One problem with this is that it's actually a very complicated thing to do with copyright laws differing around the world.
I also see a sort of chicken&egg problem, if your Foo project is small then you probably don't have Foo Foundation until it starts growing rapidly, but at that point you already have (hopefully) a lot of material.
Posted Nov 5, 2008 18:37 UTC (Wed) by rahulsundaram (subscriber, #21946)
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Entities like http://conservancy.softwarefreedom.org/ can be helpful if you are a small Free software project and would still like to reap the benefits of a foundation without the maintenance overhead.