As verbs the difference between settling and founding
is that
settling is while
founding is .
As nouns the difference between settling and founding
is that
settling is the act of one who, or that which, settles; the act of establishing oneself, of colonizing, subsiding, adjusting, etc while
founding is the action of the verb
to found ; the establishment of something.
As an adjective founding is
who or that founds or found.