With the recent drama surrounding Matt Mullenweg’s extortion attempt of WP Engine and potential legal action resulting from that, the WordPress Foundation has been getting more attention. There is fairly little information on the foundation and a lot of understandable confusion over it. On its homepage there is this explanation for its existence (emphasis in original):
The point of the foundation is to ensure free access, in perpetuity, to the software projects we support. People and businesses may come and go, so it is important to ensure that the source code for these projects will survive beyond the current contributor base, that we may create a stable platform for web publishing for generations to come. [Read more]