Hurricane Harvey pummeled the Houston area with 56 inches of rain, killing people, countless pets, and destroying many homes. The Dallas-based company Stream Energy was one of the first businesses to found and fund initiatives to help with the recovery process. To this end of this and other philanthropic works in they launched a charity foundation called “Stream Cares.” Via this foundation Stream pioneered the way for Texas companies to start giving both financially and through services. Not only does it obviously help the community, but it also helps the companies who are thus gaining the respect and loyalty of potential clients.
Research of the growing phenomenon shows that in the year 2016 alone American companies gave almost $19 billion to charities. For its own philanthropic initiatives Stream Energy has also formed partnerships with Habitat for Humanity and the Red Cross. As for the business side of its work, Stream is a direct seller whose associates work with their clients to deliver a number of different kinds of services and products. Its independent associates work with clients in both the residential and corporate sectors. While all of these independent associates can opt to choose not to go into philanthropy, most do so.
Particularly popular philanthropic projects include things involving homelessness. One big homeless project involves Stream Energy’s partnership with Hope Supply Company to help feet more than 1,000 North Texas homeless children. They do this at an annual event called Splash of Hope at a local water park. The event also provides needed things for kids and their families like baby products, clothes, and school supplies. Stream does not do any of its philanthropic work as a detracted benefactor. Its associates are committed to forming lasting relationships with the people they help. Its Senior Event Manager, Kimberly Girard, says Stream Energy is continuing its path of helping people and changing lives.