Hurricane Harvey caused major damage in 2017, being the first major hurricane to cause landfall in the U.S. since 2005’s Wilma. The Hurricane ended up inflicting $125 billion in damage mainly due to catastrophic flooding in Southeast Texas and the Huston Metropolitan area, forcing 30,000 to be displaced. Stream Energy, a Dallas-based company, decided to stand up and use the money earned from its energy sales business in order to fund the recovery and also ease the financial burden of its own customers.
Corporate philanthropy has always been a part of Stream Energy. The company established its own charity foundation entitled “Stream Cares”, in order to formalize their philanthropic activities through Texas and throughout the United States. Stream Energy has a long standing relationship with Habitat for Humanity as well as the Red Cross, relationships which allows the company to further its mission to give back to the community. In the past, Stream also had a rapid response in the case of the 2016 tornadoes that hit North Texas after Christmas. The Dallas-based company worked with Salvation Army and alongside its associates they managed to raise thousands of dollars for the residents that lost their homes as well as their businesses. Stream Energy matched the funds raised, doubling the donations that were brought forth by its associates.
One particular cause that Stream associates are heavily involved in is homelessness in North Texas. The company partnered with Hope Supply Co. in order to organize the annual Splash for Hope event. As a result of the partnership, Stream and its associates are covering the entrance as well as meal costs for more than 1,000 homeless children in North Texas and bring them to a local water park in order to deliver money, supplies, as well as an experience of a lifetime. Hope Supply Co. is an organization that provides diapers, school supplies, and clothing to homeless children. Stream Energy has been working with the charity for more than 4 years. Kimberly Girard, the company’s senior event manager, notes that Stream is an organization that plans to consistently identify new ways to give back to the community.