Looking at the list of projects you can see that they support a huge variety of projects, with all kind of different scopes and intentions.
While I think that the overarching goal is good and I would like to see them succeed, I also think that they fail to address the single most important issue. Which is that Apple and Microsoft are the only real system vendors, corporations who can offer an entire integrated system and aren't just either single components or many different components packaged together, but without the interaction necessary to compete with Apple or Microsoft.
The funding goes to many, but small projects, but this means the single biggest issue, actually deploying an open source system over an entire organization remains unaddressed.