Stream Energy Launches Charity Foundation to Formalize their Philanthropic Efforts

Stream Energy is an energy company that directly sells to customers. Pierre Koshakji and Rob Snyder founded Stream Energy in 2005 in Dallas, Texas. Since then, Stream Energy has become one of the largest energy companies involved in direct selling worldwide. Koshakji and Snyder founded Stream Energy on the idea of selling energy through word-of-mouth. They are able to do this now through their thousands of Independent Associates located across the United States. The company currently offers services in Texas, Washington D.C., Maryland, New York, New Jersey, Delaware, Illinois, Ohio and Georgia. They also offer wireless plans for phones, home services and health services.

Recently, Stream Energy was featured on Patch.com for their philanthropic efforts. In March 2018, Stream Energy launched their own charity foundation called “Stream Cares.” This is following their long history of involvement in their community and philanthropic efforts. The company has established relationships with Habitat for Humanity and the Red Cross. They are also involved in helping the homeless in the Dallas area. The company regularly tracks the homelessness rate in Dallas. They partnered with Hope Supply Co. a Dallas-based organization to cover entrance fees and meal costs for over 1000 children in Texas at the annual Splash for Hope event which is an event for homeless children at a local water park. Also, in 2016 after a devastating Tornado, Stream worked with the Salvation Army and raised money for those who lost their homes or businesses. They did this by matching their employees’ sales and doubling those numbers to donate to victims. Stream also partnered with Operation Once in a Lifetime to provide emotional and financial support to veterans in the Dallas area. They donated transportation to veterans so that they could attend a special lunch for them. Philanthropy and charity has long been a part of Stream’s culture and their new foundation simply formalizes their efforts.

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