Of the many companies that responded to the need for humanitarian aid following the devastation of Hurricane Harvey on the Houston region, Stream Energy was one of the first. From their home office in Dallas they were made aware of neighborhoods sitting in nearly five feet of water, and helped to return people to their homes, their daily lives, and even forgave charges to customers who were affected by the storm.
Stream Energy’s internal culture has long celebrated philanthropy and have sought ways to be more involved in their local communities. With employees this interested in charity it was only a matter of time before Stream Cares popped into the picture.
This charity allows employees to be more active in choosing how the company invests its charity dollars and voice their support for certain organizations. It works in the company’s favor as well, increasing their brand as a true corporate citizen that’s invested in the betterment of their community. By lending the Stream Energy name to their own charity will increase their visibility to the public beyond the energy market.
Stream Cares has built up a reputation for the kind of charity it can be by developing lasting partnerships with respected organizations like the Red cross and Habitat for Humanity. This has helped them assist in worthy causes across the state of Texas and the country.
One such partnership is with the Hope Supply CO. Both charities have worked to address the issue of homelessness, which has increased by 24% in Dallas alone. Together they organized and hosted A Splash of Hope. More than a thousand homeless children spent a day at water park filled with food and fun, and concluded the day by receiving supplies and financial aid that would benefit their families.
While charitable giving is nothing novel for corporations, they aren’t so common in the state of Texas. Of all states in the nation, Texas consistently ranks near the bottom when it comes to charity. Senior Event Manager Kimberly Girard hopes that a combination of employee engagement and strategy will be the way for Stream Energy to stand as an example to companies in Texas and encourage them to get more involved in looking after their home state.
In the interest of philanthropic causes, Stream Energy launched Stream Cares. The newly launched initiative will oversee the firm’s activities related to giving back to society, which has been part of the Dallas-based firm since its inception in 2005.
Looking back, Stream Energy has indeed made considerable strides in alleviating human suffering in Texas. The firm which started out a retail electricity company has never turned its back on the less fortunate or communities affected by disasters. Stream Energy’s responses during and after Hurricane Harvey and its philanthropic gestures towards the homeless and Dallas-area veterans are cases in point. What’s more, the company collaborates with like-minded organizations—such as the American Red Cross, Salvation Army—to create favorable synergies in attending to charitable causes.
Hurricane Harvey hit the Greater Houston in 2017, displacing thousands of residents and causing destructions running into hundreds of millions. Stream Energy immediately swung into action, aiding in healing and rebuilding the affected areas. The company, apart from contributing $25,000 to the American Red Cross, helped the organization to receive donations from well-wishers. The most notable gesture from the company, however, was directed to its clients in the affected areas; Stream Energy extended deadlines for payment of recent invoices.
As the number of homeless people continues to soar, Stream’s steadfast resolve is to contribute whatever little in its possession to brighten the lives of the homeless. The company in collaboration with Hope Supply Co. sponsors Splash for Hope. The program in its simplest form delivers a fun experience to the homeless children. The children are taken to local water parks, where they enjoy fun activities. They also are accorded monetary assistance and basic supplies.
Stream’s sphere of philanthropy extends to Dallas-area veterans and their children. Once in a while, the company, through its Operations Once in a Lifetime, treats the less fortunate veterans and their children to exclusive meals. Stream Energy even caters to their transportation costs. The company is interested in being involved in charitable causes beyond writing checks to donate money.