The PHP Foundation will be a non-profit organization whose mission is to ensure the long and prosperous life of the PHP language (the language that feeds 78% of the Web). The funds collected by the Foundation will be used for the development of the programming language. The main task of the Foundation will be to fund developers to work on PHP.
After discussions with community members, as well as a number of companies with interests in PHP, the following companies will join forces to form the PHP Foundation: Automattic, Laravel, Acquia, Zend, Private Packagist, Symfony, Craft CMS, Tideways, PrestaShop , JetBrains