[2] Recanati served in the Palmach, when he helped bring Egyptian Jews into Palestine (modern-day Israel).
[3][10] Recanati made large charitable contributions to the Beth Israel Medical Center, a hospital based in New York City where the Recanati Cardiology Research Fund and the Recanati/Horowitz Cardiology Diagnostic Research Fund was named in his honor.
[2] Additionally, he endowed the Dina and Raphael Recanati Professorship in Medicine at the Harvard Medical School, which is held by Dr. Jerome Groopman.
[12] In Israel, Recanati served on the boards of trustees of the Weizmann Institute of Science, the American Friends of Ben-Gurion University of the Negev, and the American Friends of Tel Aviv University, where he endowed the Recanati School of Business.
[2] He also endowed the Raphael Recanati Genetic Institute at the Beilinson Hospital, in the Petah Tikva-based Rabin Medical Center.
[13] The Raphael Recanati International School at the Interdisciplinary Center Herzliya was named in his honor.