The Osborn Residents’ Association has donated more than $50,000 in scholarships to employees’ children who are pursuing college degrees this year. Forty-four scholarships of $1,200 were presented at the association’s meeting this month.
The Academic Achievement Awards program was started in 2002 by Edward Pasciuti, a former educator and philanthropist who has lived at The Osborn’s Sterling Park independent living community for more than two decades.
“I wanted to do something to carry on my life’s work in education and to help the children of Osborn employees, some of whom were the first in their families to attend college,” he said.
Through Pasciuti’s leadership and his committee’s efforts over the past 20 years, The Osborn’s Residents’ Association has raised and awarded more than $500,000 in academic scholarships. The funds are raised through a resident-led donation drive run by The Osborn’s Sterling Park residents and administered through The Osborn Foundation.
“It’s a way of showing the next generation — our future leaders — that we appreciate them and want to help them further their education,” Pasciuti said.
Osborn President and CEO Matthew G. Anderson commented that Pasciuti’s dedication inspires everyone at the retirement community.
“The generosity that he and the other residents demonstrate through the Academic Achievement Awards means a great deal to our hardworking employees and their families,” Anderson said.
The current recipients of the award are eligible for the scholarship all four years of their undergraduate education.
The Osborn is a private, non-profit, continuing care retirement community in Rye, NY, that offers independent living, assisted living, memory care, a five-star skilled nursing facility, and in- and outpatient rehabilitation care.
Click here to see the In Focus archive and read how to submit your photos for consideration.