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Victor Fung

Diversified

AIProfile Summary

Victor Fung, born in 1945, is a U.S.-based billionaire in the diversified industry with an estimated net worth of ~$1.1B RTB. The data provided does not include details on how he built his wealth, so only his identity and estimated wealth can be stated here RTB.

Philanthropy

In 2023, the Coleman Fung Foundation Inc reported $2,016,028 in grants paid, $12,834,434 in total assets, $972,576 in revenue, and $2,059,527 in expenses ProPublica 990. The Wu & Fung Charitable Foundation reported $11,500 in grants paid, $258,419 in total assets, $1,540 in revenue, and $18,934 in expenses ProPublica 990. Across both foundations, total grants paid were $2,027,528 and total foundation assets were $13,092,853 ProPublica 990.

Political Activity

Federal contribution records show 47 donations totaling $6,264.50 from 2009-10-31 to 2024-07-22 FEC. The largest recipients were AMGEN INC. POLITICAL ACTION COMMITTEE ($5,072.76), WINRED ($600), ACTBLUE ($391.74), and TRUMP MAKE AMERICA GREAT AGAIN COMMITTEE ($200) FEC. The party breakdown is listed as Unknown for the full amount, so the data does not identify a party split FEC.

In the News

No validated news articles were returned in the provided dataset NewsAPI.

AI-generated summary from propublica_990, fec, rtb, gdelt 6/27/2026 (gpt-5.4-mini). All claims are derived from the source data shown below.

990Philanthropy

$13.1MFoundation Assets
$2.0MGrants Paid
2Foundations
Coleman Fung Foundation IncWilmington, DE
Private independent foundation (IRS NTEE T22)
Assets: $12.8MRevenue: $973KGrants: $2.0MTax Year: 2023
Mission, purpose & full 990 filings → ProPublica Nonprofit Explorer
Wu & Fung Charitable FoundationSan Gabriel, CA
Private independent foundation (IRS NTEE T22)
Assets: $258KRevenue: $2KGrants: $12KTax 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

$6KTotal Contributed
47Contributions
2009–2024Date Range

By Party

Unknown
$6K

Top Recipients

AMGEN INC. POLITICAL ACTION COMMITTEE$5K
WINRED$600
ACTBLUE$391.74
TRUMP MAKE AMERICA GREAT AGAIN COMMITTEE$200
Source: FEC contribution filings · latest on record (retrieved 3/10/2026) (fec)

PBSScore Breakdown

C
37.1
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
23%

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.

Victor Fung — Public Benefit Score C (37) | Billionaire Army