Stream Energy: The Meaning of Philanthropy

Stream Energy is a company best known for its philanthropic efforts for their community. It is a direct energy selling company that compensates it workers for building lasting client relationships. Workers get paid to sell services that will help their clients save money. Another significant fact about Stream energy is that it offers business and residential services. One major incident that brings up Stream Energy is Hurricane Harvey. Hurricane Harvey was a devastating storm, and the area of Houston was left with 56 inches of rain.

Stream Energy used money that it earned from successful business deals to fund the recovery of the massive devastation. One reason for this is because some of the people who lost their homes in the storm were customers of Stream. Not to mention philanthropy is a big part of the company’s culture. “Stream Cares” is the name of the charity foundation created by the company. It builds a good foundation for the company as it establishes lasting client relationships. It also creates an excellent reputation with the general public. Stream Energy also partners with the Red Cross, and the Habitat for Humanity to help individuals all over the world who face sudden tragic loss due to natural disaster.

Homelessness is another issue that Stream Cares aims to diminish. For example, Splash for Hope is an annual event given by Steam to give homeless children the chance to experience the fun of a water park. Children and their families are provided money and supplies at the event. Not to mention, Stream Energy pays their admission and covers any meal costs to ensure that their only focus is to have fun. The company also partners with the Salvation Army to raise money for families who are less fortunate or who have lost their businesses or homes in a catastrophic natural disaster. For example, in 2016 numerous tornadoes hit the North Texas area. The worst part about it was that it happened the day after Christmas. However, that did not stop the Stream team from coming out to help raise money for the community. In fact, they matched the donated funds to double the amount of money that would be utilized for the recovery.

Related articles