The word 'foundation' describes an institution that is usually established to promote some cause and is providing financial assistance to the people who are vital for the cause. To establish the foundation, you need to decide what cause you are going to promote with your foundation. After that decision you can find some like minded people who can help you and can also provide some donation.
One of the most important factors that you need to take care of is finance for the foundation and the only viable option that we can suggest you is to contact corporate entities. To lure them you should offer that you are naming some part of the cause after them and to make their image, they will certainly offer you some donation. And don't think that they are doing any philanthropy, but image building is the part of their corporate need and they are willing to do it.
So try these methods and let your foundation started.
One of the most important factors that you need to take care of is finance for the foundation and the only viable option that we can suggest you is to contact corporate entities. To lure them you should offer that you are naming some part of the cause after them and to make their image, they will certainly offer you some donation. And don't think that they are doing any philanthropy, but image building is the part of their corporate need and they are willing to do it.
So try these methods and let your foundation started.