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Molds are a group of fungi called  Hyphomycetes , which are chracterized with having filamentous hyphae, and producing airborne spores or conidia (asexual propagules). In nature, molds are decomposers to recycle nature's organic wastes. In medicine, they are the producers of antibiotics. Fungi are a glomeration of organisms in a separate taxanomic kingdom, in which they differ from Monera (Bacteria), Protista (single-cell eucaryotes mostly), Plants and Animals.
Look deep into our eyes. There are no such things as molds. All molds are actually fungi. That's a bunch of fungus. This surprised us when we first learned about it. We always heard about mold in the shower or mold on the bread. Mold is actually a type of fungus.