Capitalization, Italics, etc. in Titles of Works

Q. Should “foundation” be capitalized in the following phrase? “With funding from the Ford and Simon foundations.” I thought it should be capped, since it means “from the Ford Foundation and the Simon Foundation,” but a coworker thinks otherwise.

A. By popular demand, Chicago style once again calls for uppercasing the generic term in such constructions (see, for instance, CMOS 8.52). But in the scenario you describe, it might be best to give both names in full to avoid any possible ambiguity.