Update Ethereum Foundation page

public/content/foundation/index.md

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-# About the Ethereum Foundation {#about-the-ethereum-foundation}
+# Ethereum Foundation {#ethereum-foundation}
 
 <Logo/>
 
-The [Ethereum Foundation](http://ethereum.foundation/) (EF) is a non-profit organization dedicated to supporting [Ethereum](/what-is-ethereum/) and related technologies.
+The [Ethereum Foundation](http://ethereum.foundation/) (EF) is a non-profit organization that supports the Ethereum ecosystem. It funds protocol development, grows the ecosystem, and advocates for Ethereum.
 
-The EF is not a company, or even a traditional non-profit. Their role is not to control or lead Ethereum, nor are they the only organization that funds critical development of Ethereum-related technologies. The EF is one part of a much larger [ecosystem](/community/).
+The EF is not a company, or even a traditional non-profit. It does not control or lead Ethereum, nor is it the only organization that funds critical development of Ethereum-related technologies. The EF is one part of a much larger [ecosystem](/community/).
 
-## Ethereum Foundation Initiatives {#ethereum-foundation-initiatives}
+## What the EF does {#what-the-ef-does}
 
-### Ecosystem Support Program {#ecosystem-support-program}
+- **Protocol development** – Supporting teams working on Ethereum's core protocol, including client development, research, upgrades, and the [bug bounty program](/bug-bounty/)
+- **Ecosystem funding** – Providing grants and support to projects building on Ethereum through the [Ecosystem Support Program](https://esp.ethereum.foundation/)
+- **Research** – Funding research across cryptography, consensus, scaling, privacy, and security
 
-The [Ecosystem Support Program](https://esp.ethereum.foundation/) exists to provide both financial and non-financial support to projects and entities within the greater Ethereum community, in order to accelerate the growth of the ecosystem. The Ecosystem Support Program is an expansion of the original Ethereum Grants Program which mainly focused on financial support.
+## Programs and initiatives {#programs-and-initiatives}
 
-Learn more about the Ecosystem Support Program, past grant recipients, and the grant application process at [esp.ethereum.foundation](https://esp.ethereum.foundation/). You can also view the [Ecosystem Support Program Blog](https://blog.ethereum.org/category/ecosystem-support-program/) or follow [@EF_ESP](https://twitter.com/EF_ESP) for their latest news and announcements.
+- **[Ecosystem Support Program](https://esp.ethereum.foundation/)** – Grants and support for open-source projects building on Ethereum
+- **[Academic Grants](https://esp.ethereum.foundation/academic-grants)** – Supporting Ethereum-related academic research
+- **[Devcon](https://devcon.org/)** – The annual conference for Ethereum developers, researchers, and builders
+- **[Bug Bounty Program](/bug-bounty/)** – Rewards for finding vulnerabilities in the Ethereum protocol
 
-### Devcon {#devcon}
+## Learn more {#learn-more}
 
-Since 2014, the Ethereum Foundation has organized Devcon, the annual conference for all Ethereum developers, researchers, thinkers, and makers.
-
-You can access video content of conference presentations for every year since its inception at [archive.devcon.org](https://archive.devcon.org/).
-
-Learn more at [devcon.org](https://devcon.org/), check out the [Devcon Blog](https://devcon.org/en/blogs/), or follow [@efdevcon](https://twitter.com/EFDevcon) for the latest announcements.
-
-### Fellowship Program {#fellowship-program}
-
-The [Ethereum Foundation Fellowship Program](https://fellowship.ethereum.foundation/) is an initiative to help address gaps in representation across cultures, nationalities, and economic classes. The Fellowship Program is about bridging these gaps by identifying and supporting unique and talented individuals helping to enable Ethereum’s relevance, and breaking down barriers to entry for those underrepresented people and communities who will become the future of Web3.
-
-[Learn more at fellowship.ethereum.foundation](https://fellowship.ethereum.foundation/).
-
-<br/>
-
-For more on the Foundation and their work, visit [ethereum.foundation](http://ethereum.foundation/), or check out the [Ethereum Foundation Blog](https://blog.ethereum.org/) for the EF's latest news and announcements.
+- [ethereum.foundation](https://ethereum.foundation/) – Official EF website
+- [EF Blog](https://blog.ethereum.org/) – News and announcements
+- [Ecosystem Support Program](https://esp.ethereum.foundation/) – Grants and support