Quick Stats
- Annual Giving: $1,537,226 in grants paid (tax year 2023, from 990-PF field: contrpdpbks)
- Geographic Focus: International (based on stated funding criteria and grant patterns showing support across North America, Europe, and other regions)
- Application Method: No public application process (currently not accepting proposals)
- Number of Grants: 24 grants (tax year 2023)
- Average Grant: $108,160 (tax year 2023)
- Total Assets: $68,229,080 (tax year 2023)
Contact Details
- Website: https://prometheusfdn.org/
- Phone: 775-831-1384
- Email: [email protected]
- Address: PO Box 1157, Crystal Bay, NV 89402-1157
Funding Priorities
The foundation funds organisations and individuals who demonstrate they can use funds to promote Ayn Rand and advance her philosophy, Objectivism, intelligently and effectively. Three main programmes:
- Objectivist Venture Fund (OVF): Underwrites organisations and individuals with strong business plans for ventures promoting Ayn Rand's ideas, including Ayn Rand centres, book clubs, schools, meet-up groups, seminars, centres of learning, activist organisation projects, and university programmes
- Scholarship Programme: Funds talented scholars who seek to promote Objectivism as a significant part of their career; supports formal education for Objectivists of any age
- Productiveness Programme: Provides financial support to accomplished Objectivist intellectuals for high-leverage intellectual work, including book marketing, editorial support, course development, assistants, or project delegation
Recent Grant Pattern
Since applications are not currently being accepted, understanding recent grant patterns is particularly important:
- Geographic distribution: Based on recent 990-PF grant records, international reach including North America, Europe, and other regions globally
- Typical grantee types: Ayn Rand centres, educational institutions, activist organisations promoting Objectivism, individual scholars and intellectuals
- Representative recent grants: Students For Liberty received $2.3 million for an Objectivism fellowship programme; various international Ayn Rand centres; university-based programmes promoting Objectivism
What They Don't Fund
Applicants must demonstrate substantial understanding of Objectivism and the ability and intention to promote it. Projects unrelated to advancing Ayn Rand's philosophy and Objectivism would not be funded.
Application Process & Timeline
Currently not accepting proposals. When accepting applications, the foundation requires:
- Submission of documents in Google Docs and/or Google Sheets, in Times New Roman, 12-point font
- Recommendations or references sent separately to [email protected]
- Demonstration of substantial understanding of Objectivism and ability to promote it
Interested parties can sign up for their newsletter for updates on when applications reopen.
References
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