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index 4ab2b563a..0d4015238 100644
--- a/README.txt
+++ b/README.txt
@@ -3,14 +3,22 @@ Copyright (c) 2008-2010 See COPYRIGHT.txt
See CONTRIBUTORS.txt for development credits.
-The Elgg project was started in 2004 by:
-Ben Werdmuller <ben@benwerd.com, http://benwerd.com> and
-Dave Tosh <davidgtosh@gmail.com>
+Elgg is managed by the Elgg Foundation, a nonprofit organization that was
+founded to govern, protect, and promote the Elgg open source social network
+engine. The Foundation aims to provide a stable, commercially and
+individually independent organization that moves in the best interest of Elgg
+as an open source project.
The project site can be found at http://elgg.org/
+The Elgg project was started in 2004 by:
+Ben Werdmuller <ben@benwerd.com, http://benwerd.com> and
+Dave Tosh <davidgtosh@gmail.com>
+
Elgg is released under the GNU Public License (GPL) Version 2 and the
Massachusetts Institute of Technology (MIT) License. See LICENSE.txt
in the root of the package you downloaded.
-For installation instructions, please see the INSTALL.txt file.
+For installation instructions, see INSTALL.txt.
+
+For upgrade instructions, see UPGRADE.txt. \ No newline at end of file