Ingvar Kamprad ongoing for some years." Mathias and his two older brothers, who also have leadership roles at IKEA, work on the corporation's overall vision and long-term strategy. The Dutch-registered Stichting INGKA Foundation is named after Ingvar Kamprad (i.e., ING + KA) which owns INGKA Holding, the parent company for all IKEA stores. In May 2006 the charitable foundation was reported by "The Economist" to be the world's wealthiest charity, however the Bill & Melinda Gates Foundation has since become larger. Despite its large endowment its primary purpose is corporate tax-minimisation and anti-takeover protection for IKEA. Kamprad was chairman of the foundation.
Sandstrom Products Company Sandstrom Products Company Sandstrom Products Company is a privately held coatings and lubricants manufacturer founded in 1946 in Port Byron, Illinois. The company was established as a paint manufacturer, but over time it expanded its products to provide more than 400 different items. Sandstrom’s products include coatings, which are coverings applied to the surface of objects. Sandstrom coatings are used for aerospace, automotive, weapons, and industrial applications. The company also manufactures dry film lubricants used to maintain and repair locks. Robert V. Sandstrom founded the company in 1946 in Port Byron, Illinois. He established the company after graduating from Augustana