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What is a foundation? A: A foundation is a non-governmental entity that is established as a nonprofit corporation or a charitable trust, with a principal purpose of making grants to unrelated organizations, institutions, or individuals for scientific, educational, cultural, religious, or other charitable purposes.
Tweet. : a usually stone or concrete structure that supports a building from underneath. : something (such as an idea, a principle, or a fact) that provides support for something. : an organization that is created and supported with money that people give in order to do something that helps society.