But Mr. Le Blay said the auction could speed efforts toward the creation of a foundation.

The creation of a foundation to contain the Gospel of Judas was proposed earlier on by the various people who owned it between 2000-2005.

Another project nearing realization is the creation of a foundation like that of the conservative Heritage research group.

He called for another international conference on the issue like one held in 1998 and for creation of a new foundation to continue the commission's work.

Last week the DiMaitis announced the creation of a foundation in her memory to grant scholarships to college-bound students from Mission Hill.

BCP was formalized legally in 2007 through the creation of a not-for-profit foundation.

Stronach further cited her wish to spend more time with her growing children, and the creation of a personal foundation to end poverty and disease in Africa.

At the creation of a foundation, the creator loses the right to dispose the assets that are transferred to the foundation.

No government authority is involved in the creation or authorization of a foundation, it acquires full legal capacity through its sole creation.

Finally, the very small amount involved in the proposed research fund would not justify the creation of a foundation.