Santilli & Thomson provided financial consulting to First Philadelphia Preparatory Charter School and Tacony Academy Charter School to guide our clients through the bond issuance process and the construction of new buildings.

The First Philadelphia Preparatory bond issue will refinance existing debt and provide funding to construct new buildings to house a second elementary school... Continued here



Santilli & Thomson provided financial consulting to Philadelphia Performing Arts and DeMedici Corporation II, an affiliate, to guide our client through the bond issuance process and the purchase of Three Franklin Plaza in Center City, an eight-story 226,890-square-foot office building at 1600 Vine St.

The building will house the Philadelphia Performing Arts Charter School, A String Theory High School for the Arts and Sciences.  The school will be the first charter high school in the city focused on the performing arts and will open in the fall of 2013 with 350 ninth graders... Continued here

As shown in the chart below, if we combine the number of charter students educated by Santilli & Thomson client schools, this number (13,074) would rank as between the 7th (North Penn) and 8th (Erie City) largest school districts in the state of Pennsylvania... Continued here


The Atlantic covers Memphis Street’s “big bet on nonviolence”


Last year when American Paradigm Schools took over Philadelphia’s infamous, failing John Paul Jones Middle School, they did something a lot of people would find inconceivable. The school was known as “Jones Jail” for its reputation of violence and disorder, and because the building physically resembled a youth correctional facility. Situated in the Kensington section of the city, it drew students from the heart of a desperately poor hub of injection drug users and street level prostitution where gun violence rates are off the charts. But rather than beef up the already heavy security to ensure safety and restore order, American Paradigm stripped it away. During renovations, they removed the metal detectors and barred windows…


Click Here to Read Full Story on The Atlantic


CHAD moves out of the classroom with American Seaport Museum



Many High School students dream of not having to be in a traditional classroom setting to learn.


Students from Charter High School for Architecture & Designs (CHAD) are doing just that…learning physics while building a boat.

Independence Seaport Museum has teamed up with CHAD for the STEM (Science, Technology, Engineering and Mathematics) Project. The program allows students to visit the Museum twice a week, and gives students hands on experience to help them with their future career paths.


Watch video here.


Gerald Santilli discusses client, American Paradigm Schools




Today Show feature on transformation of S&T client, Memphis Academy


Santilli & Thomson helped to transform Port Richmond’s John Paul Jones Middle School from a dilapidated school building into a sparkling new learning environment called Memphis Street Academy Charter School, featured on the Today Show.


Watch Video here.


2013 Apple Award to Performing Arts Charter


Philadelphia Performing Arts Charter School, a Santilli & Thomson client since 2004, had been named a 2013 Apple Distinguished School. The Apple Education Recognition Program recognizes outstanding schools and programs that are centers of innovation, leadership, and educational excellence, and demonstrate Apple’s vision of exemplary learning environments.

The school employs a STEM+Arts curriculum model. The school is managed by String Theory Schools, which also is a Santilli & Thomson client.

S&P Awards CHAD Strong Ratings for Bond Issue


Standard & Poor’s Ratings Services has assigned its investment-grade ’BBB-’ long-term rating to Charter High School for Architecture + Design (CHAD) PA’s series 2013 charter school revenue bonds, issued for The Designing Futures Foundation (Foundation) by the Philadelphia Authority for Industrial Development.

 The outlook is stable ... Continued here



Four years after its opening, Tacony Academy Charter School has found a permanent building.

Tacony Academy Charter School opened in September 2009, but officials were forced to move into what they thought would be a temporary location in Rhawnhurst.

Orleans Technical Institute had moved from 1330 Rhawn St. to a new location on Red Lion Road. Tacony Academy liked ... Continued here



Philadelphia, PA, September 8, 2011 -  String Theory Schools, the non-profit education management organization for the Philadelphia Performing Arts Charter School, announced today the rollout of a one-to-one iPad initiative for all 6th, 7th, and 8th grade students at Performing Arts Charter School, located in South Philadelphia ... Continued here



May 22, 2010  It’s difficult for any enterprise to obtain financing these days. And it’s even harder for charter schools. That’s why it is remarkable that the Math, Science and Technology Community Charter School (MaST) in Northeast Philadelphia has closed on a $15.8 million bond issue–arranged with the help of ... Continued here