Fundatio

Lat. A founding or foundation. Particularly applied to the creation and endowment of corporations. As applied to eleemosynary corporations such as colleges and hospitals, it is said that "fundatio incipiens" is the-incorporation or grant of corporate powers, while "fundatio perficiens" is the endowment or grant or gift of funds or revenues.

Dartmouth College v. Woodward, 4 Wheat. 667, 4 I Ed. 629.