1. I would like to know if you plan this to be something like the ICANN of cryptocurrency gambling?
2. How will this foundation enforce their laws onto gambling sites?
3. Who will govern the foundation?
a. If there would be a governing body, who will vote?
b. If there would be election, who are eligible to vote?
I'll think of more questions and you'll surely hear more from me here on this thread.
But they can publicise a list of sites who agree to fulfil the rules of the foundation and players can use it as a guide.
If the foundation is able to collect money, it could enforce the publicly stated and valid laws against the shady operators. Based on my experience, in most cases the problem is not that victims can not do anything, the problem is that most claimants are not willing to spend anything!