philanthropy
/fɪˈlænθɹəpiː/ · phil·an·thro·py
noun
- Benevolent altruism with the intention of increasing the well-being of humankind. Her philanthropy has made a significant impact on local communities.
noun
- Charitable giving, charity. As public funding is reduced, we depend increasingly on private philanthropy.
noun
- A philanthropic act. His tombstone lists his various philanthropies.
Did you know? The term 'philanthropy' was first used in the 17th century to describe the actions of wealthy individuals who used their resources to benefit society.