There have been many natural calamities that happened across the globe and in the United States, in particular. While many organizations were just mere spectators, there were some like the Stream Energy who jumped in with both hands and both feet to help the victims who lost homes and their loved ones. For Stream Energy, corporate philanthropy is one of their core principles and they always try their best to give back to the community as much as they could. While they help, they not only empower their brand value but also represent the corporations in the Dallas, Texas area whose associates work tirelessly to make sure that sufficient funds are organized for the quick recovery of the victims.
One of the most important charitable cause that Stream Energy is very passionate about is to help out the homeless people. The associates and the organization work collectively to identify the number of people who could be categorized as homeless in the Big D area. They facilitated the process by working with Hope Supply Co. and made significant financial contributions which were able to cover the meals for more than thousand homeless children during an annual event. Stream Energy has worked with the charitable partner for over 4 years providing basic supplies and clothing to the needy. Its aim is to empower the communities we live in and make a world a much better place than it was yesterday.
One of the most patriotic yet noble causes of Stream Energy is towards the veterans in the Dallas area. The company provides assistance in terms of financial support so that many families could come together with their loved ones and enjoy some delicious food at upscale restaurants. The organization also supported assistance to daughters of the military members and in a way changed the lives of so many people in an altruistic way. These are some of the many kind causes that Stream Energy is involved in. They have played a phenomenal role in terms of lifting the standard of living of people in Dallas and Texas and their associates played a compassionate role in the process.
Corporate philanthropy is one of the most outstanding values of Stream. Recently, the company launched ‘Stream Cares’ which is a charity foundation. The company started the foundation to make things formal about the philanthropic activities it carries out in different parts of the US. The company has been active for over 12 years in giving funds to the needy.
When Hurricane Harvey occurred, Stream demonstrated to other companies how conducting charity work is incorporated into its practices. The company does not only offer funds but human resources. Most companies participate in philanthropic activities but do not launch a separate department to take care of such issues. Philanthropy is important to any given community because it is beneficial to the company and those in need. For instance, the company that gives to the community earns loyalty as well as the respect of everyone. Philanthropy is an excellent buffer to a company when profits decrease, scandals arise, and hard times prevail.
Based on statistics, most companies located in the US are extraordinarily generous. Businesses donated $19 billion to various charities in 2016. However, such contributions are not the same as donations of time, individual employee contribution or corporate sponsorship. Stream Energy is an example of a company that has a good reputation for giving to the community.
Stream Energy employs a simple model. Direct selling of energy helps the company in paying associates thus leading to loyal clients.Stream Energy also offers a broad range of services which include virtual doctors, corporate services, clean energy, and fixed rates of power among others. Stream also provides mobile phone plans and residential services.
The associates of the company also get commissions on sales made. Homelessness is a major concern of the company. Employees of Stream, as well as the company’s management team, track the state of homelessness in Dallas. It was noted that there was a 24 percent rise in homelessness in the area. Through Hope Supply Company, Stream Energy was able to reduce the increased rate of homelessness. Thousands of children are able to benefit from the same on a regular basis. Hope Supply Co. offers products such as diapers, clothing, and school items among others. Stream Energy has partnered with the charity for over four years.