Starting a foundation involves considering if it’s going to be public or private, how long the foundation will be around, administrative time for managing the foundation and setting up bylaws. Build a foundation like a trust fund, family or lump-sum distribution from corporation with tips from a financial planner in free personal-finance video. Expert: Julie Asti, CFP Bio: Julie Asti works as a financial planner for Asti Financial. Filmmaker: Bing Hu