Stream Energy Makes Philanthropy Part of Their Business Model

Stream Energy is an independent provider of energy for seven states in the U.S., as well as wireless and protective home services nationwide. The company is based in Dallas, Texas and was founded in 2002 by Pierre Koshakji and Rob Snyder. What sets Stream apart from other energy providers is that it uses multi-level marketing and word of mouth as primary sales channels. Instead of dealing with a customer service department, Stream users have their own energy broker. These brokers are executives whose sole job is build up personal clients lists and sell energy plans. This makes using Stream a more personal endeavor and provides added value. Stream also is an advocate of corporate philanthropy.

Stream Cares is an in-house charity foundation that formalizes all the philanthropic exploits of Stream execs. It is essentially a philanthropic arm of the company, a department in of itself, that uses funds from Stream to support various chartable institutions. Stream cares is tasked with fostering relationships with charity organizations, continuing present relations with charities, and allocated funds to said charities for the benefit of the community around them. Stream Energy has long standing relationship with both the Red Cross and Habitat for Humanity. They are dedicated to improving the quality of life in Dallas, and all of its executive are involved in some philanthropic endeavor.

Stream Energy was one of the first Dallas-based companies to lend aid after Hurricane Harvey, allocating funds the relief and rebuilding effort. Currently it is funding a homeless initiative through Hope Supply Co. Stream has partnered with Hope to assist over 1000 homeless children through special events and regular aid. Another example of Stream’s dedication to the community is its hands-on assistance with the Salvation Army in the wake of Texas Tornados that cause destruction back in 2016. Stream Energy’s executives do not just sign checks and offer distant support, they are known for their hands-on approach. They are physically present at events, working alongside volunteers, and personally meeting the people they help. It is a corporate model that many businesses are taking on, and one that will truly better the communities around them.

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