The document introduces the Cyc Foundation, which aims to provide free access to programs that can reason with and augment the sum of human knowledge, similarly to how the Wikimedia Foundation provides free access to human knowledge. It discusses the motivations and goals of the Cyc Foundation to build upon the existing Cyc knowledge base and commonsense reasoning capabilities through projects that extract implied relationships from text and further develop intelligent systems. The document outlines some of Cyc's history and assumptions behind the Cyc Foundation's strategy to accelerate progress toward more intelligent tools through continued development of Cyc and its knowledge base.