Ray Dalio Matches Dell Donation for Trump Accounts in Connecticut

Ray Dalio announced a plan to match Michael Dell’s donation, with $250 per child for approximately 300,000 Connecticut kids, spurring investment in Trump’s new ‘Trump Accounts’.

This initiative aims to promote financial literacy and wealth accumulation for children in low-income areas, reflecting a significant move in philanthropy and child development efforts.

Dalio and Dell’s Joint Effort Supports 300,000 Children

Ray Dalio announced a $250 donation matching program for approximately 300,000 children under 10 in Connecticut. This initiative, which follows a similar contribution by Michael Dell, is devoted to funding Trump’s newly introduced savings accounts. These accounts were established as part of the “Working Families Tax Cuts” legislation signed into law in 2025. Ray Dalio praised the collective efforts, stating, “Barbara and I believe strongly in the importance of equal opportunity and believe this initiative is an important step in that direction.” “I have lived the American Dream. At an early age, I was exposed to the stock market, and it changed my life. By providing children with savings accounts that compound over time, we are providing them with early insights into financial literacy and a path towards financial independence. I applaud President Trump, Secretary Bessent, Michael Dell, and many others who have spearheaded this initiative. I am hopeful other philanthropists will join in this effort to help close the opportunity gap by contributing in their home states. As we enter the holidays, I can think of no better gift than the gift of opportunity.” ~ Ray Dalio, Founder, Bridgewater Associates / Dalio Philanthropies

The primary aim of the initiative is to foster financial literacy among young Americans with the hope that these early interventions will translate into long-term economic stability. By enabling children to start saving at a young age, the program intends to provide financial awareness and inspire savings habits.

Political and community leaders have lauded the generous gesture. The GOP in Connecticut’s Senate called the effort “excellent news and such amazing generosity.” This reaction underscores community and political support for initiatives targeting children’s financial education and future financial independence.

Financial Literacy Programs Set Stage for Broader Impact

Did you know? During the 2020 COVID-19 pandemic, the Dalios collaborated with the Dells to supply 60,000 laptops to Connecticut children, a prelude to their ongoing commitment to educational improvement in the region.

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According to Coincu’s research team, the ongoing support for children’s savings and financial education provided by figures like Dalio suggests positive long-term societal impacts. These philanthropic endeavors lay the groundwork for potentially deeper institutional applications as financial skills become embedded in early education initiatives.