http://nancyfriedman.typepad.com/away_with_words/2007/12/the-ikea-naming.html

Just a casual sunday thread

oh lol, here's something I read about a foundation that the company that owns IKEA started

The INGKA Foundation is officially dedicated to promoting “innovations in architecture and interior design”.[11] With an estimated net worth of $36 billion, the foundation is unofficially the world’s largest charitable organization, beating out the much better known Bill and Melinda Gates Foundation, which has a net worth of approximately $33 billion

Isn't the idea of a charity to have a *small* net worth, ie, you've given so much in assets or funds away (or used it for project funding purposes), rather than hoarding?

How quickly could you give away $30billion Raven?

give it to me i'll come up with some kickass furniture

Bah I tried to look into it and it might not actually be a charity, just a tax dodge scheme
http://www.economist.com/business/displaystory.cfm?story_id=6919139

Same with the bill and melinda gates foundation, the ultra-rich use it to dodge inheritence tax all the while supporting a death tax on normal people.

didnt read the link. ikea names are all swedish words or towns.

part right mooby read the link