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Temple University Announces Creation of Alzheimer’s Center with Gift from Phil Richards and Scott Richards North Star Foundation

The gift will allow Temple University to establish both the Scott Richards North Star Foundation Chair for Alzheimer’s Research at Temple and the Alzheimer’s Center.

BRYN MAWR, Pa. — Temple University has announced the creation of the Alzheimer’s Center at Temple and the establishment of the Scott Richards North Star Foundation Chair for Alzheimer’s Research, due to a gift from Phil Richards and the Scott Richards North Star Foundation. Richards, North Star Resource Group’s Executive Chairman and Founder, is a Temple University trustee and alumnus of Temple’s Fox School of Business.

“We are extremely proud and humbled to receive this generous gift from Phil Richards and the Scott Richards North Star Foundation,” said Larry R. Kaiser, MD, FACS, Dean at Lewis Katz School of Medicine and President and CEO of Temple University Health System. “This strategic investment will pay dividends not just to Temple, but to society – well beyond our lifetimes – funding cutting-edge basic science research, clinical studies, and innovative educational programs for new generations of researchers.”

Domenico Praticò, MD, Professor of Pharmacology, Microbiology and Immunology, and Professor in the Center of Translational Medicine at Lewis Katz School of Medicine, has been announced as the first occupant of the chair. Dr. Praticò joined Temple in 2007 and currently leads the Alzheimer’s Disease Research Program. He is internationally known for his work on Alzheimer’s disease, brain health, aging and neurodegeneration, having authored more than 240 original articles and 25 book chapters. Photo on the left provided courtesy of Temple Health Communications.

The Alzheimer’s Center at Temple (ACT) will integrate research, training, clinical and educational activities in order to study Alzheimer’s disease. Currently the sixth leading cause of death in the U.S., there are more than five million Americans living with the disease. The ACT will seek to study the pathophysiology of Alzheimer’s disease, discover what causes the onset and progression, and develop effective treatment options with the ultimate goal of curing those diseases.

Phillip C. Richards, CLU®, RHU® is the Executive Chairman and Founder of North Star Resource Group. Richards received his B.S. from Temple University in 1962, where he served as Student Body President and received the prestigious Sword Award as an outstanding senior classman. He was elected to the Temple University Board of Trustees in 2009 and was the 2016 commencement speaker for Temple University, where he was also awarded an honorary Doctor of Humane Letters degree. With a career in the financial services profession dating back to 1962, Richards is a renowned international speaker, author, and philanthropist. He serves as the chair of the Scott Richards North Star Charitable Foundation.

In 2004, North Star established the Scott Richards North Star Foundation (SRNSF) in order to maximize charitable contributions as a firm and support causes close to the North Star team. North Star has consistently donated 10% of profits annually to the SRNSF which, to date, has contributed nearly $4 million to the communities in which North Star individuals live and work. The SRNSF supports six causes close to the North Star team: Alzheimer’s disease, Ataxia, Bikes for Kids, Breast Cancer, Cystic Fibrosis and Myelofibrosis.

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To learn more about the Scott Richards North Star Foundation, visit

About North Star Resource Group
North Star Resource Group is a Minneapolis-based financial services firm that provides both individuals and businesses with the resources to help create, preserve and protect their wealth. North Star has more than 150 full-time advisors and over 150 employees. In a network of over 40 offices in 23 states, they have contributed to the financial security and well-being of over 140,000 individuals and small businesses**. To learn more about North Star Resource Group, visit

North Star Consultants, Inc. – Insurance Products and Services. Securian Financial Services, Inc. – Variable Products and Securities.

North Star Resource Group offers securities and investment advisory services through Securian Financial Services, Inc.  Members FINRA/SIPC. North Star Resource Group is not affiliated with Securian Financial Services, Inc. North Star Resource Group is independently owned and operated.

**Data as of 12/31/2017

For Immediate Release

Megan Temte
North Star Resource Group


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