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Philanthropy
Effort or inclination to increase the well-being of humankind, as by charitable aid or donations
Philanthropy consists of "private initiatives, for the public good, focusing on quality of life". Philanthropy contrasts with business initiatives, which are private initiatives for private good, focusing on material gain, and with government endeavors, which are public initiatives for public good, e.g., focusing on provision of public services. A person who practices philanthropy is a philanthrop... en.wikipedia.org
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