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The INGKA Foundation is officially dedicated to promoting " innovations in architecture and interior design.

" With an estimated net worth of $ 36 billion, the foundation is unofficially the world's largest charitable organisation, beating out the much better known Bill and Melinda Gates Foundation, which has a net worth of approximately $ 33 billion.

However, most of the Group's profit is spent on investments, the foundation expects to spend € 45 million on charitable giving in 2010 ( compare the Gates Foundation, which made gifts of more than $ 1. 5 billion in 2005.