Possible worlds semantics faces a range of difficulties for at least certain types of modals, especially deontic modals with their distinction between heavy and light permissions and obligations. This paper outlines a new semantics of modals that aims to overcome some of those difficulties. The semantics is based on an a novel ontology of modal objects, entities like obligations, permissions, needs, as well as epistemic states, abilities, and essences. Moreover, it is based on truthmaking, in the sense of Fine’s recent (...) truthmaker semantics. (shrink)