Please retain the Foundations requirement.  What makes professionals in any field is their understanding of the "why" behind their actions.  Minimizing Foundations will move teacher preparation even further into the direction of becoming a technical field where future teachers think less reflectively about their practice.  Foundations courses bring together the theoretical and the practical so that pre-service teachers apply principles from psychology, sociology, philosophy, etc., specifically to the field of education.  Foundations courses also provide students a critical view of educational reform movements throughout history so that they are more informed to advocate for meaningful policies in the future.