Foundation History


When Fred Ode, founder and CEO of Foundation Software, started his company in 1985, he had a single hope: to build a company that would be a dominant force in the construction accounting software industry. A high school math teacher turned computer programmer and entrepreneur, Fred didn’t always have such an intense focus. Throughout his twenties, he fluctuated between teaching and traveling extensively across the United States and Europe, sometimes with little more than a backpack and pocket change. It wasn’t until he enrolled in an MBA course at Cleveland State University that he discovered his true passion – programming.

After working for several years as the lead programmer analyst for a large contractor, Fred designed and wrote the original version of his construction accounting software, the Wang mini-computer-based Foundation Accounting System. This version quickly transformed into a DOS-based system.

Foundation Software's early years were lean. With just two employees, Fred wore the hat of programmer, salesman, marketer, and support representative. By 1991, the company began to experience rapid growth in terms of both employees and sales. After four and a half years of programming, development, and careful testing, Foundation Software launched its third product, FOUNDATION for Windows construction accounting software, in 2000.

Throughout its history, Foundation Software has retained a unique style of business that promotes creativity from employees, as well as steady business growth. Our service, support, and product continue to reflect this commitment to quality today.



  • Free Demo

    See how FOUNDATION works in this short video. Watch it now.

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  • Meet our CEO

    Fred started Foundation Software in 1985. Before settling down to start the business in Ohio, Fred backpacked across the United States, Canada, and Europe! Today he proudly oversees his growing construction accounting software company.

© Copyright 2014 Foundation Software, Inc. FOUNDATION® is a registered trademark of Foundation Software, Inc.
Windows® is a registered trademark of Microsoft Corporation in the United States and other countries.