As the final step in the formalization of the OpenCog Foundation as a non-profit organization, the formal constitution of the organization has been placed online on this site.
According to the Constitution, OCF is a democratically run organization, with a Board elected by its membership, where the latter is defined as individuals who have substantially contributed to the OpenCog project, and have asked to become formal members and been approved by the Board.
The founding Board consists of Ben Goertzel, Cassio Pennachin, Nil Geisweiller and Joel Pitt; it was instantiated Jan. 1, 2012, and according to the Constitution, these Board members will be up for re-election in 2015.
If you would like to become a formal member of OpenCog Foundation and participate in its formal governance please email info@opencog.org and say so.
At the moment there is essentially no formal governance occurring in the OCF! However, if at some point significant funds are raised for OpenCog development, this may be managed by OCF. Also, many of the OpenCog core classes have copyright OCF; so it seems valuable to have these classes tied to a democratically-run nonprofit organization.