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Linux Foundation now spends only 2% of their revenue on Linux (lunduke.locals.com)

submitted 11 months ago by PoseidonsWake@lemmy.world to c/linux@lemmy.world

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The Linux Foundation has released their 2023 Annual Report... and it is an absolute doozy.

The first big headline?

As of 2023, The Linux Foundation now spends just 2% -- that's two percent -- of their revenue on their namesake: The Linux Kernel.

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[–] charonn0@startrek.website 15 points 11 months ago* (last edited 11 months ago)

The Linux Foundation is a 509(a)(3) support organization.

In other words, they provide legal and financial infrastructure to smaller open source projects that aren't big enough to justify their own foundation.