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Stream Energy is a company located in Dallas Texas. The company believes in philanthropy. This became evident after the company began to help out in the recovery process of the Hurricane Harvey event. It now has a foundation charity called Stream Cares. This charity helps out people in need not only in Texas but also in other areas of the country. For corporations in general this is a relatively new phenomena that they are engaging in. Some are now coming up with a separate philanthropic branch of the business. So there is a giving back to the community and also a gaining of respect in this way by their current or potential clients. Stream Energy has relationships of long standing with organizations such as the Red Cross and Habitat for Humanity. They have a history of giving back. Corporations on a statistical level are generous in the United States. They gave 19 billion dollars to various charities in 2016. People at these corporations have also donated their time.

Stream Energy is involved in direct energy selling. They also offer an assortment of products and services such as fixed rate plans for energy usage to mobile phone plans. Corporations and residences can get service. Stream Energy is also involved with discounting the energy usage price for telemedicine and virtual doctors. Good workers at Stream Energy get paid a commission based on their sales. They are individual business owners in this sense. Many support different causes for people in need.

Stream Energy is trying to help homeless people. There has been a large up tick in homelessness in Dallas. The company is helping to address this. There is a Dallas based charity called Hope Supply Co. 1000 North Texas homeless children got to attend an event at a water park. The entrance fees and the costs of meals provided were all covered by Hope Supply Co. They also supplied clothing, diapers, supplies for school and more were supplied to help out these children. Many of them had never been to a place like a water park before. Memories to last a life time were made.

 

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Hurricane Harvey, which struck in 2017, inflicted damage of $125 billion in the state of Texas. The floods that resulted have inundated hundreds of thousands of houses, which forced 30,000 to get displaced. American lost their lives and their homes. In the wake of the disaster, Stream Energy used their earnings from energy sales and was among the first companies to fund to fund the recovery and to ease the financial burden of its customers.

Stream Energy is one of the biggest companies in the United States which offers connected life services and direct selling services. They offer wireless, energy, and home services. The Dallas-based company was established in 2005 and generated more than $8 billion in revenue since then. Their services are available in multiple states, and they have been named in the Top 10 Most Trusted Retail Electric Providers in the state of Texas.

In order to formalize their ongoing philanthropic activities throughout the state of Texas and throughout the United States, Stream established their own charity foundation, “Stream Cares”, even though launching a philanthropy branch is somewhat of a new concept. The company has engaged in philanthropic activities in the past as well, having a long-term relationship with the Red Cross and with Habitat for Humanity.

A particular cause that Stream associates have a deep care for is homelessness, as the company routinely tracks the level of homelessness in the state of Dallas. Stream Energy have been working together for over 4 years. The partnership resulted in the “Splash for Hope” event, which is designed to bring children to a local water park, allowing the company to offer them money and supplies. In addition, Hope Supply Co. provides diapers, school supplies and clothing for homeless children.

Another case where Stream was involved was in the aftermath of the tornadoes that hit North Texas in 2016. Stream Energy worked with the Salvation Army and raised thousands of dollars in order to provide help to tornado victims who lost their businesses or their homes. Stream matched the funds and doubled the donations that were brought by associates.

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