Meaning of the word philanthropy in English

What does philanthropy mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

philanthropy

US /fɪˈlæn.θrə.pi/
UK /fɪˈlæn.θrə.pi/

Noun

1.

the desire to promote the welfare of others, expressed especially by the generous donation of money to good causes.

Example:
he acquired a considerable fortune and was noted for his philanthropy
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