Pasco-Hernando State College Volume XII, Issue II - Fall 2018 | Page 12

FOUNDATION
NEWS
Giving Back:
DONATIONS MAKING
A DIFFERENCE
T
he Withlacoochee River Electric Cooperative (WREC) Annually, the Take Stock in Children of Hernando County
is one of the largest nonprofit utilities in the country. designates a goal of raising $30,000 to support prepaid
WREC’s cooperative model allows the organization to scholarships for Take Stock in Children students. Those students
return credits to members and contribute to the local community who participate in the mentoring program through high school
through the WREC Educational Foundation. In January, PHSC was are rewarded with a prepaid scholarship to establish a seamless
the recipient of a $25,000 contribution from the WREC Foundation. transition to PHSC.
A designated $10,000 of the funds are allocated for Take Stock
in Children in Hernando County prepaid scholarships. “The
Withlachoochee River Electric Cooperative Foundation believes
that higher education is the key that opens doors for all students.
We are pleased to be able to support this important program,” said
Billy Brown, WREC Executive Vice President/General Manager.
Established in 1941 as a nonprofit utility, WREC has been a
consistent supporter of PHSC and education in Pasco, Hernando
and Citrus Counties. In 1993, the organization established the
Withlachoochee River Electric Cooperative Faculty Chair fund to
support the academic growth and development of PHSC faculty.
Take Stock in Children end of year program.
12
PHSC Perspective
Ricky Gude, WREC; Timothy L. Beard, Ph.D.,
PHSC; and Billy Brown, WREC.