The IKEA Foundation is a strategic philanthropy that focuses its grant making efforts on tackling poverty and climate change. They see these as the two biggest threats to the future of children living in some of the most vulnerable parts of the world.

Together with more than 140 partners, they work to improve family incomes and protect the planet. Recognising the inequalities that underpin poverty on the one hand and climate change on the other hand, they aim to transform systems and build evidence of what works. Founded by Ingvar Kamprad in 1982, the IKEA Foundation initially focused on design and architecture. In 2009, they expanded their mandate that resulted in their current mission to enable families to create a better future for themselves and their children, and fight and cope with climate change.

Since then, they have paid out more than €2 billion to their partners and now grant approximately €200 million each year. In 2021 their board of directors decided to make an additional €1 billion available over the next five years to accelerate the reduction of greenhouse gas emissions.

The IKEA Foundation works in some of the most vulnerable parts of the world where the needs are the greatest. They work with partners across Africa and Asia, in communities affected by climate change and poverty. They also support global climate action programmes, focusing on high-emitting countries and regions including the EU, India, Brazil and Indonesia, where they believe they can have the biggest impact.