Funding from the Scott Richards North Star Charitable Foundation endowed the Scott Richards North Star Charitable Foundation Chair for Alzheimer’s Research at Temple and established the Alzheimer’s Center at Temple.

The North Star Resource Group established a charitable foundation in 2004 to support causes close to the North Star team. The foundation was renamed the Scott Richards North Star Charitable Foundation in 2008, after the passing of former president Scott Richards. Since 2004, North Star has donated 10% of all profits to the foundation, which has contributed nearly $3 million to local communities across the nation. The foundation also supports the philanthropic interests of its advisors and team members by providing an internal gift matching program.

The Scott Richards North Star Charitable Foundation has selected six causes to focus its support: Alzheimer’s disease, ataxia, Bikes for Kids, breast cancer, cystic fibrosis and myelofibrosis.