text: *Fair Value of Financial Instruments*
  
  The fair values of the financial instruments as of June 30, 2024 and 2023 represent management’s best 
  estimate of the amounts that would be received to sell those assets or that would be paid to transfer those 
  liabilities in an orderly transaction between market participants at that date. Those fair value measurements 
  maximize the use of observable inputs. However, in situations where there is little, if any, market activity for 
  the asset or liability at the measurement date, the fair value measurement reflects the Foundation’s own 
  judgments about the assumptions that market participants would use in pricing the asset or liability. Those 
  judgments are developed by the Foundation based on the best information available in the circumstances. 
  
  The following methods and assumptions were used to estimate the fair value of each class of financial 
  instruments: 
  
  **Cash and cash equivalents, restricted cash, current contributions receivable, prepaid expenses,**
  **other current assets, accounts payable, accrued expenses, and other liabilities:**The carrying 
  amounts approximate fair value because of the short maturity of these instruments. 
  
  **Investments**: Marketable securities, such as stocks, are measured using quoted market prices at the 
  reporting date multiplied by the quantity held. Mortgage-backed securities, U.S. Treasury securities, and 
  U.S. corporate bonds are measured using significant other observable inputs, particularly dealer market 
  prices for comparable investments as of the valuation date. 