"to ensure free access, in perpetuity, to the projects we support"
From the About page:
The WordPress Foundation is a charitable organization founded by Matt Mullenweg to further the mission of the WordPress open source project: to democratize publishing through Open Source, GPL software. The point of the foundation is to ensure free access, in perpetuity, to the 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. As part of this mission, the Foundation will be responsible for protecting the WordPress, WordCamp, and related trademarks. A 501(c)3 non-profit organization, the WordPress Foundation will also pursue a charter to educate the public about WordPress and related open source software.
I have long been a fan of WordPress, and now even more so. I am always amazed at the things that Matt and company come up with to move forward the power of WordPress.
For all those true WordPress geeks out there, the new site is running the WordPress 3.0 development version.