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Definition of 'Philanthropy'

Philanthropy is the act of giving money, time, or other resources to help others. It can be done by individuals, corporations, or foundations. Philanthropists often give to causes that they are passionate about, such as education, healthcare, or the environment.

There are many benefits to philanthropy. It can help to improve the lives of others, create positive change in the world, and make the world a more generous place. Philanthropy can also be a very rewarding experience for the giver. It can give them a sense of purpose, and it can help them to connect with others who share their values.

There are many different ways to give to philanthropy. Individuals can donate money to charities, volunteer their time, or start their own foundations. Corporations can donate money, products, or services to charities, or they can match employee donations. Foundations are organizations that are established to make grants to charities.

If you are interested in getting involved in philanthropy, there are many resources available to help you get started. You can find information about charities and foundations online, or you can talk to your friends, family, or financial advisor.

Philanthropy is a powerful force for good in the world. It can help to make the world a better place for everyone.

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