Stream Energy has been involved in philanthropy for quite some time, but most recently the company launched a new, formal foundation. Stream Cares is a philanthropy foundation that was created with Hurricane Harvey victims in mind, though it will continue to benefit causes throughout the country. In fact, Stream Energy already has strong relationships with Habitat for Humanity and Red Cross. These efforts landed them a feature on Patch.com.
Stream Energy is a leading company in the phenomenon of a business launching a separate branch to carry out their philanthropy efforts. While this is a relatively new trend it seems to be working well for Stream. Stream’s business model is one of direct sales. Its associates work to build a client base and are then paid commission based on those sales. While clean energy is offered, they also offer other products and services such as mobile phones. Because Stream values charity, associates are also encouraged to pick and support a cause.
A cause that Stream and its associates are currently very involved with is homelessness. As the company is Dallas based, associates are in the center of the homeless epidemic in Texas. The 24% increase in homeless sparked a passion to partner with Hope Supply Co. With this company Stream works to provide relief for those in tough situations. Along with meals, diapers and school supplies are also given to homeless children.
Another example of just how important philanthropy is within Stream’s structure can be seen in their work with Operation Once in a Lifetime. Through this organization they support veterans and their families with various outreach events. Most recently a dinner was provided for these individuals, and an event was put on just for the daughters of some of these veteran families. Finding ways to give back has always been an integral part of Stream Energy.