Noun

Singular philanthropist

Plural philanthropists

philanthropist (plural philanthropists)

1. A person who loves mankind (the human race) in general.
2. A very generous person or institution.

Philanthropy derives from Ancient Greek, meaning "to love people". Philanthropy is the act of donating money, goods, services, time and/or effort to support a socially beneficial cause, with a defined objective and with no financial or material reward to the donor. In a more general sense, philanthropy may encompass any altruistic activity intended to promote good or improve human quality of life. One who practices philanthropy may be called a philanthropist. Although such individuals are often rich, people may perform philanthropic acts without possessing great wealth.

Philanthropy is a major source of income for fine arts and performing arts, religious, and humanitarian causes, as well as educational institutions (see patronage).

During the past few years, some high profile examples of philanthropy include Irish rock singer Bono's campaign to cancel Third World debt to developed nations; the Gates Foundation's massive resources and ambitions, such as its campaigns to eradicate malaria and river blindness; and billionaire investor and Berkshire Hathaway Chairman Warren Buffett's donation in 2006 of $31 billion to the Gates Foundation....

Philanthropy is facilitated by development professionals and fundraisers. Donor relations and stewardship professionals support the development profession by recognizing and thanking donors in a fashion that will cultivate future giving to nonprofit organizations. The Association of Donor Relations Professionals (ADRP) is the first community of stewardship and donor relations professionals in the United States and Canada.