Target sound extraction (TSE) consists of isolating a desired sound from a mixture of arbitrary sounds using clues to identify it. A TSE system requires solving two problems at once, identifying the target source and extracting the target signal from the mixture. For increased practicability, the same system should work with various types of sound. The duality of the problem and the wide variety of sounds make it challenging to train a powerful TSE system from scratch. In this paper, to tackle this problem, we explore using a pre-trained audio foundation model that can provide rich feature representations of sounds within a TSE system. We chose the masked-modeling duo (M2D) foundation model, which appears especially suited for the TSE task, as it is trained using a dual objective consisting of sound-label predictions and improved masked prediction. These objectives are related to sound identification and the signal extraction problems of TSE. We propose a new TSE system that integrates the feature representation from M2D into SoundBeam, which is a strong TSE system that can exploit both target sound class labels and pre-recorded enrollments (or audio queries) as clues. We show experimentally that using M2D can increase extraction performance, especially when employing enrollment clues.