Chicago – December 02, 2025
Billionaire philanthropists Michael and Susan Dell pledged $6.25 billion to fund “Trump accounts” for 25 million U.S. children aged 10 and under, depositing $250 into each tax-advantaged investment account. This marks one of the largest private gifts aimed at American youth, expanding a federal program under President Donald Trump’s One Big Beautiful Bill Act.
Program Overview
The accounts, part of the Invest America initiative, lock funds until children turn 18 for uses like education or first-home purchases. While the U.S. Treasury provides $1,000 for kids born 2025-2028, Dell’s gift targets those born earlier, prioritizing low- and middle-income families with median incomes up to $150,000. It aims to cover 80% of eligible children under 11.
Beneficiaries and Eligibility
Grants focus on communities where family incomes average $150,000 or less annually, ensuring broad access for younger children if funds are limited. Families and others can add up to $5,000 yearly, allowing investments to grow.
Announcement and Legacy
Michael Dell plans to join President Trump at the White House for the reveal. The pledge surpasses the Michael & Susan Dell Foundation’s prior $2.9 billion in gifts since 1999, boosting long-term wealth for millions.
