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Sterling Park Residents Provide $50K in College Scholarships

June 21, 2022

The Osborn's Residents' Association donated more than $50,000 in Academic Achievement Awards to employees’ children pursuing college degrees. The 44 scholarships of $1,200 each were recently presented at The Osborn’s monthly Residents’ Association meeting.

The Academic Achievement Awards program was initiated in 2002 by Dr. Edward Pasciuti, an educator and philanthropist who has been a resident of The Osborn’s Sterling Park Independent Living community for more than two decades. Through Dr. Pasciuti’s leadership and his committee’s efforts, The Osborn’s Residents' Association has raised and distributed more than $500,000 in academic scholarships over the course of 20 years. The funds are donated by The Osborn’s Sterling Park residents and administered through The Osborn Foundation.

“My entire background is in education – nearly 40 years with the New Rochelle School District as an educator and counselor,” said Dr. Pasciuti. “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.” 

Each year, the resident-led donation drive works to increase the number of students who are helped and the amount they receive. Current recipients of the award are eligible for all four years of their undergraduate education.

Osborn President and CEO Matthew G. Anderson commented, “Dr. Pasciuti’s energy and commitment to making a positive difference inspire all of us at The Osborn. 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.”

Dr. Pasciuti concluded, “These employees take care of us and this Academic Achievement program enables us to help them and their children. It’s a way of showing the next generation – our future leaders – that we appreciate them and want to help them further their education.”

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