Drebing Fund

Long-time CHELCO member Muriel “Midge” Drebing willed the cooperative $1.9 million after her death at age 77 in October 2021 with the request to help those in need. The Drebing Fund—named in her memory—has become a meaningful way for CHELCO to extend her generosity into the community she called home. 

Through a partnership with United Way Emerald Coast (UWEC), the fund is managed and distributed to vetted, high-impact nonprofit organizations serving Walton, Okaloosa, and surrounding counties.

Each year, a portion of the Drebing Fund supports:

• 501(c)(3) nonprofit organizations that provide educational resources, family services, and programs that enhance quality of life in our communities.
• CHELCO members in financial hardship, through agencies offering utility bill assistance, ensuring that neighbors can keep the lights on during difficult times.

In 2025, $90,000 was distributed through the fund—$67,500 to community nonprofits and $22,500 to agencies providing utility assistance to CHELCO members.

Mrs. Drebing’s kindness is a lasting reminder of the power one person can have in making a difference. Her thoughtful estate planning ensures that, year after year, local families, students, and organizations receive the support they need to thrive. CHELCO is honored to carry out her legacy, and we remain committed to using these funds with integrity, transparency, and deep gratitude.