According to Oxford Dictionaries; Philanthropy - The desire to promote the welfare of others, expressed especially by the generous donation of money to good causes
The ultra-wealthy top of this sick society like to call themselves philanthropists while promoting policies that are deadly and psychologically degenerative to the mankind.
"The Gates Foundation was described as a shell for tax avoidance by ... Techrights has collected evidence that shows the same and will organize it here. Through the foundation, Bill, Melinda and Microsoft maintain pharmaceutical patent investments, tobacco investments, investments in alcoholic beverages, petroleum investments, investments in experimental and controversial crops, and even investments in news/media. Gates need not even pay tax, though he keeps control of the assets and uses that control to influence private and public policy. Money talks and politicians can in turn be persuaded to buy from Microsoft. This dependence/lock-in cascades down to businesses and homes, creating a revenue stream that would not exist in a free market. Gates is also able to bring public money to himself through energy and public health policy. As Gates has diversified, his corrupting influence has spread to other portions of the economy."