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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 proper foundation does more than just hold a house above ground. It also keeps out moisture, insulates against the cold, and resists movement of the earth around it. Oh, and one more thing: It should last forever. No wonder builders like This Old House general contractor Tom Silva take foundations seriously. Without a good one, he says, you're sunk.. For Tom, good means steel-reinforced foundation walls and footings made of poured concrete.