Drebing Fund

Choctawhatchee Electric Cooperative, Inc. (CHELCO) announces the “Drebing Fund” following the bequeathment of approximately $1.9 million from former cooperative member Mrs. Muriel “Midge” Drebing to the CHELCO Foundation.

Following her passing in October 2021, CHELCO received notice from Mrs. Drebing’s attorneys of the generous gift and her intentions: that the funds benefit the community in need, focusing on education and community programs.

After the approval of its Board of Trustees, CHELCO invested the money from the Drebing trust to earn interest, dividends, and other capital gains. The gains and earnings were designated for community programs rather than the invested principle, ensuring the gift's longevity.

In the summer of 2024, CHELCO partnered with United Way Emerald Coast (UWEC) to distribute funds to local charitable organizations. Through UWEC Partner Agency Certification, all 2024 recipients were rigorously vetted and met standards for transparency, financial health and governance. In 2024, funds were split into two categories. A large portion of the funds – $67,500 – was awarded to 501(c)(3) non-profit organizations working in CHELCO’s service territory to support critical needs. The other portion – around $22,500 – was distributed to agencies that assist CHELCO members with utility payment assistance.

“Mrs. Drebing’s vision will allow us to extend support to members and programs that will create meaningful, lasting benefits,” said CHELCO CEO Steve Rhodes. “Her generosity speaks to the very heart of cooperative values – strengthening our communities and supporting one another. We are committed to honoring her legacy with responsibility and care.”

CHELCO is grateful to Mrs. Drebing for her profound contribution, which will touch many lives throughout our area for years.