The Foundation is a non-profit UK Community Interest Company that serves as both a guardian and champion of Matrix, an open standard and protocol for real-time communication that is used by an ever-growing global community. Matrix is to communicating in the 21st century what e-mail was to sending messages in the 20th - an interoperable and federated protocol that makes it possible for anyone, anywhere in the world, to connect to users anywhere on the global network in a safe, reliable manner.

While work on Matrix began in 2014, today ongoing development of the specification is entrusted to the Foundation, currently led by a group of five Guardians who keep a watchful eye on the Matrix Spec Core Team and its work, making sure the community stays true to its overall philosophy.