refounds
/ˌriːˈfaʊndz/
verb
- Third person singular present of refound: establishes something again, especially an institution, organization, or system, often with new principles or a new basis.
- The organization refounds its mission statement every five years.
- The government refounds the national bank every few decades to adapt to new economic conditions.
- She refounds the community garden each spring with new volunteers.