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Herald Chen

CaliforniaTechnology

AIProfile Summary

Herald Chen (born 1970) is a U.S.-based technology billionaire in California with an estimated net worth of ~$1.1B. SEC records show he is associated with extensive insider-reporting activity, with 63 insider filings tied to his personal CIK and links to multiple public companies including AppLovin (APP), Unity Software (U), GoDaddy (GDDY), Eastman Kodak (KODK), and SAIC (SAIC). RTB SEC EDGAR

Business & SEC Activity

SEC EDGAR lists Herald Y. Chen as an entity with a personal CIK (0001348636) and 64 total filings, including 63 insider filings. Recent filings include multiple Form 4 reports (used by corporate insiders to disclose changes in their holdings) and Form 144 filings (a notice related to the planned sale of restricted or control securities) in 2025–2026. The SEC data also connects his filings to several issuers, including AppLovin, Unity Software, GoDaddy, Eastman Kodak, and SAIC. SEC EDGAR

Philanthropy

Across three foundations in the data, total reported foundation assets sum to $501,170 and total grants paid sum to $166,450. The Chen Foundation (Cerritos, CA) reported $52,185 in assets in 2017 with $0 grants paid that year, while the Professor Chen Wen Chen Memorial Foundation (Kingston, NJ) reported $448,985 in assets and $166,450 in grants paid in tax year 2023. Another Chen Foundation entry (San Francisco, CA) shows $0 assets, $0 revenue, $0 expenses, and $0 grants paid in the record provided. ProPublica 990

Political Activity

FEC records show 6 contributions totaling $16,700 from 2007-12-30 to 2017-03-17. The largest listed recipients include The Freedom Project ($5,000) and the American Investment Council Political Action Committee (AIC PAC) ($2,500), along with contributions to Friends of Max Baucus, McConnell Senate Committee '14, and Friends of Gordon Smith ($2,300 each). The party breakdown in the data is $2,300 to Democrats, $4,600 to Republicans, and $9,800 categorized as Unknown. FEC

AI-generated summary from propublica_990, fec, rtb, sec_edgar 3/10/2026 (gpt-5.2). All claims are derived from the source data shown below.

USU.S. Presence

residenceHillsborough, California

990Philanthropy

$501KFoundation Assets
$128KGrants Paid
3Foundations
Chen FoundationCerritos, CA
Education (IRS NTEE B11)
Assets: $52KRevenue: $83Grants: $4KTax Year: 2017
Mission, purpose & full 990 filings → ProPublica Nonprofit Explorer
Chen FoundationSan Francisco, CA
Private independent foundation (IRS NTEE T22)
Assets: $0Revenue: $0Grants: $0
Mission, purpose & full 990 filings → ProPublica Nonprofit Explorer
Professor Chen Wen Chen Memorial FoundationKingston, NJ
Education (IRS NTEE B99)
Assets: $449KRevenue: $200KGrants: $124KTax Year: 2023
Mission, purpose & full 990 filings → ProPublica Nonprofit Explorer
Source: ProPublica (990) annual filing · latest on record (retrieved 3/9/2026) (proPublica_990)

FECPolitical Contributions

$17KTotal Contributed
6Contributions
2007–2017Date Range

By Party

Unknown
$10K
REP
$5K
DEM
$2K

Top Recipients

FREEDOM PROJECT; THE$5K
AMERICAN INVESTMENT COUNCIL POLITICAL ACTION COMMITTEE - AIC PAC$3K
FRIENDS OF MAX BAUCUS$2K
MCCONNELL SENATE COMMITTEE '14$2K
FRIENDS OF GORDON SMITH$2K
Source: FEC contribution filings · latest on record (retrieved 3/10/2026) (fec)

SECSEC Filings

64Total Filings
63Insider Filings
1,294EDGAR Mentions
0001348636Personal CIK

Associated Companies

Entities appearing alongside this person in SEC full-text search — an association, not necessarily ownership or control. Follow each link to the primary SEC record to judge for yourself.

Recent Insider Filings

4PRIMARY DOCUMENT
2/18/2026
4PRIMARY DOCUMENT
12/10/2025
4PRIMARY DOCUMENT
8/18/2025
4PRIMARY DOCUMENT
8/18/2025
144xsl144X01/primary_doc.xml
8/15/2025
144xsl144X01/primary_doc.xml
8/15/2025
4PRIMARY DOCUMENT
8/14/2025
4PRIMARY DOCUMENT
8/14/2025
144xsl144X01/primary_doc.xml
8/14/2025
144xsl144X01/primary_doc.xml
8/13/2025
Source: SEC EDGAR regulatory filings · latest on record (retrieved 3/9/2026) (sec_derived)

PBSScore Breakdown

D
24.7
Public Benefit Score

The PBS is a weighted average of 2 components. The formula is open and versioned — the weight percentages below show how much each component contributes to the final score.

Philanthropy65% weight
4%

Evidenced charitable giving — built on what they actually give each year, not parked assets. Dominated by generosity (annual giving relative to net worth — the share of your fortune you give), plus the absolute scale of that giving, plus a small nudge for signing the Giving Pledge (a commitment, not a realized action).

Data: ProPublica 990 charitable disbursements, net worth, The Giving Pledge registry

Transparency35% weight
63%

How much sourced, public accountability data exists — net worth, political contributions, SEC filings, foundation 990s, news coverage, and a verified profile. More public disclosure scores higher.

Data: FEC, SEC EDGAR, ProPublica 990s, GDELT / NewsAPI, Wikidata

Formula (v2): PBS = 65% x Philanthropy + 35% x Transparency

Scored on 6/23/2026 on a 0–100 scale. The score uses only the signals we have populated data for. Goal Impact, Controversy, and Community Approval are deferred until that data exists — Phase 1 goal adoption, controversy detection, and community votes respectively.

All data is sourced from public records. Each section links to its original source.

Herald Chen — Public Benefit Score D (25) | Billionaire Army