Rust Core Team + Mozilla To Create A Rust Foundation

Given the uncertainty created by Mozilla laying off roughly a quarter of their staff last week that did include some Rust developers and in looking to further along the Rust ecosystem in its own right, the Rust core developers in cooperation with Mozilla are working to form the Rust Foundation.

Rust's core team and Mozilla are announcing plans to create a Rust foundation with the hopes of establishing this legal entity by year's end. The trademarks and related assets of Rust, Cargo, and Crates.io will belong to this foundation. Work is well underway on establishing this foundation with originally coming to the idea of possibly creating an independent Rust foundation last year, now pushed along by the recent Mozilla layoffs and the global pandemic. This should allow the Rust community more safety rather than being reliant upon a sole organization (Mozilla) and help foster growth and open up new possibilities.

More details on this Rust foundation to be formed and further insight via the Rust-Lang.org blog.