String Theory Schools

STRING THEORY CORPORATION

ON MARCH 6, 2021, A NONPROFIT ORGANIZATION, STRING THEORY CORPORATION D/B/A STRING THEORY SCHOOL OF DESIGN WAS FORMED BY MEMBERS OF THE STRING THEORY SCHOOLS BOARD OF TRUSTEES FOR THE PURPOSE OF OPERATING AN EDUCATIONAL INSTITUTION. ON AUGUST 3, 2021, STRING THEORY SCHOOLS INTO A GRANT AGREEMENT WITH STRING THEORY CORPORATION FOR A TOTAL OF $700,000 TO FUND OPERATIONS AND FORMATION OF THE EDUCATIONAL INSTITUTION. THE GOAL OF STRING THEORY CORPORATION IS TO OPERATE A SCHOOL OF HIGHER LEARNING FOR THE BENEFIT OF STUDENTS ATTENDING ONE OF STRING THEORY SCHOOLS' MANAGED CHARTER SCHOOLS. $500,000 OF THE GRANTED CONTRIBUTIONS ARE REQUIRED TO BE USED TO FUND A SEGREGATED, PERPETUAL ENDOWMENT FUND. AN ADDITIONAL $200,000 WAS GIVEN TO BE USED FOR GENERAL OPERATIONS.

• 2022