Stream Energy is a company based in Dallas, Texas that is well known to be heavily involved in philanthropy. After Hurricane Harvey, Stream Energy looked to help those in need. The storm resulted in the loss of property, pets and some lives. As a result, the company has looked to provide a foundation that helped fund the recovery effort. It has also looked to help ease any financial burdens of the customers as well. Over the course of the company’s existence, it has been one of the most generous organizations in Texas. Recently, the company launched a foundation called Stream Cares which will be a key component of its charity efforts.
With the development of its foundation Steam Cares, Stream Energy has been able to use its business success to help leverage its charitable activities. The philanthropic activities are used to help establish the company brand as well as enhance their reputation. This has allowed the company to give back in other ways besides monetary donations. With the launch of Stream Cares, the company is the latest to participate in a growing trend among corporations. Nowadays, companies such as Stream Energy are using philanthropy to earn respect and loyalty of customers and the general public.
During the course of the company’s existence, Stream Energy has established long term relationships with well known charitable organizations such as Habitat for Humanity and the Red Cross. A number of the company’s employees and corporate leaders are very active in other forms of giving. Since the company is involved in the direct selling industry, it has its independent distributors donate to charitable causes. The distributors use a portion of their income to help those in need.
One of the most notable charitable organizations that Stream Energy donates to is Hope Supply Company. This is an organization that looks to help homeless children. With this charitable organization, the company helps provide money, supplies and also an experience at a local water park. For more than four years, Stream has worked with Hope Supply Co to provide assistance to children in the Dallas metro area who are in need.