Step 1: Prepare the Whipped Cream
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In a large bowl, whip the cold heavy whipping cream and 1 cup of powdered sugar together using an electric mixer for 7 to 8 minutes, or until thick and stiff. Set aside the whipped cream.
Step 2: Make the Cheesecake Filling
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In a separate large bowl, use the electric mixer to combine the cream cheese, the remaining 1 cup of powdered sugar, and vanilla extract until smooth and creamy.
Step 4: Assemble the Cake
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Lay out a single layer of graham crackers along the bottom of an ungreased 9 x 13-inch baking pan or dish.
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Spread a thin layer of the cheesecake filling over the graham crackers.
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Spoon out one can of the cherry pie filling over the cheesecake filling and carefully spread another thin layer of the cheesecake filling on top.
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Place another single layer of graham crackers on top.
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Repeat the layering step one more time.