Stream Energy’s New Philanthropy Foundation

Stream Energy is among the first corporations to assist in funding of Hurricane Harvey, in recovering. This firm is also known to be of help to their client’s financial crisis. This organization has also joined with the Hope Supply Coin to reduce the rate of homelessness in Dallas. The homeless children are now able to receive basic necessities as well as education.

Stream energy has also been in partnership with an organization known as Habitat for Humanity, which supports less fortunate families to build their homes and also repair the existing ones. The families receiving assistance are expected to contribute labor known as sweat equity. This way they are offered affordable mortgages. They also volunteer their labor. Stream energy is also in partnership with The American Red Cross that help managing disaster in the United States.

Stream Energy also recently joined with the Salvation Army in raising funds for victims in North Texas. They have assisted Dallas-area veterans as well through what is called Operation Once in a Lifetime.

The most successful and effective value of Stream is the corporate philanthropy. Stream Energy has also come up with another charity foundation known as Stream Cares. This foundation was launched to formally present the philanthropic activities that they have been taking place for the past 12 years all over the United States on funding.

Besides offering funds, they also provide human resources. The Stream Company did show other organizations their mode of conducting charity work when Hurricane Harvey took place. Many of the firms take part in philanthropic activities. However, they fail to divide into different departments to cater for similar.

Philanthropy is essential in the society since it benefits both the less fortunate and the organizations carrying out the programs. By offering their assistance to the community, the people get to respect them and will always remain loyal to them. The people will still be ready to give back to the company. Philanthropy places an organization in a better position in time of crisis for they receive assistance from the people. Stream Energy is, therefore, having a better chance in the community.

https://www.bizjournals.com/dallas/news/2016/11/14/dallas-stream-energy-relocate-headquarters-addison.html