Rivian reveals first $10M in grants for long-promised Rivian Foundation

Rivian has revealed the first $10 million worth of grants from the Rivian Foundation, a philanthropy established three years ago in conjunction with the company’s blockbuster IPO to dedicate 1% of its equity to those making the “natural world” a “stakeholder in our success.” The company launched a website for the foundation on Monday that […] © 2024 TechCrunch. All rights reserved. For personal use only.

Sep 24, 2024 - 00:00

Rivian reveals first $10M in grants for long-promised Rivian Foundation

Rivian has revealed the first $10 million worth of grants from the Rivian Foundation, a philanthropy established three years ago in conjunction with the company’s blockbuster IPO to dedicate 1% of its equity to those making the “natural world” a “stakeholder in our success.” The company launched a website for the foundation on Monday that […]