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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.
Freebase(0.00 / 0 votes)Rate this definition: The Foundation. The Foundation is the seventh studio album by Geto Boys, released in 2005. It is their second group reunification album since The Resurrection in 1996. Its only credited guest appearance comes from Z-Ro and it has production by Tone Capone, Mike Dean, Scarface, Mr. Mixx and Cory Mo.