Archinect - News2024-05-01T04:52:41-04:00https://archinect.com/news/article/109025204/why-is-ikea-a-non-profit
Why is Ikea a Non-profit? Archinect2014-09-15T14:30:00-04:00>2018-01-30T06:16:04-05:00
<img src="https://archinect.gumlet.io/uploads/y2/y2dmovye6exyojbd.jpg?fit=crop&auto=compress%2Cformat&enlarge=true&w=1200" border="0" /><em><p>IKEA has a little known secret: the company is a non-profit. Ingvar Kamprad the founder of IKEA created the philanthropic Stichting Ingka Foundation whose mission is to “further the advancement of interior design.” IKEA’s bizarre business model looks like this: the nonprofit Stichting Ingka owns a private Dutch Company, Ingka Holdings that owns the majority of individual stores at the franchise level.</p></em><br /><br /><!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN" "http://www.w3.org/TR/REC-html40/loose.dtd">
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