Prometheus Foundation News
On this page, we’ll post occasional updates about Prometheus Foundation and the people and projects we fund.
Prometheus Foundation News
LevelUp: Craig Biddle’s Fake Conference
“Neither love nor fame nor cash is a value if obtained by fraud.” —Ayn Rand Craig is buying an audience for his conference with my money. Young people from around the world are being offered as much as $1,600 each for free travel, free hotels, and free food to attend LevelUp. Craig hopes to fill the conference with...
Craig Biddle’s Use of Legal Force
Craig boasts, “we are prevailing so far” in court. Craig told the court that without access to my funds, OSI would be out of business within three to four weeks. He pleaded we need the money. That’s why the court let them continue to spend my money. This argument echoes Ayn Rand’s villains, who always have causes:...
Craig Biddle’s Response
“Reality exists as an objective absolute—facts are facts, independent of man’s feelings, wishes, hopes or fears.” – Ayn Rand Craig Biddle has now responded to my public statements by telling his Objectivist friends and colleagues that OSI has “prevailed at every stage so far.” More boasting from Craig. (A temporary...
The Morality of Need and the Looting of Trust Funds
(This post is intended for those who have benefited from my philanthropy through the Prometheus Foundation, the Objective Standard, and other organizations I fund.) In Atlas Shrugged, Ayn Rand identified the nature of "looting"—the belief that need creates a claim on the values of others. The looter does not say, "I...
The $9 Million Heist: The Facts and Evidence
(This post is intended for those who have benefited from my philanthropy, directly or indirectly, through Prometheus Foundation, Objective Standard Institute, the Prometheus Network, or any other organization that received funds from my organizations or from me, personally.) This post follows my recent post, “The $9...
The Nine Million Dollar Heist
Ayn Rand wrote that “One must never fail to pronounce moral judgment.” She warned that one must speak up when silence would objectively imply “agreement with or sanction of evil.” Craig Biddle would like you to believe that I gave him $9 million to spend on whatever he personally desired as though I suddenly made him...
Men Are Not Angels
We all live by ideas, and among the most important are the ideas we hold about human nature,morality, and trust.One view is that human beings are sinners by nature, tainted from birth by original sin. A personwho accepts that view will tend to look at himself and others through that lens. Another view, atthe opposite...
Prometheus Foundation’s Termination of Support for Craig and Sarah Biddle, The Objective Standard, and The Objective Standard Institute (OSI)
OSI was founded in 2020 by Craig Biddle (Biddle) with funding from the Prometheus Foundation. Prometheus’s links here include OSI’s first proposal and budget to Prometheus and the consequent Grant Agreement. In 2024, board advisor Fred Fransen conducted a review, including a red-team due-diligence evaluation. This...
Shaping the Future: ARCA Inspires a New Generation of Thinkers in Armenia
Ayn Rand Center Armenia (ARCA), with the support of Prometheus Foundation, continues its ambitious “Objectivism for Highschoolers” mega-project in partnership with Yerevan State University’s Faculty of Philosophy and Psychology. The program recently reached its 14th and 15th stops at Yerevan High School No. 127 and...
Calling New Intellectuals
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“The world you desire can be won, it exists, it is real, it is possible, it is yours.”
—Ayn Rand, Atlas Shrugged
