CodePlex was Microsoft’s answer to SourceForge. Today though Microsoft has announced that CodePlex is now it’s own private entity in the open source world and gave it seed money to help get it started. This is great news in my opinion. CodePlex is an invaluable asset to developers and users alike with code, working programs and community help all available. If you haven’t checked it out, go do so now: CodePlex.
The new CodePlex foundation has an interim Board of Directors comprised of three Microsoft employees and three non-Microsoftees.