How to Use Report Folders in Salesforce
Report and dashboard folders help you keep your reports organized, they also let you specify who can view and edit the reports they contain.
You can pin any folder to the top of the list for easy access.
The folder is pinned to the top of your list.
You can also create folders, if you've been given permission to do so.
Specify if your folder will include Reports or Dashboards.
If a folder is no longer useful, you can delete it.
Salesforce deletes the folder.