Foundation
Black's Law Dictionary · Henry Campbell Black, M.A. · 1910
Black's Law Dictionary
The founding or building of a college or hospital. The incorporation or endowment of a college or hospital is the foundation; and he who endows it with land or other property is the founder.
Dartmouth College v. Woodward, 4 Wheat.-667, 4 In Ed. 629; Seagrave's Appeal, 125 Pn. 362, 17 Atl. 412; Union Baptist Ass'n v. Hunn, 7 Tex. Civ. App. 249, 26 S. W. 755.