Often used when referring to actions supporting non-profit and charity work, not just casual giving. Her philanthropic work mostly involved non-profit organizations.
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Large Scale
'Philanthropic' suggests significant support or aid, not small, everyday acts of kindness. The philanthropic contributions by the millionaire made headlines.
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Positive Connotation
It carries a very positive meaning, implying noble intentions behind the actions. He received an award for his philanthropic efforts in education.