Stream Energy Gives Back to the Society through Corporate Philanthropy

Weather calamities often affect people in different ways. For instance, the people of Houston were displaced from their homes by the Hurricane Harvey. People lost their pets and their loved ones too. Organizations such as Stream Energy offered the victims of the Hurricane Harvey aid through numerous donations.0

Stream Energy is a corporation that deals with the sale of energy. The company uses its profits to offer aid to those who are in need. At the moment, Stream is engaging in philanthropy through their charity foundation known as “Stream Cares.” Through “Stream Cares,” Stream Energy has showcased that philanthropy is an essential part of their brand. By participating in philanthropy, Stream enhances its public image, and they also earn the loyalty of their current clients. When a company has a branch that deals with philanthropy, the executives in the company may utilize the publicity gained with time to shield the company from the negativity that is brought about by scandals and losses.

Statistics also showcase that there many organizations that are engaging in corporate philanthropy alongside Stream Energy. Apart from issuing funds, these organizations also participate in philanthropy by taking part in corporate sponsorship. Stream has even gone a step further, and they have forged long-term relationships with other organizations such as Red Cross and the Habitat for Humanity.

As a corporation that engages in corporate philanthropy, Stream mainly emphasizes on eradicating homelessness. Stream is always up to date with the statistics of the homeless people in Dallas. By working together with Hope, Stream is actively tackling the homelessness factor in Dallas. Recently, Hope and Stream came together to pay for the entrance and meal costs at a certain event for more than 1,000 homeless children in North Texas. The event brought many children together, and the employees at Stream were able to entice the children by donating money and supplies. Hope Supply, in turn, donated clothing, diapers, and school supplies for homeless children. Both companies have been working together for more than four years. The people of North Texas were also affected by a tornado in 2016, and they greatly benefited from the philanthropic efforts of Stream Energy. By working together with the Salvation Army, Stream made sure that the victims of the calamity got access to the necessary aid.