UPDATE: The CVE board today announced the creation of non-profit entity called The CVE Foundation that will continue the program's work under a new, unspecified funding mechanism and organizational structure.

"Since its inception, the CVE Program has operated as a U.S. government-funded initiative, with oversight and management provided under contract," the press release reads. "While this structure has supported the program's growth, it has also raised longstanding concerns among members of the CVE Board about the sustainability and neutrality of a globally relied-upon resource being tied to a single government sponsor."

The organization's website, thecvefoundation.org, is less than a day old and currently hosts no content. The announcement said the foundation would release more information about its structure and transition planning in the coming days.