My Iona

The Mary Catherine Reisert Endowed Scholarship for Nursing

Year: 2023
Type: Scholarship
Nursing students

Purpose

To provide financial assistance to undergraduate students at Iona. Students are eligible in their junior year and must be registered as full-time students in the nursing program. (60034)

History

Ray and Mary Reisert both grew up in working-class families with parents who prized education and sacrificed to provide it. This was the bedrock on which they built their family’s success. Their business, PW Funding, eventually became one of the most respected multihousing mortgage firms in the nation. When PWF was sold decades later, Ray and Mary set out to share with others some of the advantages they gained from their upbringing. Knowing that an investment in the right hands can make a real difference, they formed a foundation to fund grants to small charitable organizations in their own community. Now with a presence in three states, the Raymond J. and Mary C. Reisert Foundation continues their legacy and is managed by their two sons and daughters-in-law.