It would be nice to scratch out a plan. What I don't know is the amount of
effort required for each particular task which is being done. I know there is
abrowser, there is AR9170, and some other pieces (visual), and enhancements
(for visually impaired). I wish I had the time to work on a distribution (I
actually am although the goals are different even if many principles are
shared).
It wouldn't hurt to bring up a fund raising inquiry with the FSF, Rubén,
etc.
Right now I have no idea if such an effort would work.
I think more coordination though could go a long ways. At the same time
though any changes are going to annoy someone. If you discontinue the non-LTS
release to focus on back porting critical pieces there are going to be people
who get upset that they can't play the latest games or run a particular
critical application.