By THALIA BEATY | Associated Press

NEW YORK (AP) — Billionaires Michael and Susan Dell pledged $6.25 billion Tuesday to provide 25 million American children under 10 an incentive to claim the investment accounts for children created as part of President Donald Trump’s tax and spending legislation.

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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.

Its structure is also unusual. Essentially, it builds on the Trump Accounts program, where the U.S. Department of the Treasury will deposit $1,000 into investment accounts set up by Treasury for American children born

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