The Logical Foundation was envisioned on July 1st, 2021, during a conversation about the most important things our society needs doing in order to have a prosperous future. After much debate, it became clear that a Universal Basic Income, a stable foundation for everybody in society, is one of the most important pieces of the puzzle. With the understanding that guaranteed income is also the most cost-effective way to reduce poverty, we came up with a first-principles-based plan to build as much guaranteed income as possible through nonprofit work.