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:
“But in every constitution some large degree of animal vigor is necessary as material foundation for the higher qualities of the art.”
—Ralph Waldo Emerson (1803–1882)