Ikea foundation

  1. Our history, values and strategic philanthropy
  2. IKEA Foundation
  3. IKEA Foundation Week: All for a good cause
  4. Elizabeth McKeon
  5. IKEA Foundation commits $10.7 million to MSF for earthquake relief
  6. IKEA Foundation
  7. Our history, values and strategic philanthropy
  8. Elizabeth McKeon
  9. IKEA Foundation Week: All for a good cause
  10. IKEA Foundation


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Our history, values and strategic philanthropy

What started as a tiny mail order company in rural Sweden has now become a global home furnishing brand that brings affordability, design and comfort to people all over the world. We may have come a long way since our humble beginnings, but our vision remains the same: to create a better everyday life for the many people. Here you can explore the IKEA story and learn more about our heritage and the events that shaped us.

IKEA Foundation

Ingka Group has three business areas: IKEA Retail, Ingka Investments and Ingka Centres. Ingka Group is a strategic partner in the IKEA franchise system, operating 374 IKEA stores in 30 countries. These IKEA stores had 839 million visits during FY19 and 2.6 billion visits to www.IKEA.com. Ingka Group operates businesses under the IKEA vision – to create a better everyday life for people by offering a wide range of well-designed, functional home furnishing products at prices so low that as many people as possible can afford them.

IKEA Foundation Week: All for a good cause

Each year the IKEA Foundation provides valuable funding to causes dedicated to improving lives and the environment for the many people around the world. In celebration of IKEA Foundation Week from 24-28 October, meet some of the children of families who, through the initiatives the Foundation supports, are changing the story of our planet. Founded in 1982 by Ingvar Kamprad, the IKEA Foundation is a strategic philanthropic organisation, with a focus on two of the biggest threats to our children's futures: poverty and climate change. Each year the Foundation grants more than €200 million to help improve the lives of the many families, communities and the world we live in. Arthur is really passionate about stopping climate change. So is his mum. She works for an organisation called We Mean Business, a global nonprofit coalition that works with some of the world’s most influential businesses to take climate action. Created in 2014, through funding primarily from the IKEA Foundation, the We Mean Business coalition mobilises major companies to cut their emissions. It also brings together business leaders to advocate for governments to adopt bold climate policies. The goal: to halve emissions by 2030 and accelerate the transition to a global net-zero emissions economy by 2050. The coalition has even managed to bring competitive organisations together to work in cooperation. The more voices, the greater the impact, proving that there is indeed, strength in unity. Fabiola was once ...

Elizabeth McKeon

Liz McKeon is the Head of Strategy of the IKEA Foundation, the philanthropic arm of INGKA Foundation, the owner of the IKEA Group of companies. In this capacity, she helps guide the strategic development and impact across all grant making areas to ensure that the Foundation delivers on the goals it has set for itself. She also drives the Foundation's ambitious climate change strategy, serves as the programme liaison to IKEA in connection to our Good Cause Campaign collaborations, and heads a portfolio aimed at helping families living in poverty to access affordable and clean home energy, cooking, water and sanitation systems. For over 25 years, Liz has worked in global development, ever more convinced that durable solutions are those that address structural injustice. Her views began taking root on a teaching assignment in apartheid-era South Africa and have continued through her career at organisations including the Ford Foundation, the US Agency for International Development (USAID), the John D. and Catherine T. MacArthur Foundation and the International Research and Exchanges Board (IREX). Liz holds an M.P.P. from Harvard's Kennedy School of Government and a B.S. in languages from Georgetown University. She is a member of the Council on Foreign Relations.

IKEA Foundation commits $10.7 million to MSF for earthquake relief

In response to the February 6 earthquake in Turkey and Syria, the The funding will support the NGO’s efforts to provide emergency medical supplies and bolster medical staff at 23 health facilities as well as to distribute “essential life kits” to displaced people across the Idlib and Aleppo regions in northern Syria. In an effort to accelerate the humanitarian response, the According to the United Arab Emirates (UAE) has announced a The Kuwait Times reports. The India has deployed 100 search-and-rescue personnel from its In addition to humanitarian aid groups’ fundraising campaigns, numerous individual crowdfunding efforts have been launched on (Photo credit: Wikimedia/Government of India) " KEA Foundation press release 02/08/2023. " United Nations press release 02/07/2023. " Associated Press 02/07/2023. " California Community Foundation 02/07/2023. " BBC News 02/07/2023. " KSTP-TV 02/08/2023. " WAM 02/07/2023. Ghadeer Ghloum. " Kuwait Times 02/07/2023. " Jordan Times 02/08/2023. " Indian government press release 02/06/2023. Jason Nelson. " Decrypt 02/07/2023.

IKEA Foundation

IKEA Foundation is a European philanthropic trust associated with the Swedish furniture company IKEA. Founded in 1982 by Swedish businessman Ingvar Kamprad, the foundation is a subsidiary of the Dutch INGKA Foundation, which controls the majority of IKEA stores through a holding company. 1 IKEA Foundation supports environmentalist, pro-immigration, and anti-poverty causes around the world. 2 The Foundation partners with left-of-center nongovernmental organizations such as 3 4 The foundation was accused of using funds for corporate rather than charitable motives in 2006, bringing increased scrutiny to Kamprad’s assortment of foundations and holding companies through which he maintained control of IKEA and allegedly shielded profits from taxes. 5 This triggered a restructuring in 2009, with increased focus on social causes. 6 Founding and History After founding IKEA furniture in 1943, Swedish businessman Ingvar Kamprad established IKEA Foundation in 1982 as a charitable project of the company. The foundation is funded by the Stitching INGKA Foundation, founded by Kamprad the same year and based in the Netherlands, which also owns the majority of IKEA stores. 7 The foundation was initially dedicated to design innovation. In 2006, however, The Economist highlighted the fact that INGKA Foundation was the world’s wealthiest charitable foundation, valued at $36 billion, but did proportionately little charitable work. As Dutch law did not require either INGKA Foundation or IKEA Fo...

Our history, values and strategic philanthropy

What started as a tiny mail order company in rural Sweden has now become a global home furnishing brand that brings affordability, design and comfort to people all over the world. We may have come a long way since our humble beginnings, but our vision remains the same: to create a better everyday life for the many people. Here you can explore the IKEA story and learn more about our heritage and the events that shaped us.

Elizabeth McKeon

Liz McKeon is the Head of Strategy of the IKEA Foundation, the philanthropic arm of INGKA Foundation, the owner of the IKEA Group of companies. In this capacity, she helps guide the strategic development and impact across all grant making areas to ensure that the Foundation delivers on the goals it has set for itself. She also drives the Foundation's ambitious climate change strategy, serves as the programme liaison to IKEA in connection to our Good Cause Campaign collaborations, and heads a portfolio aimed at helping families living in poverty to access affordable and clean home energy, cooking, water and sanitation systems. For over 25 years, Liz has worked in global development, ever more convinced that durable solutions are those that address structural injustice. Her views began taking root on a teaching assignment in apartheid-era South Africa and have continued through her career at organisations including the Ford Foundation, the US Agency for International Development (USAID), the John D. and Catherine T. MacArthur Foundation and the International Research and Exchanges Board (IREX). Liz holds an M.P.P. from Harvard's Kennedy School of Government and a B.S. in languages from Georgetown University. She is a member of the Council on Foreign Relations.

IKEA Foundation Week: All for a good cause

Each year the IKEA Foundation provides valuable funding to causes dedicated to improving lives and the environment for the many people around the world. In celebration of IKEA Foundation Week from 24-28 October, meet some of the children of families who, through the initiatives the Foundation supports, are changing the story of our planet. Founded in 1982 by Ingvar Kamprad, the IKEA Foundation is a strategic philanthropic organisation, with a focus on two of the biggest threats to our children's futures: poverty and climate change. Each year the Foundation grants more than €200 million to help improve the lives of the many families, communities and the world we live in. Arthur is really passionate about stopping climate change. So is his mum. She works for an organisation called We Mean Business, a global nonprofit coalition that works with some of the world’s most influential businesses to take climate action. Created in 2014, through funding primarily from the IKEA Foundation, the We Mean Business coalition mobilises major companies to cut their emissions. It also brings together business leaders to advocate for governments to adopt bold climate policies. The goal: to halve emissions by 2030 and accelerate the transition to a global net-zero emissions economy by 2050. The coalition has even managed to bring competitive organisations together to work in cooperation. The more voices, the greater the impact, proving that there is indeed, strength in unity. Fabiola was once ...

IKEA Foundation

IKEA Foundation is a European philanthropic trust associated with the Swedish furniture company IKEA. Founded in 1982 by Swedish businessman Ingvar Kamprad, the foundation is a subsidiary of the Dutch INGKA Foundation, which controls the majority of IKEA stores through a holding company. 1 IKEA Foundation supports environmentalist, pro-immigration, and anti-poverty causes around the world. 2 The Foundation partners with left-of-center nongovernmental organizations such as 3 4 The foundation was accused of using funds for corporate rather than charitable motives in 2006, bringing increased scrutiny to Kamprad’s assortment of foundations and holding companies through which he maintained control of IKEA and allegedly shielded profits from taxes. 5 This triggered a restructuring in 2009, with increased focus on social causes. 6 Founding and History After founding IKEA furniture in 1943, Swedish businessman Ingvar Kamprad established IKEA Foundation in 1982 as a charitable project of the company. The foundation is funded by the Stitching INGKA Foundation, founded by Kamprad the same year and based in the Netherlands, which also owns the majority of IKEA stores. 7 The foundation was initially dedicated to design innovation. In 2006, however, The Economist highlighted the fact that INGKA Foundation was the world’s wealthiest charitable foundation, valued at $36 billion, but did proportionately little charitable work. As Dutch law did not require either INGKA Foundation or IKEA Fo...