Absolutely! For me, that would be the best part of coming into a substantial amount of money. After setting aside a large amount for my children (college, getting started in life) I would love to be able to buy a house for my brother, pay off my best friend's college loans, and donate money to local charities and homeless shelters.
I'd keep some for my husband and myself, but primarily I would want to use it to bless others. There would be zero joy in my driving a luxury car or wearing ridiculously expensive clothing if I knew that the money could be better spent on the very real needs of those I love.