IMAS Foundation is a sister foundation to the INGKA Foundation—the owner of INGKA Group, who owns and operates the majority of IKEA stores globally.

The foundation was set up in 1998 by Ingvar Kamprad, the founder of IKEA, and specialises in creating long-term returns on financial assets.

The funds of IMAS Foundation all originate from INGKA Foundation who in turn received the funds as dividends from INGKA Group.

IMAS Foundation has a charitable purpose to create a better everyday life for the many people in need. This charitable purpose is achieved by managing its assets and by financially supporting INGKA Foundation.