The philanthropic gift will fund $250 deposits for 25 million children, with the Dells urging other donors to participate in the nationwide initiative.
Billionaire philanthropists Michael and Susan Dell have donated $6.25 billion to help launch the federal government’s new “Trump Accounts” program — an initiative designed to provide $250 savings deposits to 25 million children across the United States, according to officials involved in the rollout.
The Dells’ contribution marks one of the largest private donations ever made to support a federal economic program. Their foundation said the gift reflects a long-standing focus on expanding financial access and early-life economic security for children.
In a statement, the couple encouraged additional philanthropic partners to join the effort, saying the program can scale dramatically with more private-sector participation.
The funds will be used to seed accounts for qualifying families, with the federal government administering the infrastructure and long-term management of the program. Additional details on eligibility, rollout timelines, and future expansion are expected in the coming weeks.
