If you open wordpress.org it says,
WordPress is a state-of-the-art publishing platform with a focus on aesthetics, web standards, and usability. WordPress is both free and priceless at the same time.
WordPress is the worlds most popular and successful blogging software in the World.Millions of blogs hosted using WordPress.Thousands of developers working on this software to make it more accurate.
So, for protecting the WordPress, WordCamp, and related trademarks Matt Mullenweg started The WordPress Foundation a charitable organization.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.
You can check the first post on WordPress Foundation by Matt Mullenweg here.The site looks cool.It is running on the developing version of WordPress 3.0 and the nascent theme called 2010.
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