When Hurricane Harvey dropped and Houston neighborhoods flooded, companies and businesses watched as Americans died and others left homeless. Stream Energy came in and used their hard-earned funds to help the victims of the floods recover and get back on their feet.
Stream Energy has embraced philanthropy in their value system. In line with this, it started Stream Cares foundation in an effort to support as well as carry out Stream Energy’s philanthropic activities. During the Hurricane Harvey, Stream demonstrated a level of social responsibility that makes philanthropy part of their brand. They not only give back money to the community, they also give non-financial support to community members.
The onset of Stream Cares foundation saw the philanthropic activities of Stream Energy help to build the reputation of the company. In case of a fall, you have a better chance of bouncing back, if you invested in philanthropic activities.
The Corporate America has really tried to give back to the community. According to a research, the Corporate America contributed $19 billion to charities across the United States and beyond in 2016 only.
The Dallas-based company has endeavored to transform local areas by funding activities in the areas. Additionally, the company contributes to philanthropic activities through its employees. Stream has built and promoted associates who supports charities as individuals.
The associates of the company mainly addresses issues related to homelessness. The workers identifies homeless individuals in Dallas in order to help them with food and supplies or get out of the streets. According to a research, homeless people have increased by 2.5%, a rate that is alarming. Together with Hope Supply Co., Stream organizes an event where people come and give food and supplies to homeless children, an event that occurs each year. Apart from the annual event, Stream and Hope Supply Co. routinely gives the homeless children supplies ranging from diapers to clothing to school supplies.
It doesn’t stop there, Stream Energy has helped the tornadoes victims in North Texas in 2016 and collaborated with its associates to contribute funds for the victims. Still, Stream Energy is looking for better ways to give back to the community.