NLnet Foundation (in Dutch: Stichting NLnet) is a philanthropic (private) not-for-profit organisation that invests its own trust funds as well as funds that it manages on behalf of other organisations such as the European Commission to bring the open information society closer. The foundation supports strategic initiatives that contribute to an open information society, especially where these are aimed at development and dissemination of open standards and (network related) open source technology. Additionally the foundation wants to contribute to the societal debate on these subjects.
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Here are the projects that NLnet supports. A lot of really cool ones, including Lemmy.