Henrik Fisker Ends Foundation After EV Startup Collapse
Henrik Fisker quietly shuts down his foundation after Fisker Inc.’s bankruptcy, highlighting the challenges of EV startups and philanthropy.
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Henrik Fisker Ends Foundation After EV Startup Collapse Henrik Fisker Foundation And Its Short Journey Henrik Fisker, the well-known automotive designer and founder of Fisker Inc., quietly ended the charitable foundation he co-ran with his wife, Geeta, following the bankruptcy of his electric vehicle startup. The Henrik Fisker Foundation, established in 2021, was launched with the vision of driving innovation in healthcare, sustainability, education, and mobility. However, by late 2024, official tax filings revealed its closure, marking a brief chapter in Fisker’s philanthropic efforts. Despite its short existence, the foundation reflected the wave of optimism that surrounded EV startups during the early 2020s. Image Credits:FREDERIC J. BROWN/AFP / Getty Images Why Henrik Fisker Foundation Was Created The foundation was initially funded with Fisker Inc. stock worth around $4 million at the time of its transfer. Its goal was to support projects that could positively impact people, animals, and the environment. Through this charitable endeavor, …