Other forms: founded, founding
To found is to set up an institution and provide for its beginning. Found a school.
The money is part of it, which is what separates founding from merely starting. To found something is recorded on the building, and a founder's name outlasts everything else about them.
1verbfoundTo set up an institution and provide for its beginning.
“He founded the college and never saw it open.”
found is an action.
Latin fundare, to lay a base, from fundus, the bottom; the same root gives fundamental and fund.
Proto-Indo-European
*ǵʰewd-
Latin
fundō
Old French
founder
Middle English
founden
English, today
found
From Middle English founden, from Old French founder (Modern French: fonder), from Latin fundō. Compare fund.
Etymology from Wiktionary, CC BY-SA