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.
Gerber Products Company Gerber Products Company Gerber Products Company is a purveyor of baby food and baby products headquartered in Florham Park, New Jersey, with plans to relocate to Arlington, Virginia. A formerly American-owned company, Gerber is now a subsidiary of Nestlé Group. Its subsidiary, Gerber Life Insurance Company, is headquartered in White Plains, New York. Gerber was founded in 1927 in Fremont, Michigan, by Daniel Frank Gerber, owner of the Fremont Canning Company, which produced canned fruit and vegetables. At the suggestion of a pediatrician, Gerber's wife, Dorothy, began making hand-strained food for their seven-month-old daughter, Sally. Recognising a business opportunity, Gerber