Measure out 5 cups of rice cereal squares and place them in a large mixing bowl.

In a microwave-safe bowl, combine white chocolate chips and softened cream cheese. Microwave in 30-second intervals, stirring between each, until smooth.

Stir in the cherry pie filling and vanilla extract until well combined.

Pour the cherry cheesecake mixture over the cereal squares. Gently fold until the cereal is evenly coated.

Transfer the coated cereal into a large resealable plastic bag. Add the powdered sugar and shake until the cereal is fully covered.

Spread the puppy chow on a baking sheet lined with parchment paper to cool and set.

Once cooled, sprinkle graham cracker crumbs over the top for an authentic cheesecake taste.

Store in an airtight container for up to a week.