The Krita community has created Stichting Krita Foundation to support the development of Krita through funding. The foundation will also help the community by organizing creative and open content projects like, Comics with Krita DVD. The have done some funding before where Lukáš Tvrdý was sponsored before actual development work and currently they are sponsoring Dmitry Kazakov, who is working on Krita performance improvements.

Krita community believes that this Foundation will help them in starting new projects and getting more sponsorships. This initiative will also bring more stability and accountability to the project. The goals of the Krita Foundation are similar to that of the Blender Foundation:

• To develop free graphics software, especially Krita
• To provide services for users and developers of Krita
• To provide artists and studios with everything they need to create digital art.

The question arises why do the community needs to set up a foundation when they are already a pary of the KDE e.V., the body that looks after the KDE development? Boudewijn Rempt writes, "... the Krita project and community will of course remain part of the KDE community. It's the KDE e.V. that currently owns the krita.org domain, krita.org is hosted on KDE infrastructure, we're using the KDE bugtracker, the KDE source repositories..."

Krita will continue benefit from the KDE e.V. sponsored sprints abd attend their events. The reason behind the foundation is that Krita has supposedly grown bigger and has bigger ambitions and this is something KDE e.V. can't do. They can't "direct or sponsor development, so a different organization is needed for that purpose, and that's the Krita Foundation," writes Rempt.