text: The Foundation also receives donations on behalf of the Wikimedia Endowment as well as transfers 
  additional Foundation donations to the Endowment monthly. Donations that are donor-specified for the 
  Wikimedia Endowment are not recognized as revenue to the Foundation, whereas donations that are not 
  donor-specified for the Wikimedia Endowment are recognized both as contributions revenue and awards 
  and grants expense to the Foundation. The Foundation transferred $10,706,812 donor-designated gifts and 
  $624,137 Foundation gifts to the Wikimedia Endowment during the year ended June 30, 2024. As of 
  June 30, 2024, the Foundation owed the Wikimedia Endowment $525,607 for donations to be transferred 
  to the Wikimedia Endowment for the month of June 2024. 
  
  During the fiscal year ended June 30, 2024, the Wikimedia Endowment also provided the Foundation with 
  grants of $1,500,000 for MediaWiki improvements, $600,000 for the Abstract Wikipedia project, and 
  $500,000 for exploring strategies for expanding beyond the Foundation’s existing audiences of consumers 
  and contributors. The grants are recorded as contributions with donor restrictions and within net assets with 
  donor restrictions as of June 30, 2024. 