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I think you have a moral obligation, particularly if it's inherited money rather than earned, to spend most of the money maximising value for as many people as possible. This means forgetting about theatre groups, autism, pets, LGBT rights, and basically everything in the first world, and instead spending money on
The choice isn't between spending 'kajillions' on relatively trivial local causes and leaving it in the bank, it's between supporting trivial local causes and supporting far more productive global causes.