Related Party Transactions

6 Months Ended

Dec. 31, 2020

Related Party Transactions

Related Party Transactions

9.   Related Party Transactions

The Company contributed to Future of School, a charity focused on access to quality education. Future of School is a related party as an executive officer of the Company serves on its Board of Directors. For the three months ended December 31, 2020 and 2019, contributions made by the Company to Future of School were $0.3 million and $0.4 million, respectively, and $1.0 million and $0.8 million, respectively, for the six months ended December 31, 2020 and 2019. In fiscal year 2019, the Company accrued $2.5 million for contributions to be made in subsequent years. The amounts shown the for three and six months ended December 31, 2020 and 2019 reduced that obligation and as of December 31, 2020, $0.4 million remains outstanding.