The Open Source Initiative (OSI) is a California public benefit corporation, with 501(c)3 tax-exempt status, founded in 1998. It promotes the usage of Open Source Software. The organization was founded in late February 1998 by Bruce Perens and Eric S. Raymond, part of a group inspired by the Netscape Communications Corporation publishing the source code for its flagship Netscape Communicator product. Later, in August 1998, the organization added a board of directors. Raymond was president from its founding until February 2005, followed briefly by Russ Nelson and then Michael Tiemann. In May 2012, the new board elected Simon Phipps as president and in May 2015 Allison Randal was elected as president when Phipps stepped down in preparation for the 2016 end of his Board term. Phipps became President again in September 2017.
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