NEW YORK / LONDON (IT BOLTWISE) – Michael and Susan Dell have announced an unprecedented donation of $6.25 billion to support 25 million American children. This initiative aims to encourage families to use the so-called ‘Trump Accounts’ introduced as part of President Donald Trump’s tax and spending legislation.
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Michael and Susan Dell have launched a remarkable philanthropic initiative aimed at supporting 25 million American children under the age of ten. With a donation of $6.25 billion, the Dells want to encourage families to use the new ‘Trump Accounts’ introduced as part of President Donald Trump’s tax and spending legislation. These accounts are designed to help children secure financial resources for their future.
The structure of this donation is unique and leverages the infrastructure of the ‘Trump Accounts’, where the US Treasury deposits $1,000 into investment accounts for children born between January 1, 2025 and December 31, 2028. The Dells are complementing this initiative by providing $250 to each qualifying child under the age of ten.
Michael Dell, Founder and CEO of Dell Technologies, emphasizes the importance of this initiative: “We believe this program will not only create accounts, but build hope, opportunity and prosperity for generations to come.” The accounts are scheduled to be available starting July 4, 2026, to mark the 250th anniversary of U.S. independence.
The ‘Trump Accounts’ are available to any American child under 18 with a Social Security number. Families can fill the accounts with additional funds to be invested in an index fund that tracks the entire stock market. The Dells hope their donation will motivate families to contribute even small amounts to help accounts grow in line with the stock market.
President Trump plans to celebrate this significant donation, and a White House spokesman, Kush Desai, calls the ‘Trump Accounts’ a revolutionary investment by the federal government in the next generation of American children. This initiative could also inspire other companies and philanthropists to get involved.
The Dells have donated $2.9 billion through their foundation since 1999, with a focus on education. However, this new initiative represents a significant expansion of their commitment to securing the financial future of children in the United States.
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