Is “Funds” a Scrabble word?

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Yes
FUNDS
Valid in at least one Scrabble dictionary

Valid in these dictionaries

SOWPODS / CSW
Scrabble UK & International
Valid
TWL / NWL
Scrabble North America
Valid
Large English Dictionary
General English word list
Unavailable

Meaning of Funds

/fʌndz/

noun
  1. 1.A sum or source of money.

    a fund for the maintenance of underprivileged students

  2. 2.An organization managing such money.

  3. 3.A money-management operation, such as a mutual fund.

    Several major funds were declared insolvent recently.

verb
  1. 1.To pay for.

    He used his inheritance to fund his gambling addiction.

  2. 2.To place (money) in a fund.

  3. 3.To form a debt into a stock charged with interest.