The Ubuntu Foundation is a purpose trust founded by South African Mark Shuttleworth and Canonical Ltd. to ensure the long-term maintenance of the Ubuntu Linux distribution independently of the commercial activities of Canonical Ltd. Its initial funding commitment is $10M.
Its current advisory board is made up of chairman Mark Shuttleworth, founder of Canonical Ltd., and representatives of the Ubuntu Community Council and the Ubuntu Technical Board.
Although it was originally announced that the Ubuntu Foundation would employ core members of the Ubuntu community as of 2008, the Foundation remains dormant. Mark Shuttleworth describes it as an "emergency fund" in the event that Canonical's involvement in the Ubuntu project ends.
Famous quotes containing the word foundation:
“The ability to secure an independent livelihood and honorable employ suited to her education and capacities is the only true foundation of the social elevation of woman, even in the very highest classes of society. While she continues to be educated only to be somebodys wife, and is left without any aim in life till that somebody either in love, or in pity, or in selfish regard at last grants her the opportunity, she can never be truly independent.”
—Catherine E. Beecher (18001878)