My understanding of Rust Foundation and Rust Project has definitely improved following today's talk.
Rust Foundation: Handles financial, legal and bureaucratic stuff. Requires a supermajority of votes from both sponsors and the Rust Project.
Rust Project: Focuses on building.
miniblog.
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Apparently over half of the income for the Python Software Foundation comes from PyCon US!
https://www.python.org/psf/sponsorship/
The Servo browser is going to be part of the Linux Foundation!
I really hope it works out, Servo is an amazing project. It's really hard to build custom browser designs and having a good reusable browser library matters.