Elaine S. Katz,Ph.D., Founder and President C-FIDSers, Inc. is a public nonprofit, foundation that has evolved over many years. At the time of its inception no other organization of its kind existed. In a subsequent career, she served as a member of the management team of The Prudential Preferred. There are no paid employees. The founder of C-FIDSers, Inc. pays for all operating expenses herself, so that all donated money goes directly toward helping PWCs in distress or, if so earmarked, to a growth fund to maintain this organization in perpetuity.
Contributions are tax deductible in accordance with the law.
People who send contributions may earmark them for a specific kind of need, for a specific geographical region, for the growth fund, etc. But with no restrictions placed on donations, the money is used directly for the highest priority hardship cases that have come to the president's attention. As a financial services professional, Katz had known to plan for contingencies. About six years ago, Katz began her philanthropic work, as anonymously as possible, primarily in her local PWC community. Katz has sufficient resources to help only a few PWCs at a time.