous donation of money to good causes
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Many wealthy individuals engage in philanthropy by donating large sums of money to charitable causes.
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My friend is really into philanthropy and volunteers at the local soup kitchen every weekend.
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Dude, that billionaire is all about that philanthropy life, always giving back to the community.
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The philanthropy of kindness spreads like a wildfire, touching the hearts of all those in its path.