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Graph Foundation Models (GFMs) have demonstrated remarkable potential across graph learning tasks but face significant challenges in knowledge updating and reasoning faithfulness. To address these issues, we introduce the Retrieval-Augmented Generation (RAG) paradigm for GFMs, which leverages graph knowledge retrieval. We propose RAG4GFM, an end-to-end framework that seamlessly integrates multi-level graph indexing, task-aware retrieval, and graph fusion enhancement. RAG4GFM implements a hierarchical graph indexing architecture, enabling multi-granular graph indexing while achieving efficient logarithmic-time retrieval. The task-aware retriever implements adaptive retrieval strategies for node, edge, and graph-level tasks to surface structurally and semantically relevant evidence. The graph fusion enhancement module fuses retrieved graph features with query features and augments the topology with sparse adjacency links that preserve structural and semantic proximity, yielding a fused graph for GFM inference. Extensive experiments conducted across diverse GFM applications demonstrate that RAG4GFM significantly enhances both the efficiency of knowledge updating and reasoning faithfulness\footnote{Code: \url{https://github.com/Matrixmax/RAG4GFM}.}.