"Do the paperwork for creation" has only a passing resemblance to "found and fund."
"fund" just means putting some money into a bank account for it. you could fund a company with a dollar (and many people do, for symbolic reasons).
Connotations matter.
believe me when i tell you a huge, huge number of wantrapreneurs never even get around to organizing an LLC and opening a bank account.
want to know why? it takes at least 10 hours of work and when faced with doing 10 hours of actual fucking work, most people won't.