There is a term for wealthy people who claim to act with a sense of responsibility toward those who are less fortunate. Readers might be familiar with the concept of noblesse oblige.
Yes, it can be noble to help those in need. It is not so noble, however, to do so with Other People's Money. It is not so noble to bow politically before a sanctioned victim group.
An alternative term is "limousine liberal". What does it mean?
Americans are a generous people and unfortunately deriving false nobility from that generosity is the progressive/liberal way.