Philanthropy refers to voluntary actions or donations that are intended to help and benefit others, particularly in terms of improving their well-being, quality of life, or access to resources. It is often associated with acts of charity, such as making financial contributions, volunteering time or expertise, or providing resources to support a cause or organization. The goal of philanthropy is to create positive change and make a difference in the world, whether through direct action or by supporting others who are working towards that end.