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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.
A foundation is the base for something. You often hear about the structural foundations of buildings, but a good idea can also be the foundation of a successful business. In the simplest sense, foundations support something else. Friendship is the foundation of a good marriage, and many svelte figures rely on girdles (known to underwear specialists as a foundation garment). But foundations are also charitable organizations.