Philanthropy is an incredible endeavor for any individual or business, and Stream, an energy business based in the city of Dallas, Texas understands the real reasons why. Any business that only sees the financial aspect of its existence, but fails to recognize the human side is not going to succeed and prosper. That is why Stream Energy immediately took up the cause to help neighborhoods in need when a natural disaster struck in its home state.
Hurricane Harvey had devastating effects that were felt well outside of the city of Houston, and will be for years. Stream Energy, like many other businesses, charities, and individuals in the state of Texas and around the country, stepped in to offer all the help that it could. Immediately following the hurricane, Stream Energy sought to aid its employees as well as its clients. The company knew that they could do more than just offer financial assistance and relief, so they set out to found a corporate sponsored charity foundation called Stream Cares.
This new foundation gives Stream Energy a way to organize and legitimize its charitable work and giving. Giving back and donating to worthwhile causes is something the company has been doing for over a decade, and encourages as part of the company’s culture. Doing this with a new organization gives confidence to those that also want to help the company in its giving, as well as encourages both employees and new clients that are looking for a company that they can trust and values many of the same ideals that they do.
From a company standpoint, setting up a philanthropic side to its revenue generating business, because it adds a new element to the company profile. Businesses that otherwise have no to little public profile are able to gain publicity and maintain an appearance in the general public, which also happens to be the intended client base.