Stream Energy is a company based out of Dallas, Texas. In order to help out their community, especially following the disaster left behind by Hurricane Harvey, they created a foundation called Stream Cares. In addition to help with disaster relief, the new foundation strives to help alleviate some of the homelessness problems that are plaguing the city. To fight this problem, they have also partnered with a company called Hope Supply.
Another reason why Stream Energy decided to create Stream Cares is because they feel that philanthropy is the core of their company’s DNA. This new foundation is a great way to prove how other companies across the Dallas area can use charity as a way to give back to their community and improve their brand.
A main component that sets Stream Energy and their new charity foundation apart from others across the country is that it is its own separate entity. The company is working with other strategic partners, such as Hope Supply, to break new ground in the city for social responsibility in businesses and corporations.
The business model for Stream Energy is pretty simple. They work in direct sales of energy products and cell phone plans. Additionally, the company offers both corporate and residential services. The sales team for the company make their income on the commissions earned from each sale they bring in for the company.
Working with Hope Cares has been the main reason why the company hit their sales goals in the Dallas area. The organization offers items such as diapers, wipes and other items for homeless children in the area. The two companies work well together because Stream Energy has a passion for driving local giving. They also work closely with Habitat for Humanity and The Red Cross to drive their grassroots giving and CSI.
Because of companies like Stream Energy and the partners they work with, people affected by disasters in the area can receive the help they need to get their lives back in order and on track. These philanthropic efforts by Stream Cares and other organizations are sometimes the only help some residents receive.