The Apache Software Foundation exists to provide organizational, legal, and financial support for the Apache open-source software projects. Formerly known as the Apache Group, the Foundation has been incorporated as a membership-based, not-for-profit corporation in order to ensure that the Apache projects continue to exist beyond the participation of individual volunteers, to enable contributions of intellectual property and funds on a sound basis, and to provide a vehicle for limiting legal exposure while participating in open-source software projects.
From the Apache web page (www.apache.org).