Summary: The Linux Foundation is gradually becoming a shadow of Microsoft, just like the Open Source Initiative, where most of the money comes from Microsoft and the official blog promotes Microsoft, its proprietary software, and Microsoft’s side in a class action lawsuit over GPL violations (with 9 billion dollars in damages at stake).
Linux Foundation has always been an industry consortium and not a community. LF has practically no relevance.
They have a revenue of 139 million in 2021, so they have some relevance, but yeah i would try not to put too much trust in them, and try to put in funding to the linux ecosystem that is “cleaner”.
Software is put into the “care” of LF to die. LF does not steer Linux in any way.