That's hard - I've got a lot of big expectations here. If I have to summarize, I'm anticipating that this will make it clear to everyone that .NET is bigger than Microsoft, and the whole open source community is empowered to get things done without waiting for Microsoft to do it or give permission.

.NET Foundation is an independent organization, with Microsoft as an important member and big contributor, but .NET is owned by the community. I've heard a lot of great ideas for how the .NET Foundation could support projects better, do more for our Meetups (including providing content, support speakers with things like speaker grants, etc.), put on in person events, etc. - but we haven't had a good way for people to make it happen, and the foundation could only do so much. Now, by letting the community guide the foundation through community board seats and bringing on corporate sponsors, we really can scale up so that if someone has a great idea, they can just do it!