Eligible Trump Accounts holders are beginning to receive a $250 gift from the Dell Foundation, launching a major private contribution aimed at expanding long-term savings opportunities for millions of American children.
Dell Foundation Starts Automatic Deposits For Eligible Accounts
The Dell Foundation said the first payments would begin moving into activated accounts on Monday, Aug. 31. The grants are designed for children born between 2016 and 2024 who meet income-based eligibility requirements and do not qualify for the separate federal seed contribution.
According to CNBC, the foundation confirmed that parents and guardians can check eligibility through Invest America, a nonprofit group working with the Dells, while account activity can be monitored through the Trump Accounts app.
The Trump Accounts, also known as 530A accounts, are available to U.S. children under age 18 who have a Social Security number.
Trump Account holders may receive $250 Dell grant starting Monday, Dell Foundation says https://t.co/syNxIFTWra
— CNBC (@CNBC) August 31, 2026
Michael Dell Funds Expansion Of Children’s Investment Accounts
Michael Dell, CEO of Dell Technologies, and his wife Susan Dell committed $6.25 billion to support additional accounts for children who are not included in the federal pilot program. The donation targets families living in ZIP codes with a median income of $150,000 or less.
The couple’s contribution could provide investment accounts for around 25 million American children, according to the Dell Foundation.
At an event in Austin with Sen. Ted Cruz, R-Texas, Michael Dell said the first deposits had already started reaching activated accounts.
“I’m very proud to say that, as of this morning, the first funds are already moving to activated accounts for children here in the great state of Texas, with children across the country to follow soon,” Michael Dell, the CEO of Dell Technologies, said Monday at an event in Austin with Sen. Ted Cruz, R-Texas.
Federal Program Includes Separate $1,000 Treasury Deposit
Children born between 2025 and 2028 can receive a one-time $1,000 deposit from the U.S. Department of the Treasury through a pilot program created to encourage early savings.
The Dell Foundation grants focus on children born before that period, providing another pathway for families to build investment accounts for future expenses.
Michael Dell has argued that early ownership of an account can influence how children view their financial future.
“What the research shows us, pretty clearly, is that when a kid has even a small account in their name, they start to see themselves differently, and that shows up in graduation rates, in homeownership, in the businesses they start,” Dell previously told CNBC in an emailed statement.
“That’s not just a financial outcome — it’s a mindset shift,” Dell said. “And when you think about every kid growing up with that sense of ownership in the American economy, the compounding effect on this country over 10, 20, 30 years is tremendous and what excites Susan and me the most.”
