This is the 12142nd most frequent Russian word.
именем
"Именем" means "in the name of" in English.
Here, 'именем' denotes recognition or dedication, suggesting the foundation is named to honor the scientist.
Мы открыли фонд именем известного ученого.
We established a fund in the name of a famous scientist.
In this context, 'именем' refers to acting in representation or authority of another person.
Он попросил выступить от его имени.
He asked me to speak on his behalf.
Here, 'именем' implies acting under the principle or cause specified, reflecting a symbolic or abstract dedication.