Stream Energy is a Dallas Based Company that Engages in Corporate Philanthropy

At times, people come together to give back to the society in different ways. The less privileged are more of an ideal group who need assistance from the philanthropists in the society. Such people may come from less privileged backgrounds. There is also another group of less privileged people who serve as victims of natural weather calamities such as hurricanes and tornadoes. Recently, there was an instance of a Hurricane Harvey in Houston. Many people’s homes were destroyed thus rendering them homeless. The victims were relying on the aid offered by philanthropists as well as organizations such as Stream Energy.

Stream Energy is a company that deals with the sale of energy. The company is based in Dallas. Since philanthropy is embedded as one of the co-values within the company, Stream was able to offer its assistance in every manner possible. To ensure that the company’s philanthropic efforts are progressing accordingly, Stream Energy formed the Stream Cares. Through Stream Cares, the corporation can indulge in philanthropic activities that are aimed at helping out the less privileged individuals throughout the country.

When a corporation indulges in corporate philanthropy, they can gain more respect from the public as well as their clients; this is because such activities are highly publicized. The executives within the company can also utilize this publicity to the company’s advantage in case there is a scandal or a fall in the company’s profit margins. The statistics in 2016 also showcase that corporations that engage in philanthropy gave out over $19 billion as their way of giving back to the society. Stream Energy has also partnered with other organizations such as Red Cross and the Habitat for Humanity.

One of the key areas that Stream Energy is trying to address is homelessness. To ensure that the homeless individuals receive the necessary help that they need, Stream is working with an organization known as Hope. The Hope Supply Co. has been known for helping out the homeless children in the society The Company usually provides school supplies, diapers, and clothes to these children. Stream also plays a significant role by offering financial aid. The partnership between the Hope Supply Co. and Hope has stayed afloat for four years, and they are set to continue working together for many more years.

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