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The formation of the Open Web Foundation (OWF) was announced on July 24, 2008 at the OSCON 2008 Conference. OWF is "applying the open source model of seeing a common pain point and trying to patch the system by creating an 'organizational library' that makes it easier to go through a collaborative specification process and come out of it with clean IPR, leading to faster implementation and adoption.

According to the OWF web site: "The Open Web Foundation is an independent non-profit dedicated to the development and protection of open, non-proprietary specifications for web technologies. It is an attempt to create a home for community-driven specifications. Following the open source model similar to the Apache Software Foundation, the foundation is aimed at building a lightweight framework to help communities deal with the legal requirements necessary to create successful and widely adopted specification. The foundation is trying to break the trend of creating separate foundations for each specification, coming out of the realization that we could come together and generalize our efforts... The Open Web Foundation is made up of individuals who believe that the open web is built on technologies that are created in the open by a diversity of contributors, and which free to be used and improved upon without restriction."