diff --git a/resources/sql/autopatches/20141007.fundtotal.sql b/resources/sql/autopatches/20141007.fundtotal.sql
new file mode 100644
--- /dev/null
+++ b/resources/sql/autopatches/20141007.fundtotal.sql
@@ -0,0 +1,4 @@
+ALTER TABLE {$NAMESPACE}_fund.fund_initiative
+  ADD totalAsCurrency VARCHAR(64) NOT NULL COLLATE utf8_bin;
+
+UPDATE {$NAMESPACE}_fund.fund_initiative SET totalAsCurrency = '0.00 USD';
diff --git a/src/applications/fund/controller/FundInitiativeViewController.php b/src/applications/fund/controller/FundInitiativeViewController.php
--- a/src/applications/fund/controller/FundInitiativeViewController.php
+++ b/src/applications/fund/controller/FundInitiativeViewController.php
@@ -84,12 +84,25 @@
       ->setObject($initiative);
 
     $owner_phid = $initiative->getOwnerPHID();
-    $this->loadHandles(array($owner_phid));
+    $merchant_phid = $initiative->getMerchantPHID();
+    $this->loadHandles(
+      array(
+        $owner_phid,
+        $merchant_phid,
+      ));
 
     $view->addProperty(
       pht('Owner'),
       $this->getHandle($owner_phid)->renderLink());
 
+    $view->addProperty(
+      pht('Payable To Merchant'),
+      $this->getHandle($merchant_phid)->renderLink());
+
+    $view->addProperty(
+      pht('Total Funding'),
+      $initiative->getTotalAsCurrency()->formatForDisplay());
+
     $view->invokeWillRenderEvent();
 
     $description = $initiative->getDescription();
diff --git a/src/applications/fund/editor/FundInitiativeEditor.php b/src/applications/fund/editor/FundInitiativeEditor.php
--- a/src/applications/fund/editor/FundInitiativeEditor.php
+++ b/src/applications/fund/editor/FundInitiativeEditor.php
@@ -78,7 +78,18 @@
         $object->setStatus($xaction->getNewValue());
         return;
       case FundInitiativeTransaction::TYPE_BACKER:
-        // TODO: Calculate total funding / backers / etc.
+        $backer = id(new FundBackerQuery())
+          ->setViewer($this->requireActor())
+          ->withPHIDs(array($xaction->getNewValue()))
+          ->executeOne();
+        if (!$backer) {
+          throw new Exception(pht('No such backer!'));
+        }
+
+        $backer_amount = $backer->getAmountAsCurrency();
+        $total = $object->getTotalAsCurrency()->add($backer_amount);
+        $object->setTotalAsCurrency($total);
+
         return;
       case PhabricatorTransactions::TYPE_SUBSCRIBERS:
       case PhabricatorTransactions::TYPE_EDGE:
diff --git a/src/applications/fund/storage/FundInitiative.php b/src/applications/fund/storage/FundInitiative.php
--- a/src/applications/fund/storage/FundInitiative.php
+++ b/src/applications/fund/storage/FundInitiative.php
@@ -18,6 +18,7 @@
   protected $viewPolicy;
   protected $editPolicy;
   protected $status;
+  protected $totalAsCurrency;
 
   private $projectPHIDs = self::ATTACHABLE;
 
@@ -43,7 +44,8 @@
       ->setOwnerPHID($actor->getPHID())
       ->setViewPolicy($view_policy)
       ->setEditPolicy($actor->getPHID())
-      ->setStatus(self::STATUS_OPEN);
+      ->setStatus(self::STATUS_OPEN)
+      ->setTotalAsCurrency(PhortuneCurrency::newEmptyCurrency());
   }
 
   public function getConfiguration() {
@@ -54,6 +56,10 @@
         'description' => 'text',
         'status' => 'text32',
         'merchantPHID' => 'phid?',
+        'totalAsCurrency' => 'text64',
+      ),
+      self::CONFIG_APPLICATION_SERIALIZERS => array(
+        'totalAsCurrency' => new PhortuneCurrencySerializer(),
       ),
       self::CONFIG_KEY_SCHEMA => array(
         'key_status' => array(
diff --git a/src/applications/phortune/currency/PhortuneCurrency.php b/src/applications/phortune/currency/PhortuneCurrency.php
--- a/src/applications/phortune/currency/PhortuneCurrency.php
+++ b/src/applications/phortune/currency/PhortuneCurrency.php
@@ -72,26 +72,20 @@
   public static function newFromList(array $list) {
     assert_instances_of($list, 'PhortuneCurrency');
 
-    $total = 0;
-    $currency = null;
+    if (!$list) {
+      return PhortuneCurrency::newEmptyCurrency();
+    }
+
+    $total = null;
     foreach ($list as $item) {
-      if ($currency === null) {
-        $currency = $item->getCurrency();
-      } else if ($currency === $item->getCurrency()) {
-        // Adding a value denominated in the same currency, which is
-        // fine.
+      if ($total === null) {
+        $total = $item;
       } else {
-        throw new Exception(
-          pht('Trying to sum a list of unlike currencies.'));
+        $total = $total->add($item);
       }
-
-      // TODO: This should check for integer overflows, etc.
-      $total += $item->getValue();
     }
 
-    return PhortuneCurrency::newFromValueAndCurrency(
-      $total,
-      self::getDefaultCurrency());
+    return $total;
   }
 
   public function formatForDisplay() {
@@ -132,6 +126,20 @@
     throw new Exception("Invalid currency format ('{$string}').");
   }
 
+  public function add(PhortuneCurrency $other) {
+    if ($this->currency !== $other->currency) {
+      throw new Exception(pht('Trying to add unlike currencies!'));
+    }
+
+    $currency = new PhortuneCurrency();
+
+    // TODO: This should check for integer overflows, etc.
+    $currency->value = $this->value + $other->value;
+    $currency->currency = $this->currency;
+
+    return $currency;
+  }
+
   /**
    * Assert that a currency value lies within a range.
    *
diff --git a/src/applications/phortune/currency/__tests__/PhortuneCurrencyTestCase.php b/src/applications/phortune/currency/__tests__/PhortuneCurrencyTestCase.php
--- a/src/applications/phortune/currency/__tests__/PhortuneCurrencyTestCase.php
+++ b/src/applications/phortune/currency/__tests__/PhortuneCurrencyTestCase.php
@@ -19,7 +19,6 @@
     }
   }
 
-
   public function testCurrencyFormatBareValue() {
 
     // NOTE: The PayPal API depends on the behavior of the bare value format!
@@ -142,4 +141,22 @@
     $this->assertTrue($caught instanceof Exception);
   }
 
+  public function testAddCurrency() {
+    $cases = array(
+      array('0.00 USD', '0.00 USD', '$0.00 USD'),
+      array('1.00 USD', '1.00 USD', '$2.00 USD'),
+      array('1.23 USD', '9.77 USD', '$11.00 USD'),
+    );
+
+    foreach ($cases as $case) {
+      list($l, $r, $expect) = $case;
+
+      $l = PhortuneCurrency::newFromString($l);
+      $r = PhortuneCurrency::newFromString($r);
+      $sum = $l->add($r);
+
+      $this->assertEqual($expect, $sum->formatForDisplay());
+    }
+  }
+
 }