Stream Energy was recently featured in an article published by patch for launching Stream Cares, a philanthropy foundation that has changed how Stream carries out its philanthropic activities. Stream has been on the headlines for being the first company to come out to help survivors of disasters such as Hurricane Harvey. In the wake of Hurricane Harvey which affected the Houston neighborhoods, Stream came out to aid residents affected by the floods to get back to their lives.
Philanthropy is part of the company’s value system and it uses the money earned from energy sales to foster recovery of the victims of disasters. It launched Stream Cares to formalize its philanthropic activities across the country. Philanthropy is an essential part of its brand and it has been showing itself as an example of how corporates should leverage charity as well as philanthropy to give back to the community.
Stream Energy recognizes that philanthropy fosters a company’s ability to get back to its feet after a downfall. It also helps to earn reputation as well as loyalty of the public and potential clients. The corporate America has been to be very generous. Companies are contributing greatly to charities.
Stream Energy built long-term relationships with the Red Cross, Habitat for Humanity, employees as well as corporate leadership to foster local and grassroots giving. The company counts on its associates and employees to also contribute to philanthropic activities as independent entities. The associates and Stream’s employees have done a commendable job in trying to settle the issue of homelessness in Dallas.
Hope Supply Co. partnered with Stream to give over 1000 homeless children funds to cater for entrance costs to the annual Splash for Hope. The event brings together people from all walks of life to come and give homeless children an experience of a lifetime. Hope Supply Co. has been supplying homeless children with school supplies, clothing and more. Stream has been working together with Hope Supply for over four years.
Stream’s philanthropic efforts have had far-reaching impacts. In 2016, the tornado victims in Texas has to tell with Stream being part of it. Stream Energy mobilized funding for the victims. Stream has gone out of its way to offer more than money to veterans, homeless people, victims of disasters, and minorities.