Philanthropy

The Oxford English Dictionary defines philanthropy as "the disposition or active effort

to promote the happiness and well-being of one’s fellow men". Moreover, according

to the International Encyclopedia of the Social Sciences, philanthropy is the "more

appropriate term for the highly organized types of giving typical of modern industrialized societies".

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Bibliography:

Field, James A.; Matthewson, Tim. "Philanthropy." Encyclopedia of American Foreign Policy. 2002. Encyclopedia.com. 06 Oct. 2013 <http://www.encyclopedia.com>.