Philanthropy
What Does Philanthropy Mean?
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.
Investopedia explains Philanthropy
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.
