There is/soon-will-be a separate group MEW, Monero Economy Workgroup, similar to foundation that some coins have.
Isn't that a bit arrogant. Bitcoin = "some coin"

I will not be joining any coin that has a foundation, the exception being a foundation that has the very limited role of holding the domain names (and any other assets that can't be held anonymously) for compliance with law.
This Monero Economic Workgroup aka "foundation" (?) is somewhat different in scope and direction than say the Bitcoin foundation or some of the other coin foundations.
It doesn't exist to hold on to a premine or employ the developers (but does intend to donate to development) and doesn't hold any position of authority over the project itself. Its is something more like an industry association and will serve as a mechanism for those in the user/merchant community to work together to build the economy. Of course there is no real "industry" or economy to associate or build at this point but there are certainly people who want to change that.