The Kamprad family Foundation
Familjen Kamprads Stiftelse is a foundation created by Ingvar Kamprad and his family. The aim of the foundation is to support, stimulate and reward education and scientific research in a way that supports entrepreneurship, the environment, competence, health and social progress. According to its founding statutes, the foundation, based in Växjö in the Småland region of Sweden, should “primarily support, stimulate and reward research and education that is conducted in or serves the interests of Småland, and which is conducted within the framework of Linnæus University. Secondly, support for regional research and education projects may be possible. Funds may ultimately also be allocated nationally and globally.”
Ingvar Kamprad worked preparing the initiative for a number of years. The foundation is well rooted in Småland, with a global outlook. It has a specific focus on implementation of results from research in a manner that can rapidly and cost-effectively benefit the many people.
In 2011, Inter IKEA Group made an initial donation of EUR 100 million to the Kamprad Family Foundation. In addition, Inter IKEA Group has signed a deed of gift for the period 2012–2016, stating that Inter IKEA Group will donate EUR 29 million annually, provided that company results permit. The donation from Inter IKEA Group is a long-term commitment that aligns with the long-term business interests of the group.
As an international group of companies with its heritage and most valuable asset (the IKEA Concept) rooted in Småland, it makes sense to support a foundation with Smålandish roots. It also makes sense for the Inter IKEA Group to engage in a foundation founded by the creator of the IKEA Concept, Ingvar Kamprad, and his family.
We strongly believe the Kamprad Family Foundation for Entrepreneurship, Research & Charity has the potential to make a long-term difference in the lives of the many people. The purpose of the foundation is in that way aligned with the overall IKEA vision “to create a better everyday life for the many people”.