The phrase "advancement fund" is correct and usable in written English.
It can be used to refer to a financial resource designated for promoting progress or development, often in an organizational or educational context.
Example: "The university has established an advancement fund to support scholarships and research initiatives."
Alternatives: "development fund" or "progress fund".
Foundation officials said the first advancement of funds did not preclude families or others from receiving more funds in the future.
Founded in 1983, the Technology Development Centre (now the Finnish Funding Agency for Technology) played an important role in the 1980s and '90s in Finnish technological advancement by funding research and development.
"The prime minister has consistently initiated confidence-building measures," he added, citing the reduction of roadblocks, the advancement of funds and the issuance of work permits, among other measures.
In the 2012 Science Careers postdoc survey, respondents rated opportunities and support for career advancement and funding as the two most important ingredients for a successful postdoctoral experience.
How the dramatic shifts in scientific communication will affect the culture of research and processes for academic advancement and funding is far from clear (Harley, 80).
One of the most exciting advancements, recently funded by the NCI, is Dr. Vadim Backman's work in colon cancer diagnostics–inventing a new way to detect cancer even before it forms.
The Teacher Advancement Program (TAP), funded by federal Teacher Incentive Fund grants and implemented over a four-year period at 40 "high need" Chicago Public Schools, was evaluated by independent agency Mathematica Policy Research.
The group is supported by an annual grant from the Industry Advancement and Cooperative Fund, a nonprofit that receives a small contribution from the entertainment industry that is tied to actors' earnings, and is jointly overseen by producers and members of the now-merged S.A.G-Aftra actors' union.
Her father is a founding partner of interNational Advancement Counsel, a fund-raising consultancy for philanthropies.
While no one wants to jeopardize the money by speculating about its possible sources, within the quiet halls of institutional advancement — as college fund-raising departments are often called — theories abound.
