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The phrase "amount of money devoted" is correct and usable in written English.
It can be used when discussing the financial resources allocated to a specific purpose or project.
Example: "The amount of money devoted to environmental conservation has increased significantly over the past decade."
Alternatives: "funds allocated" or "financial resources dedicated".
Exact(13)
Congressional staff members said that Mr. Rockefeller hoped to gradually expand the amount of money devoted to E-Rate, providing for an additional $5 billion to $9 billion in total funds over the rest of the decade.
Paran Johar, chief executive at Jumptap, is predicting that mobile "will get its own allocation in advertisers' marketing budgets" this year as the amount of money devoted to mobile video grows.
In addition, the amount of money devoted by Mr. Bush to advertising in New Hampshire climbed to $3.3 million, much more than the $2.1 million that the governor's advisers estimated Mr. McCain had been able to spend.
He said he would double the amount of money devoted to cancer research, adding, "I'll make it a priority to treat and conquer diseases like Alzheimer's and diabetes, Lou Gehrig's disease, mental illness and H.I.V./AIDS".
In her own preliminary analysis, Jennifer Kates, a vice president of the Kaiser Family Foundation, which specializes in health policy, said the amount of money devoted to programs in the president's Global Health Initiative, which is split among several agencies, appeared to have risen about 8 percent to $9.6 billion, from $8.8 billion in fiscal 2010.
Mr Chirac admitted this week to the Financial Times that "the Bush administration has taken a very positive step increasing the amount of money devoted to the fight against AIDS: this obliges us in Europe to follow suit".Elsewhere, the revolution in American aid policy is less advanced.
Similar(45)
It is said to be the largest amount of money ever devoted to a conservation campaign by a private organization.
If, going forward, we eliminated all the automatic raises and promises of huge lifetime benefits, we'd have an enormous amount of money to devote to merit pay, hardship-assignment incentives, and recruiting in subjects where we have shortages.
Given the amount of attention and money devoted to the "Wild Things" film, that is more than a little disappointing.
Buzz Words Over the past 20 years I have been continually amazed at the amount of time and money devoted to "new" management phrases, like the ones in "Preshrunk" (Mar. 6, p. 82).
But the government, generally strapped for cash, has cut the amount of money it devotes to keeping the channel clean.
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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