Henrik Fisker’s private charitable foundation quietly shut down after three years. The Geeta & Henrik Fisker Foundation, founded in late 2021, wrapped its final tax filing in December 2024 — six months after Fisker Inc. filed for bankruptcy.
The foundation doled out only about $100,000 in grants during its lifetime. It was meant to back causes like healthcare, education, sustainability, and mobility but ended up largely inactive.
The Fiskers initially gifted 229,000 shares of their company stock to the foundation in 2021, worth around $4 million at the time. But Fisker’s stock price plummeted rapidly, dragging the foundation’s assets down to roughly $1.4 million by its last fiscal year. Cash contributions over the years totaled less than $20,000. 
The foundation made just two grants — both to a JP Morgan Charitable Gift Fund: ~$92,000 in 2023, and under $2,000 in its final year.
The Fiskers also donated $1.9 million in stock to an unnamed donor-advised fund (DAF) around the same time. DAFs are controversial because donors get tax deductions immediately but can hold onto the funds indefinitely without public disclosure of where the money goes.
The foundation never hit big philanthropy milestones that larger EV startups like Rivian — which continues to operate its own foundation with millions in grants.
Henrik Fisker did not respond to requests for comment.
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