Funk married his wife, Sharon (Archer), in 1994. They currently reside in Ponte Vedra Beach, Florida. They had a son, Taylor Christian, in 1995. He is home-schooled but plays golf for Ponte Vedra High School and won the Florida 2A state championship in October 2013; he has committed to the University of Texas for 2014–15. They have a daughter, Perri Leigh, born in 1999. Fred has a son, Eric Justin, born in 1991 during Fred's first marriage, which ended in 1992; Eric graduated from Virginia Tech in 2013.