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.
Bacterol Products Company On February 7, 1930 the Bacterol Products Company announced a capital increase, from the initial 12,000 shares of no par stock, to 41,000. At the end of February 1930, the corporation leased property at 11 East 44th Street. This location was their corporate headquarters. Bacterol Products Company Bacterol Products Company was a Manhattan business which was incorporated during the Great Depression, in February 1930. The firm was located at 25 Broadway. Its incorporation was made with 12,000 shares of common stock. The organization was headed by Dr. Kurt Erich Schlossingk (1888 "-" March 13, 1930), a German born physician and