This white paper provides an overview of Foundation IP requirements that must be considered to design and manufacture integrated circuits (ICs) for the automotive sector. The paper looks specifically at the standards that apply to logic libraries, embedded memories, and memory built-in self-test (BIST) for different automotive IC functions and how reliability grades affect IP selection and implementation risk. The paper then examines each of the relevant standards and tests for functional safety, reliability and quality: ISO 26262, ISO/TS 16949:2009 and AEC-Q100.