The Stichting INGKA Foundation is a Dutch Foundation founded in 1982 by Ingvar Kamprad, the Swedish billionaire, who is the founder of IKEA. INGKA is one of the largest charitable foundations in the world and the second-largest nonprofit organization in the world.
Little was known about the Foundation’s charitable activities until The Economist magazine criticised the Foundation for being the worlds most wealthy charity whilst simultaneously being one of its least generous. The increased attention brought by the article catalysed change at the Foundation to make more donations as well as changing its stated purpose from “innovation in the field of architectural and interior design” to “helping children and families in the developing world help themselves to a better everyday life by funding programmes that support fundamental needs for children and women.
The Foundation donated €82m in 2012 and €65m in 2011. Unfortunately the Foundation does not have a grant application procedure as it prefers to work with partners with programmes managed by established and well-regarded NGO’s and IGO’s in order to secure top experts, develop innovative approaches, influence and navigate government policy, and achieve the critical mass it takes to make an impact. The largest recipients of funding from the INGKA Foundation were UN agencies such as UNICEF, UNHCR and UNDP as well as Save the Children.
To know more about this Foundation, visit this link.
