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(I’d note that there are all sorts of these things, including non-monetary ways to climb the status or warm fuzzy ladders, such as “The person everyone knows will always make themselves available to sing for a funeral no matter how little notice is available.”)
AFAICT, in highly functional communities it's generally not possible for wealthy people to purchase moral standing with cash alone. The social obligation can be in the form of offering good work terms, freeing up a prosocial spouse to be heavily community-involved, etc
If I try to think of a good counterexample — say, an introverted, unmarried crypto millionaire who donates $ & participates in some community activities — I don't see that person being understood as a "pillar of the community," though they may be well appreciated & acknowledged
I think there’s some face time practically speaking required, but I do think social status is basically purchasable at some margins. Not everyone in a church knows which doctor bought the roof or who the hat usually lands on when passed, but those who know definitely know.
Generally speaking, places where awe of money is significant enough to cause purchasing power to funge with community involvement are not what I am personally describing when I talk about highly functional communities
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