(note: The post above seems to have been deleted. For context, it was asking whether this fund was only for games.)

It is. From the website:

    "Indie Fund aims to support the growth of games as a
     medium by helping indie developers get financially 
     independent and stay financially independent."

It's founded by a bunch of people who have done pretty well with their indie games. People like Jonathan Blow (Braid), Ron Carmel and Kyle Gabler (World of Goo), and a few others. They're trying to help others do something similar.