PHILADELPHIA — Phillip Richards, executive chairman and founder of North Star Resource Group, gifted 200 North Philadelphia school children with new bicycles Saturday, June 1, at the Aramark STAR Complex at Temple University.
Most of the students—from St. Malachy School, Paul L. Dunbar School and Tanner Duckrey School—recently participated in a bike safety program at their schools. Students were expecting helmets as a special surprise for completing the program, but they received even more.
Hadas Kuznits KYW Newsradio interviewed 12-year-old Brendan Brown about the surprise.
“Oh, I'm very happy and excited about this bike," Brown said. "I haven't had a bike since I was like six years old!"
Temple University alumni and trustee Richards financed the bicycles, having experienced the power of giving first-hand when he was a child in need.
“I grew in the Lower East Side of Manhattan with a mother who was a bartender,” Richards said. “For poor kids like me, it was the Boys Club of New York that meant so much. Just when you thought the world didn’t give a darn about you, another event came from the Boys Club—a trip to the zoo or the circus or a Yankees game—to say that we care about you.”
Richards was inspired by a similar cause, Bikes for Kids, in Minnesota. Bikes for Kids is a non-profit organization established by the Scott Richards North Star Charitable Foundation, named in honor of Richard’s son and North Star’s former president who passed away in 2008. Bikes for Kids has given away nearly 5,000 bicycles to Twin Cities students since it began in 2004.
“This bicycle program is the start of something exciting here in North Philadelphia that will benefit hundreds of school children through the summer and beyond,” said Temple President Richard M. Englert when interviewed by Andy Lochrie of Temple University.
Richards looks forward to future bicycle giveaways in Pennsylvania schools and impacting more lives for good.
“My hope and prayer,” Richards said, “Is that some of these kids will end up at Temple University and some will feel inspired to pay it forward again, like the Boys Club of New York did for me.”
For more information on Phillip Richards and his other community support efforts, visit www.northstarfinancial.com/phillip-richards.
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 170 employees. In a network of over 40 offices in 23 states, they have contributed to the financial security and well-being of over 130,000 individuals and small businesses.* To learn more about North Star Resource Group, visit www.northstarfinancial.com.
*Data as of 12/31/18
For Immediate Release
Digital Marketing Specialist
North Star Resource Group