The foundation still owns part of the quoted company and retains its educational purpose but it doesn't make the computers now.
It never did. The structure hasn't changed meaningfully recently, apart from the massive windfall of floating the commercial arm.
The foundation's purpose hasn't changed, its just now a fucktonne richer.
But the thing I'm not quite sure about is why that matters, virtually every other player, apart from adafruit is a corporation all about shareholder value.
Not true that nothing has changed though. Commercial arm has to answer to outside shareholders now which wasn't the case before.