IKEA is a home furnishings company founded in Älmhult, Sweden, in 1943 by Ingvar Kamprad, who began by peddling useful items to neighbours on his bicycle. Since its inception, the IKEA company vision has been to create a better everyday life for the many people by offering a wide range of well-designed, functional home furnishings at prices so low that as many people as possible can afford them.
IKEA believes that home is the most important place in the world and children its most important people.
The IKEA Foundation (Stichting IKEA Foundation) is a charitable foundation that oversees IKEA’s global philanthropy to improve the lives of children living in extreme poverty.
Fighting child labour and promoting education
Founded in 1982, the IKEA Foundation initially focussed only on architecture and interior design. Over the years, IKEA became active in addressing the root causes of child labour as well as endeavours with major partners to promote children’s rights and education.
In 2009, the IKEA Foundation was able to expand its charter to include a broader mission of improving children’s opportunities, so they can ultimately take control of their own futures. Today, all global IKEA social and philanthropic efforts are managed by the IKEA Foundation.
IKEA’s profits give us resources. Thanks to IKEA’s dedicated co-workers and customers, 100 million children will benefit from our currently funded programmes by 2015.