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The phrase "administers funds" is correct and usable in written English.
It can be used in contexts where someone is responsible for managing or distributing financial resources.
Example: "The organization administers funds to various community projects to support local development."
Alternatives: "manages funds" or "distributes funds".
Exact(4)
Lou Tisler, executive director of Neighborhood Housing Services of Greater Cleveland, which administers funds for the programs statewide, said political opposition had been little more than background noise.
The PTE plans public transport and administers funds for subsidy on behalf of the Passenger Transport Authority PTAA).
Oakland County currently administers funds for 51 communities through CDBG's Urban County program.
The one-woman organizer has blossomed into the foundation that administers funds that include annual donations and a bank account of $2 million that ensures the continuation of the scholarship program.
Similar(56)
The United Nations Development Program, which administers funding from donors including the United States, Japan, the European Union and Australia, is withholding the money, saying it is waiting for the issue to be resolved.
Even transit operators agree that transfer points like Embarcadero Station in downtown San Francisco "are the places where we should be doubling down," said Tilly Chang, executive director of the San Francisco County Transportation Authority, which oversees long-term planning and administers funding.
Some educators blame the overcrowding on the INS and the state Department of Health and Human Services, which administers funding for educational programs aimed at amnesty applicants.
Slightly cheaper than Hargreaves at 0.35% a year for administering funds, plus the underlying manager charge.
These locally administered funds will be increasingly stretched as a result of the extended benefit cap.
He said: "We need to see the costs of administering funds and the fees paid to fund managers reduced.
In 1911, Nunn created the Telluride Association, a self-governing scholarship society, to administer funds to the branches; both the Cornell branch and the association still exist.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com