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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.
Rating Newest Oldest. Best Answer: Secure, Contain, and Protect. he Foundation is an extra-governmental initiative the sole purpose of which is to keep secure, contained, and protected thoseâ¦ thingsâ¦ that might prove to be hostile to established reality or irreconcilable therewith. There are things the public is not meant to know.