Hurricane Harvey had no mercy when he poured fifty six inches of heavy rain on Houston communities, as well as other parts of the United States. Roadways were flooded and many homes and lives were lost. Stream Energy located in Dallas, Texas was eager to donate money from their energy company to many people in need. They were one of the first companies to donate to the fund for Hurricane Harvey relief. Additionally, they made sure to relieve their customers who were facing financial problems due to the devastating hurricane.
Philanthropy is important to Stream Energy. It is was defines their corporate DNA. The company has a direct selling business model. Because of their success, they were able to create their foundation Stream Cares. Stream Cares does charity works all over the state of Texas. The company’s foundation has been sponsoring charity works for at least a dozen years. With the happenstance of Hurricane Harvey, Stream Energy along with other Dallas corporations shows how large companies can use their profits to do good works for the communities around them.
Statistically, American corporations gave nearly nineteen billion dollars in 2016 to many charities domestically and globally. That hefty billion dollar number excludes cause marketing, sponsorships, the volunteering of employees and time donations. Stream Energy has formed relationships with the American Red Cross and with Habitat for Humanity. They help these organizations drive grassroots donations and aid to their causes.
With the devastation of homes, many people in Texas were left to be homeless. Stream Energy cares a lot about fighting homelessness. The company and its employees work to create and keep records of the amount of homeless individuals in the Dallas area. The company has notice an increase of twenty four percent in the amount of homeless people in the area, The company has partnered with Hope Supply Company in an effort to combat the increasing number of homeless individuals. Together, Stream and Hope, work to take care of the thousands of homeless children in Dallas. They have been able to provide these children with school supplies, meals, clothing and diapers.