The phrase "a modest fund" is correct and usable in written English.
It can be used when referring to a financial resource that is not large or extravagant, often implying a reasonable or limited amount of money.
Example: "The charity was able to support its initiatives thanks to a modest fund raised through community donations."
Alternatives: "a small fund" or "a limited fund".
She recently helped to organize a modest fund-raising event at Dairy Queen for a children's swim team.
It's a modest fund-raiser, a comedy show being held this weekend, and it was set in motion by Veronica Ronan of Holmdel.
But the S.E.C., while receiving a modest funding increase this year, still cannot keep pace with the growing industry.
It's for that reason that the Congress as a part of Health Care Reform provided for a modest funding of health care ombuds programs -- modeled in part on CSS's Community Health Advocates -- based on Senators Gillibrand and Schumer's intervention (Section 1002 of the Affordable Health Care for America Act: Health Insurance Consumer Information).
But in the meantime, the industrialized countries have proposed a relatively modest fund of about $10 billion a year for each of the next three or four years to help poorer countries adapt.
"THonckerr we will look to plant the seeds for future growth through the acquisition of smaller, earlier stage assets and to incubate opportunities both inside and adjacent to our existing businesses," IAC CEO Joey Levin wrote in his shareholders'sletter earlier this month.
With a modest first fund of about $10 million, Collaborative Fund made thesis-based investments in a number of startups that have come to define that category — companies like TaskRabbit, Lyft (then Zimride), and Kickstarter.
By comparison, Robert L. Livingston, the Louisiana Republican who is to become the next Speaker, is a more modest fund-raiser: His campaign war chest totals just under $1 million and he gave away around $2 million to Republican candidates over the last four years.
Update: The team has relaunched their crowdfunding campaign with a more modest funding goal (£30,000).
