Healthcare Executive Establishes Gannon University Scholarship Honoring Daughter’s Memory

Posted: February 2, 2015

Raymond and Mary Graeca's gift to Gannon University will establish the Stephanie Rae Graeca Memorial Endowed "Power" Scholarship in Healthcare Management.

Raymond Graeca currently serves as CEO of Penn Highlands Healthcare System, DuBois, Pennsylvania. He earned his Bachelor of Science degree in accounting from Gannon College in 1967 and his graduate degree in health service administration from Tulane University in 1973. His 40-year career in healthcare has included executive positions at Corry Memorial Hospital, Corry, Pennsylvania; DuBois Regional Medical Center; Garland Community Hospital, Garland, Texas; Medical City Dallas and John Peter Smith Hospital, Fort Worth, Texas.

Raymond Graeca says the scholarship honors the memory of his daughter, Stephanie, who passed away unexpectedly in December 1991. "When my wife and I learned of the 'Power' Scholarship opportunity, we thought it was a meaningful way not only to encourage students to consider a degree in healthcare management, but also to keep the memory of our daughter alive."

Raymond and Mary Graeca live in DuBois and have three children and seven grandchildren. Under the provisions of the "Power" Scholarship Challenge, the gift will be matched by Gannon and will benefit students from DuBois Central Catholic High School who wish to study healthcare management at Gannon.

The Stephanie Rae Graeca Memorial Endowed "Power" Scholarship is among the almost 200 scholarships at Gannon endowed by corporations, foundations, families and individuals. Last year, Gannon University awarded nearly $914,000 in scholarships to more than 400 deserving students from a diversity of locations, backgrounds and financial circumstances. More than 90 percent of undergraduate students received a form of Gannon grant or scholarship.

Endowed gifts to Gannon can also help fund faculty positions, professorships, chairmanships, faculty excellence and study abroad programs at the University.

For more information on the scholarship contact Tony Fulgenzio, executive director of philanthropy and communications at Gannon University, at (814) 871-7786.