CREATE TABLE table_16916 ("Institution" CLOB, "Nickname" CLOB, "Status" CLOB, "Founded" FLOAT, "Color" CLOB, "Location" CLOB)

What was the founding of navy blue?
SELECT "Founded" FROM table_16916 WHERE "Color" = 'Navy Blue'
SELECT "Founded" FROM "table_16916" WHERE "Color" = 'Navy Blue'