Stichting INGKA Foundation
The Stichting INGKA Foundation is a Dutch foundation founded in 1982 by Ingvar Kamprad, the Swedish billionaire, who is founder and chairman of IKEA. INGKA is one of the largest charitable foundations in the world. The name "INGKA" comes from a contraction of his name; "Stichting" is the Dutch language word for foundation. The stated purpose is To promote and support innovation in the field of architectural and interior design.
The foundation owns the private Dutch company INGKA Holding based in Leiden, which is the holding company controlling 207 of the 235 outlets of IKEA. It is the second largest nonprofit organization in the world.
INGKA does not own the IKEA franchise and trademark; these are owned by Inter IKEA Systems B.V. in Delft, also in the Netherlands, which receives 3% of all IKEA revenues in royalties. Inter IKEA Systems is owned by Inter IKEA Holding, registered in Luxembourg. This company is controlled, in turn, by Interogo Foundation, a Liechtenstein foundation with a wealth of another $15bn controlled by the Kamprad family. In explanation, Ingvar Kamprad stated to the authors of a Swedish documentary that tax efficiency was "a natural part of the company’s low-cost culture". The foundation also provides an anti-takeover protection scheme for IKEA.
The Dutch Tax Service has declared both the Stichting INGKA Foundation and the associated Stichting IKEA Foundation "Institution for General Benefit" (algemeen nut beogende instelling, ANBI).[original research?]
In 2011, the foundation reportedly gave 65 million euros, however, in that year plans were announced to increase the contributions to about 100 million euros per year, with 40 million euros over three years going to the Dadaab refugee camp in Kenya with the rest split between UN agencies such as UNICEF, UNHCR and UNDP, and Save the Children.
In May 2006, the magazine The Economist estimated that the foundation was worth US$36 billion, making it the world's wealthiest at the time but also stated that it "is at the moment also one of its least generous"; after this article, Ingvar Kamprad went to court in the Netherlands to expand the goals of the foundation and spend money on children in the developing world. Prior to this the foundation's articles of association limited the foundation's purpose to "innovation in the field of architectural and interior design" and had given a relatively small amount of its assets to the Lund Institute of Technology.
See also 
- "Flat-pack accounting". The Economist. 2006-05-11. Retrieved 2007-01-02.
- "Philanthropy: The new powers in giving". The Economist. 2006-06-29. Retrieved 2013-01-02.
- "Furniture shops: The secret of IKEA's success". The Economist. 2006-02-24. Retrieved 2011-03-11.
- IKEA founder pledges £1bn to charity following Nazi past revelations. The Daily Telegraph.
- How IKEA Works - from the IKEA Group corporate site.