"The historic gift has little precedent, with few single charitable commitments in the past 25 years exceeding $1 billion, much less multiple billions. Announced on GivingTuesday, the Dells believe it's the largest single private commitment made to U.S. children. It is also unusual in that it will operate through investment accounts set up by the U.S. Department of the Treasury that will be managed by private companies."
"Through their gift, the Dells will deposit $250 into each qualified child's investment account, which they said the Treasury plans to launch on July 4, 2026. Dell said they wanted to mark the 250th anniversary of U.S. independence. "We want these kids to know that not only do their families care, but their communities care, their government, their country cares about them," said Susan Dell. "And we're all rooting for them to have a wonderful future, a bright future, and that that's available to them.""
Michael and Susan Dell pledged $6.25 billion to provide $250 each into new investment accounts for 25 million American children under age 10. The accounts are created by recently passed federal tax and spending legislation and will be set up by the U.S. Department of the Treasury but managed by private companies. The Dells announced the gift on GivingTuesday and described it as an effort to build hope, opportunity and long-term prosperity. The law also requires the Treasury to deposit $1,000 into accounts for children born 2025–2028 invested in a market-tracking index fund.
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