Trump Announces Major Donation for Children’s Financial Program

On December 2, 2025, President Donald Trump revealed a significant $6.25 billion donation from Michael Dell, the founder and CEO of Dell Technologies, alongside his wife, Susan Dell. This funding aims to enhance the Trump Account program, designed to give children a financial boost toward education, home ownership, or entrepreneurship before they turn 18.

Michael Dell, who leads one of the largest tech companies globally, is recognized as the 11th richest person, with a staggering net worth of $148 billion, according to Bloomberg’s Billionaires Index.

During the announcement, made in the Roosevelt Room, Trump explained that the initiative will provide a one-time seed investment of $1,000 from the U.S. Treasury to newborn American citizens born between January 1, 2025, and December 31, 2028. These funds will be placed in tax-advantaged accounts that invest in low-cost index funds tracking the stock market, creating a financial foundation for children as they mature.

The donation from the Dells will particularly bolster 25 million existing accounts for children under the age of 11. At a White House press briefing, Trump praised this contribution as one of the most generous in the nation’s history, the largest single private donation aimed at benefiting American children, and he encouraged other businesses to follow suit.

After the President’s comments, Michael Dell stressed the broad impact of this initiative, suggesting it could lead to higher educational attainment, increased home ownership, and a rise in entrepreneurship among participants, while also potentially lowering incarceration rates.

The accounts are set to launch on July 4, 2026, with automatic enrollment for eligible newborns and opportunities for family members to contribute up to $5,000 a year.

“If every child can envision a future worth saving for, we believe this program will foster more than just accounts. It will create hope and opportunity for generations,” stated Michael Dell during the announcement.

The additional $250 investment focuses on households in zip codes with a median income below $150,000, a requirement Dell believes 80% of the country can meet. However, children under two who are already eligible for federal assistance won’t receive this extra gift.

Highlighting the far-reaching effects of their philanthropy, the Dells conveyed that they hope this initiative will help millions of children secure a better future.

Key Points to Note

• The Trump Account is aimed at all U.S. citizens born from January 1, 2025, to December 31, 2028, featuring tax-advantaged savings.
• Each account starts with a $1,000 government contribution, with family contributions allowed up to $5,000 annually. If fully funded, the account could grow significantly by the age of 28.
• Thanks to the Dells’ contribution, the first 25 million children under 10 in lower-income areas will receive an additional $250, enhancing their chances for success.