Interogo Foundation
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Interogo Foundation is a foundation registered in
Liechtenstein Liechtenstein (, ; ; ), officially the Principality of Liechtenstein ( ), is a Landlocked country#Doubly landlocked, doubly landlocked Swiss Standard German, German-speaking microstate in the Central European Alps, between Austria in the east ...
as an ' (, literally in English: 'enterprise foundation'). Its office is located in
Vaduz Vaduz (; or ; High Alemannic pronunciation: [])Hans Stricker, Toni Banzer, Herbert Hilbe: ''Liechtensteiner Namenbuch. Die Orts- und Flurnamen des Fürstentums Liechtenstein.'' Band 2: ''Die Namen der Gemeinden Triesenberg, Vaduz, Schaan.'' ...
, Liechtenstein. Until 2023, it owned Inter IKEA Holding B.V., registered in
the Netherlands , Terminology of the Low Countries, informally Holland, is a country in Northwestern Europe, with Caribbean Netherlands, overseas territories in the Caribbean. It is the largest of the four constituent countries of the Kingdom of the Nether ...
, which through its subsidiary ''Inter IKEA Systems'' controlled the
intellectual property Intellectual property (IP) is a category of property that includes intangible creations of the human intellect. There are many types of intellectual property, and some countries recognize more than others. The best-known types are patents, co ...
of the
IKEA IKEA ( , ) is a Multinational corporation, multinational conglomerate (company), conglomerate founded in Sweden that designs and sells , household goods, and various related services. IKEA is owned and operated by a series of not-for-profit an ...
brand. In 2011, it was reported that the foundation controlled assets valued at US$15 billion. In 2023 it demerged, splitting off the Inter IKEA Foundation as a separate foundation that owns Inter IKEA Holding B.V.


History

Interogo Foundation was founded on 29 March 1989 in Vaduz, Liechtenstein. Its aim is to secure the longevity and independence of the IKEA concept and the continued existence of Inter IKEA Holding, as well as to influence the leadership of the company. The IKEA founder
Ingvar Kamprad Feodor Ingvar Kamprad (; 30 March 1926 – 27 January 2018) was a Swedish billionaire who founded IKEA in 1943 and grew into a multinational retail company that became the world's largest furniture seller in 2008. He moved to Switzerland w ...
and his family used to control Interogo Foundation until 2013. On 1 September 2023, the Inter IKEA Foundation was demerged from the Interogo Foundation.


Appo Trust

Until the end of 2010, the entity Appo Trust, based in
Ontario Ontario is the southernmost Provinces and territories of Canada, province of Canada. Located in Central Canada, Ontario is the Population of Canada by province and territory, country's most populous province. As of the 2021 Canadian census, it ...
,
Canada Canada is a country in North America. Its Provinces and territories of Canada, ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, making it the world's List of coun ...
, was in charge of appointing and replacing board members of Interogo Foundation. Appo Trust was controlled by the Kamprad family.


Governance

The foundation board has at least two members, who at the time of the founding of Interogo Foundation were the lawyers Herbert Oberhuber and Johannes Burger. The foundation may be changed into a company or a trust if circumstances have changed so that this is in the foundation's interests. Meetings of the board are announced by the president of the foundation. Board members are appointed by the advisory council of Interogo Foundation. In 2013, Ingvar Kamprad resigned from that council and renounced his right to appoint its members. As of 2020, the rules for appointing members of the advisory council state that Kamprad family members may not hold a majority of the seats.


References

{{IKEA ownership Foundations based in Liechtenstein Organizations established in 2023 IKEA