FOUNDER

The person who endows an eleemosynary corporation or institution, or supplies the funds for
its establishment. See FOUNDATION. Read more: Eleemosy | Black's Law Dictionary
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 incipient is the Incorporation or grant of corporate powers, while fundatio
perflciens Is the endowment or grant or gift of funds or revenues. Dartmouth College v.
Woodward, 4 Wheat. 667, 4 L. Ed. 629. Read more: Eleemosy | Black's Law Dictionary
FOUNDATION
The founding or building of a college or hospital. The incorporation or endowment of a college
or hospital is the foundation ; and with land or other property is the founder. Dartmouth
College v. Woodward, 4 Wheat. GG7,4 L. Ed. G29; Seagraves Appeal, 125 Pa. 3G2, 17 Atl.
412; Union Baptist Assn v. 11unn, 7 Tex. Civ. App. 249, 2G S. W. 755.
Read more: FOUNDATION | Black's Law Dictionary