diff --git a/resources/sql/autopatches/20141007.fundrisks.sql b/resources/sql/autopatches/20141007.fundrisks.sql
new file mode 100644
--- /dev/null
+++ b/resources/sql/autopatches/20141007.fundrisks.sql
@@ -0,0 +1,2 @@
+ALTER TABLE {$NAMESPACE}_fund.fund_initiative
+  ADD risks LONGTEXT NOT NULL COLLATE utf8_bin;
diff --git a/src/applications/fund/controller/FundInitiativeBackController.php b/src/applications/fund/controller/FundInitiativeBackController.php
--- a/src/applications/fund/controller/FundInitiativeBackController.php
+++ b/src/applications/fund/controller/FundInitiativeBackController.php
@@ -118,7 +118,8 @@
           ->setError($e_amount));
 
     return $this->newDialog()
-      ->setTitle(pht('Back Initiative'))
+      ->setTitle(
+        pht('Back %s %s', $initiative->getMonogram(), $initiative->getName()))
       ->setErrors($errors)
       ->appendChild($form->buildLayoutView())
       ->addCancelButton($initiative_uri)
diff --git a/src/applications/fund/controller/FundInitiativeEditController.php b/src/applications/fund/controller/FundInitiativeEditController.php
--- a/src/applications/fund/controller/FundInitiativeEditController.php
+++ b/src/applications/fund/controller/FundInitiativeEditController.php
@@ -52,6 +52,7 @@
     $v_merchant = $initiative->getMerchantPHID();
 
     $v_desc = $initiative->getDescription();
+    $v_risk = $initiative->getRisks();
 
     if ($is_new) {
       $v_projects = array();
@@ -66,6 +67,7 @@
     if ($request->isFormPost()) {
       $v_name = $request->getStr('name');
       $v_desc = $request->getStr('description');
+      $v_risk = $request->getStr('risks');
       $v_view = $request->getStr('viewPolicy');
       $v_edit = $request->getStr('editPolicy');
       $v_merchant = $request->getStr('merchantPHID');
@@ -73,6 +75,7 @@
 
       $type_name = FundInitiativeTransaction::TYPE_NAME;
       $type_desc = FundInitiativeTransaction::TYPE_DESCRIPTION;
+      $type_risk = FundInitiativeTransaction::TYPE_RISKS;
       $type_merchant = FundInitiativeTransaction::TYPE_MERCHANT;
       $type_view = PhabricatorTransactions::TYPE_VIEW_POLICY;
       $type_edit = PhabricatorTransactions::TYPE_EDIT_POLICY;
@@ -88,6 +91,10 @@
         ->setNewValue($v_desc);
 
       $xactions[] = id(new FundInitiativeTransaction())
+        ->setTransactionType($type_risk)
+        ->setNewValue($v_risk);
+
+      $xactions[] = id(new FundInitiativeTransaction())
         ->setTransactionType($type_merchant)
         ->setNewValue($v_merchant);
 
@@ -197,6 +204,11 @@
           ->setLabel(pht('Description'))
           ->setValue($v_desc))
       ->appendChild(
+        id(new PhabricatorRemarkupControl())
+          ->setName('risks')
+          ->setLabel(pht('Risks/Challenges'))
+          ->setValue($v_risk))
+      ->appendChild(
         id(new AphrontFormTokenizerControl())
           ->setLabel(pht('Projects'))
           ->setName('projects')
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
@@ -96,7 +96,7 @@
       $this->getHandle($owner_phid)->renderLink());
 
     $view->addProperty(
-      pht('Payable To Merchant'),
+      pht('Payable to Merchant'),
       $this->getHandle($merchant_phid)->renderLink());
 
     $view->addProperty(
@@ -116,6 +116,17 @@
       $view->addTextContent($description);
     }
 
+    $risks = $initiative->getRisks();
+    if (strlen($risks)) {
+      $risks = PhabricatorMarkupEngine::renderOneObject(
+        id(new PhabricatorMarkupOneOff())->setContent($risks),
+        'default',
+        $viewer);
+
+      $view->addSectionHeader(pht('Risks/Challenges'));
+      $view->addTextContent($risks);
+    }
+
     return $view;
   }
 
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
@@ -16,6 +16,7 @@
 
     $types[] = FundInitiativeTransaction::TYPE_NAME;
     $types[] = FundInitiativeTransaction::TYPE_DESCRIPTION;
+    $types[] = FundInitiativeTransaction::TYPE_RISKS;
     $types[] = FundInitiativeTransaction::TYPE_STATUS;
     $types[] = FundInitiativeTransaction::TYPE_BACKER;
     $types[] = FundInitiativeTransaction::TYPE_MERCHANT;
@@ -33,6 +34,8 @@
         return $object->getName();
       case FundInitiativeTransaction::TYPE_DESCRIPTION:
         return $object->getDescription();
+      case FundInitiativeTransaction::TYPE_RISKS:
+        return $object->getRisks();
       case FundInitiativeTransaction::TYPE_STATUS:
         return $object->getStatus();
       case FundInitiativeTransaction::TYPE_BACKER:
@@ -51,6 +54,7 @@
     switch ($xaction->getTransactionType()) {
       case FundInitiativeTransaction::TYPE_NAME:
       case FundInitiativeTransaction::TYPE_DESCRIPTION:
+      case FundInitiativeTransaction::TYPE_RISKS:
       case FundInitiativeTransaction::TYPE_STATUS:
       case FundInitiativeTransaction::TYPE_BACKER:
       case FundInitiativeTransaction::TYPE_MERCHANT:
@@ -71,6 +75,9 @@
       case FundInitiativeTransaction::TYPE_DESCRIPTION:
         $object->setDescription($xaction->getNewValue());
         return;
+      case FundInitiativeTransaction::TYPE_RISKS:
+        $object->setRisks($xaction->getNewValue());
+        return;
       case FundInitiativeTransaction::TYPE_MERCHANT:
         $object->setMerchantPHID($xaction->getNewValue());
         return;
@@ -106,6 +113,7 @@
     switch ($xaction->getTransactionType()) {
       case FundInitiativeTransaction::TYPE_NAME:
       case FundInitiativeTransaction::TYPE_DESCRIPTION:
+      case FundInitiativeTransaction::TYPE_RISKS:
       case FundInitiativeTransaction::TYPE_STATUS:
       case FundInitiativeTransaction::TYPE_MERCHANT:
       case FundInitiativeTransaction::TYPE_BACKER:
diff --git a/src/applications/fund/query/FundBackerSearchEngine.php b/src/applications/fund/query/FundBackerSearchEngine.php
--- a/src/applications/fund/query/FundBackerSearchEngine.php
+++ b/src/applications/fund/query/FundBackerSearchEngine.php
@@ -126,29 +126,35 @@
 
     $viewer = $this->requireViewer();
 
-    $list = id(new PHUIObjectItemListView());
+    $rows = array();
     foreach ($backers as $backer) {
-      $backer_handle = $handles[$backer->getBackerPHID()];
-
-      $currency = $backer->getAmountAsCurrency();
-
-      $header = pht(
-        '%s for %s',
-        $currency->formatForDisplay(),
-        $handles[$backer->getInitiativePHID()]->renderLink());
-
-      $item = id(new PHUIObjectItemView())
-        ->setHeader($header)
-        ->addIcon(
-          'none',
-          phabricator_datetime($backer->getDateCreated(), $viewer))
-        ->addByline(pht('Backer: %s', $backer_handle->renderLink()));
-
-      $list->addItem($item);
+      $rows[] = array(
+        $handles[$backer->getInitiativePHID()]->renderLink(),
+        $handles[$backer->getBackerPHID()]->renderLink(),
+        $backer->getAmountAsCurrency()->formatForDisplay(),
+        phabricator_datetime($backer->getDateCreated(), $viewer),
+      );
     }
 
+    $table = id(new AphrontTableView($rows))
+      ->setHeaders(
+        array(
+          pht('Initiative'),
+          pht('Backer'),
+          pht('Amount'),
+          pht('Date'),
+        ))
+      ->setColumnClasses(
+        array(
+          null,
+          null,
+          'wide right',
+          'right',
+        ));
 
-    return $list;
+    return id(new PHUIObjectBoxView())
+      ->setHeaderText(pht('Backers'))
+      ->appendChild($table);
   }
 
 }
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
@@ -15,6 +15,7 @@
   protected $ownerPHID;
   protected $merchantPHID;
   protected $description;
+  protected $risks;
   protected $viewPolicy;
   protected $editPolicy;
   protected $status;
diff --git a/src/applications/fund/storage/FundInitiativeTransaction.php b/src/applications/fund/storage/FundInitiativeTransaction.php
--- a/src/applications/fund/storage/FundInitiativeTransaction.php
+++ b/src/applications/fund/storage/FundInitiativeTransaction.php
@@ -5,6 +5,7 @@
 
   const TYPE_NAME = 'fund:name';
   const TYPE_DESCRIPTION = 'fund:description';
+  const TYPE_RISKS = 'fund:risks';
   const TYPE_STATUS = 'fund:status';
   const TYPE_BACKER = 'fund:backer';
   const TYPE_MERCHANT = 'fund:merchant';
@@ -64,6 +65,10 @@
             $new);
         }
         break;
+      case FundInitiativeTransaction::TYPE_RISKS:
+        return pht(
+          '%s edited the risks for this initiative.',
+          $this->renderHandleLink($author_phid));
       case FundInitiativeTransaction::TYPE_DESCRIPTION:
         return pht(
           '%s edited the description of this initiative.',
@@ -159,6 +164,7 @@
     $old = $this->getOldValue();
     switch ($this->getTransactionType()) {
       case FundInitiativeTransaction::TYPE_DESCRIPTION:
+      case FundInitiativeTransaction::TYPE_RISKS:
         return ($old === null);
     }
     return parent::shouldHide();
@@ -167,6 +173,7 @@
   public function hasChangeDetails() {
     switch ($this->getTransactionType()) {
       case FundInitiativeTransaction::TYPE_DESCRIPTION:
+      case FundInitiativeTransaction::TYPE_RISKS:
         return ($this->getOldValue() !== null);
     }