Stream Cares is a new philanthropic organization within Dallas-based direct energy seller Stream Energy. Stream Energy was founded in 2005 by Pierre Koshakji and Rob Snyder. Born of the deregulation of the energy market in Texas, Stream offered an alternative choice in gas and electric services. Since then the company has risen to become major competitor with energy service in seven states. It has also expanded to include mobile service and home security on a national level. Its direct-selling model and use of contractors sets it apart, but so does its corporate philanthropy.
Stream Energy is part of the new wave of business that make charity a part of the business model. Something that as normal to associates as weekly meetings and memos. Through Stream Cares contractors are able to facilitate their philanthropy through company means. The organization works with charities that Stream is involved with, organizes events, allocates funds, and focuses on company incentives. One subject that Stream Energy is passionate about is homelessness. Contractors and members of Stream Cares track increases in homelessness, and work with organizations like the Red Cross and Habitat for Humanity to fight back. Most recently Stream has partnered with Hope Supply Company to outreach to homeless children.
Stream worked with the charity to fund Splash for Hope. The invent covered the entrance and meal cost of over 1,000 homeless children at a Dallas waterpark. Stream has been working with Hope for over four years in their attempts to help children. Associates of Stream go out of their way to volunteer for charity events, send aid to local communities in the wake of disasters, and do what they can to increase the quality of life in Dallas. The company wants to give back, and by making that giving company policy it does it well.