The phrase "abandon funds" is correct and usable in written English.
It can be used in contexts where funds are being left unclaimed or not utilized, often in financial or legal discussions.
Example: "The organization decided to abandon funds that had been allocated for a project that was no longer viable."
Alternatives: "forfeit funds" or "relinquish funds".
We will face an unacceptable dilemma: support existing grants and cede US leadership, or abandon funding for key areas of research to support a few world-leading facilities.
In addition, the Rand Paul right would have America abandon funding for economic development, democracy promotion, global health and education and the stabilization of weak states — the non-military interventions that make military ones less needed in the future.
On the way out, the company pleaded guilty to defrauding the state of New York by seizing abandoned funds that should have gone to the state.
Gates has abandoned funding small schools because they've proved to be too costly and ineffective.
Not only is healthcare reform idling, Republicans abandoned funding Trump's wall in their 2017 budget, there is no agreement within the GOP on how to approach tax reform, and work on the 2018 budget has been moving sluggishly by even the most generous standards.
Calpers has joined the Los Angeles fire and police employees' union to abandon hedge funds.
Given the cost-effectiveness of the strategy, individual investors will not abandon index funds any time soon.
For his part, Mr. Bush was forced to abandon taxpayer funded vouchers that could be used for private school tuition and broad state control of federal education dollars.
The company feared that many shareholders might abandon the fund and that loyalists would be stuck with an even bigger tax bill.
Abandon the funding formula adopted by the Turnbull government which provides non-government schools with 80% of the schools resourcing standard and public schools with 20%.
