2024-11-15T06:14:02-08:00 2023-12-31 810778279 Chopelas Tax and Small Business Services 3906 Crimson Wing Drive Indian Trail NC 28079 990 2023-01-01 851991763 STREAM FOUNDATION STRE 9728500081 3131 Turtle Creek Blvd Suite 920 Dallas TX 75219 Matt McKamy Director 2024-11-15 true true Branden Chopelas CPA P00957268 7042689748 X 2023 2024-10-15 13:58:12Z Matt McKamy 240979 false X www.streamdallas.org X 2020 TX STREAM Foundation was formed to educate, train, mentor, and provide scholarship and internship opportunities to students from underrepresented groups in the area of asset management with the ultimate goal of increasing industry representations. In order to accomplish its goal, STREAM Foundation will utilize a two pronged approach. First, STREAM Foundation provides education, training and networking opportunities for students from underrepresented minority groups. STREAM Foundation will also assist students in obtaining internships or other work experience with asset management firms in order to allow students to learn more about the industry, gain valuable experience and deepen and expand their professional networks. Second, STREAM Foundation will aim to create change in the asset management industry's recruiting, hiring and retention practices with respect to underrepresented minority candidates and employees. Finally, STREAM Foundation provides college students with scholarships. 8 8 0 100 0 196853 188255 0 1353 4850 22046 36793 220252 229898 122457 160713 0 73094 0 0 7749 30873 130206 264680 90046 -34782 165005 117051 987 540 164018 116511 STREAM Foundation was formed to educate, train, mentor, and provide scholarship and internship opportunities to students from underrepresented groups in the area of asset management with the ultimate goal of increasing industry representations. In order to accomplish its goal, STREAM Foundation will utilize a two pronged approach. First, STREAM Foundation provides education, training and networking opportunities for students from underrepresented minority groups. STREAM Foundation will also assist students in obtaining internships or other work experience with asset management firms in order to allow students to learn more about the industry, gain valuable experience and deepen and expand their professional networks. Second, STREAM Foundation will aim to create change in the asset management industry's recruiting, hiring and retention practices with respect to underrepresented minority candidates and employees. Finally, STREAM Foundation provides college students with scholarships. false false 150213 In 2023 we provided 35 internships to students from underserved communities. These internships were completed by college students from around the country with several leading asset management firms in Austin, Cincinnati, Dallas, Houston, Fort Worth, and New York. Each of our interns was provided at a minimum $10,000 in total compensation via salary from the asset managers and/or scholarship assistance provided by our organization. During 2023, our organization granted $150,213.15 to our 35 interns. We have 41 internships in 2024 and are expanding into even more US cities. During the internships, we host educational events with senior members of the investment community to 1 expand the students' network, 2 provide insights into asset management roles across all segments of the industry and/or 3 discuss experiences senior members working in asset management that are part of these underserved communities have faced and the challenges they have had to navigate. Another service that will be providing under the program is each student will be assigned a mentor from a different asset management firm to further expand his/her network and provide helpful insights and guidance. Our intern alumni have gone on to complete subsequent internships or enter the workforce full-time at reputable organizations such as Aksia, Bank of America, Canyon Partners, Citigroup, Crestline, Goldman Sachs, JP Morgan and Teacher Retirement System of Texas, to name a few. We have assisted in placing them in these roles and will continue to be supportive as each enters the workforce. We have brought awareness to the industry through educational presentations at several colleges, universities, and student organizations since our founding. These presentations were to move forward our cause of educating students from underserved communities about asset management and what our organization was doing to increase the number of roles for people from these communities. 10500 We have begun bringing awareness and educational content to younger students High school through what will become an annual stock challenge. In 2022, we supported students in collaboration with other non-profits including: BigBrother/BigSister Dallas, DISD, Young Women's Preparatory Network, UME Preparatory Academy, and Uplift Education. We have presented to high school students about the industry and hope to create a pipeline of talent that will eventually be attending college and can apply for the aforementioned internship opportunities. We are very excited about the things we are working on and the future growth that we're expecting 160713 true true false false false false false false false false true false false false false false false false false false false false false false true false false false true false false false false false false false false false false false false false false false false false false true 0 0 false 0 false false false false false false false 0 false false false false false false false X 8 8 false false false false false false false true true false false true false false false false false false Matthew McKamy 9728500081 3131 Turtle Creek Blvd Suite 920 Dallas TX 75219 X Ellis Thomas President 0.00 0.00 X X 0 0 0 Matthew McKamy Director 0.00 0.00 X 0 0 0 Andrew Rosell Secretary 0.00 0.00 X X 0 0 0 Daryl Chambers Director 0.00 0.00 X 0 0 0 Erika Lehmer Director 0.00 0.00 X 0 0 0 Somer Washington Treasurer 0.00 0.00 X X 0 0 0 Monica Guerrero Director 0.00 0.00 X 0 0 0 Jeremiah Loeffler Director 0.00 0.00 X 0 0 0 0 false false false 0 188255 188255 0 4850 4850 0 0 0 0 47506 11081 36425 0 0 Rewards 368 368 368 229898 368 4850 0 160713 160713 0 0 0 0 59970 59970 0 0 13124 13124 0 0 3995 3995 0 0 945 945 0 0 3768 3768 0 0 0 5379 5379 0 0 135 135 0 535 535 0 Dues and Subscriptions 9537 9537 Software and Apps 6579 6579 0 264680 160713 103967 0 22081 7991 130875 90648 0 10175 17075 0 0 0 0 0 2671 1334 1872 1337 0 0 0 0 2 0 165005 117051 987 540 987 540 X 140463 116511 23555 164018 116511 165005 117051 -34782 -12725 X false false false X 6108 141917 254482 270763 673270 0 0 6108 141917 254482 270763 673270 0 673270 5 1353 4850 6208 0 285 285 679763 X 0.00000 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2671 1334 1337 1337 X false Closing Ceremony 28684 28684 2000 4837 874 3370 STREAM 18822 18822 47506 47506 2000 4837 874 3370 11081 36425 true 0 0 Intern Scholarship for College 35 150213 Cash Basis Intern Scholarship for HS 21 10500 cash Grantmaker's Description of How Grants are Used Scholarships to college students is manged through an application process. Applicants complete a form including several essay questions to narrow down the recipient pool based upon need and merit. Top applicants go through several rounds of interviews before the final scholarship recipients are selected. Form 990, Part VI, Section B, Line 11b No review was or will be conducted. Form 990, Part VI, Section C, Line 19 No documents available to the public.