(CNN) — Michael and Susan Dell are donating $6.25 billion to fund investment accounts for at least 25 million American children.

The enormous pledge will go toward funding “Trump Accounts,” which will provide parents an investment account to manage on behalf of their children. The “Trump Accounts” were proposed this summer as part of President Donald Trump’s “One Big Beautiful Bill Act” and are set to launch in 2026.

The Treasury Department is set to fund $1,000 for every “Trump Account” for all US citizen children born between January 2025 and January 2029.

The Dells’ charitable gift will go toward children ages 10 and under who were born before the cut-off for the Treasury’s funding. The Dells’ donation will fund $250 deposits for investment accounts for at least 25 million childre

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