›[C]an organization that has been started in order to provide money for a particular group of people or for a particular type of research: He gave £1m to set up a charitable foundation to help vulnerable young people.
›[U]the act of starting a new business, organization, etc.: He helped lead the company out of its worst crisis since its foundation over a hundred years ago.
foundations[plural]›PROPERTYthe structures below the surface of the ground which support a building: The foundations will have to be reinforced to prevent the house from sinking further into the ground.›the basic ideas or structures from which something important develops: the foundations of sthOne of the foundations of democracy is a fair trial.lay/establish/build the foundations for sthThe company says it is 'laying the foundations for future success'. firm/solid/strong foundationsFrom firm foundations we will continue to grow the business.