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.
Hawley Products Company the company invested heavily in research and innovation. During the 1930s, Jesse and his brother Don Hawley personally designed and patented products for the company. Dr. John C. Williams headed the Hawley Products research division in the 1940s and 1950s. Jesse Hawley managed the company until his death in 1946, at which time his brother and fellow executive, Don M. Hawley, became president of Hawley Products. Don Hawley was also an inventor of several of the products and methods of production at the company. By 1946, Hawley Products had expanded its product lines into plastics, sound diaphragms, molded fiber, and