The Ikano Group has donated EUR 100 million to the Kamprad Family Foundation for Entrepreneurship, Research and Charity, established in 2011 on the initiative of the Kamprad family.
The foundation was founded by Ingvar Kamprad in December 2011 and is a private and independent foundation based in Växjö, Sweden. Its purpose is to support, stimulate and reward education and scientific research to promote entrepreneurship, the environment, competence, health and social progress.

Peter, Jonas and Mathias Kamprad, the owners of Ikano Group, have expressed a desire that the donation should, for the main part, be allocated to environmental projects, with a special focus on opportunities to practically implement research results.

“My brothers and I are grateful for being able to contribute to this initiative,” says Peter Kamprad, Chairman of the Ikano Board. Peter continues, “We hope that in time, our donation will transform into solid solutions that benefit the global environment.”

“The Ikano Group is proud to support the Kamprad Family Foundation and looks forward to following the developments over the years,” comments Birger Lund, Ikano Group.

The Foundation will offer special support to projects intended to:

• Improve quality of life for the elderly

• Entrepreneurship—especially promoting a living countryside

• A better environment

• Development, research and training...