On the death of Alfried Krupp von Bohlen und Halbach in 1967,[3] the entire holdings of the Krupp family were transferred to the foundation. Today, the foundation is the largest shareholder of the ThyssenKrupp industrial conglomerate (20.9% as of 2018) and largely controls the board of the company. The foundation is also tasked with preserving the “unity” of ThyssenKrupp and uses proceeds from ThyssenKrupp's dividend payments to further good causes in science and education.[4]