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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.
Synonyms and Antonyms of foundation. 1  1 a public organization with a particular purpose or function donated to a foundation that supported cancer research Synonyms establishment, institution, instituteRelated Words body, collective, group; corporation, enterprise; charity, philanthropy; think tank.