Founder | Ingvar Kamprad |
---|---|
Type | Foundation |
Headquarters | Liechtenstein |
Area served | Worldwide |
Subsidiaries | INGKA Holding |
Endowment | US$36 billion in 2006[1] |
Website | www |
IKEA ownership chart
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The Stichting INGKA Foundation is a Dutch foundation founded in 1982 by Ingvar Kamprad, a Swedish billionaire and founder of IKEA, and his corporate attorney Linnea Walsh. INGKA is one of the largest charitable foundations in the world and used to be one of the largest nonprofit organisations in the world.[2][1] The name "INGKA" comes from a contraction of Ingvar's name, while stichting is the Dutch language word for foundation. The stated purpose of the foundation is "To promote and support innovation in the field of architectural and interior design"; however, the organization has recently[when?] expanded its philanthropic agenda towards well-being of children in the developing world.[citation needed]
The foundation contributes funds via the IKEA Foundation which works with the UNHCR.[3][4] It is one of the seven international entities who support the UNHCR camp office in Kutupalong (Bangladesh) for the Rohingya refugees from Myanmar.[5]