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Michael Dell Expects Others to Donate to Trump Accounts for Kids
Bloomberg Technology· 2025-12-04 19:24
Philanthropic Initiative Overview - The foundation focuses on children and views the Invest America Act as a platform for contributions to accounts [1] - The initiative aims to help children aged 2-10 in zip codes with a median income of $150,000 or less, who are not included in the government program, by giving 25 million children $250 each [2][3] - The initiative hopes to inspire children and provide them with hope, opportunity, and prosperity [3] Government and Corporate Involvement - The government is giving $1,000 to every newborn in an account invested in the S&P 500 [2] - Many companies are expected to match the government's contribution, with Dell Technologies already doing so [4] - The initiative has bipartisan support and is not considered a political initiative, but rather an investment in children [13][14] Future Prospects and Economic Impact - The initiative is seen as catalytic, with expectations that more philanthropists and companies will join over time [7] - Long term, investing these accounts in the S&P 500 is considered a good way to compound over time for the children [22] - The speaker anticipates economic growth and prosperity as a result of new technologies, despite potential challenges and dislocations [19]
Dell Gives $6 Billion to Fund ‘Trump Accounts’ for Kids
Bloomberg Television· 2025-12-04 16:35
Philanthropic Initiative Overview - Dells are donating $250 each to 25 million American children, totaling $6250 million, for savings and investment in personal Trump accounts [1][4] - The initiative aims to support children aged 10 and under in zip codes with a median income of $150000 or less, who are not included in the government program [3][4] Investment and Future Use - The government is providing $1000 to every newborn in an account linked to the S&P 500, compounding over time and becoming like an IRA at age 18 [2] - The funds can be used for education, starting a business, starting a family, continued savings, or buying a home [3] Corporate and Government Collaboration - The Invest America act serves as a platform for companies, families, communities, and philanthropists to contribute to these accounts [2] - Dell Technologies is matching the government's contribution, and other companies are expected to follow suit with significant gifts [5]
Pet Valu’s 2025 Companions for Change™ Fundraising Initiatives Exceed $4.3 Million
Globenewswire· 2025-12-04 12:02
Core Insights - Pet Valu's philanthropic program, Companions for Change, has raised over $4.3 million in donations for Canadian animal organizations in 2025, surpassing last year's record [3][4] - Since its inception in 2010, the program has collected nearly $37 million, all of which is distributed to animal rescues, shelters, and charities across Canada [4] - The program has provided emergency assistance during natural disasters, donating essential pet supplies to organizations aiding displaced animals [4][5] Financial Contributions - In 2025, Pet Valu committed over $450,000 to sponsorships for larger capital projects benefiting Canadian animal organizations [5] - The Companions for Change program raised over $2.3 million during Pet Appreciation Month, marking its highest donations to date [8] Community Engagement - Pet Valu collaborates with local animal rescues to facilitate in-store adoption events, helping find homes for over 53,000 homeless pets since 2010, including more than 1,500 this year [8] - The program includes various fundraising initiatives, such as the "give-what-you-can" calendar, with all proceeds supporting the Companions for Change program [8] Support for Dog Guides - Pet Valu sponsors the Lions Foundation of Canada Dog Guides, contributing to their annual fundraising events and providing food for dogs in training [6]
Pet Valu's 2025 Companions for Change™ Fundraising Initiatives Exceed $4.3 Million
Globenewswire· 2025-12-04 12:02
Core Insights - Pet Valu's philanthropic program, Companions for Change, has achieved over $4.3 million in donations for Canadian animal organizations in 2025, surpassing previous records [1][2] - Since its inception in 2010, the program has raised nearly $37 million, all of which is allocated to animal rescues, shelters, and charities across Canada [2] - The program has provided essential supplies to displaced animals affected by wildfires and floods in 2025, including food and other necessities [2][3] Donations and Fundraising - In 2025, Pet Valu committed over $450,000 to sponsorships for capital projects benefiting animal organizations, including mobile vet clinics and transport vehicles [3] - Pet Appreciation Month in June raised over $2.3 million in donations, marking the highest amount to date for this initiative [6] - The Companions for Change program also includes a "give-what-you-can" calendar for holiday donations, with proceeds supporting the program [6] Community Engagement - Pet Valu has facilitated the adoption of over 53,000 homeless pets since 2010, with more than 1,500 adoptions occurring in the current year [5] - The company collaborates with local animal rescues to host in-store adoption events, enhancing community involvement [5] - Pet Valu continues to support the Lions Foundation of Canada Dog Guides through various sponsorships and fundraising events [4] Company Overview - Pet Valu is Canada's leading retailer of pet food and supplies, operating over 800 locations nationwide [8] - The company has a strong reputation built over 45 years, offering a wide range of products and services to pet owners [8] - Pet Valu's shares are traded on the Toronto Stock Exchange under the ticker TSX: PET [8]
Michael Dell’s $6.25 Billion Gift Could Change America Forever
Hello everyone. There's major breaking news in America today. Michael Dell, the famous investor and entrepreneur, he's announced a $6.25% billion donation that could change America forever. This is crazy and we're going to break it down. Elon Musk is then going to explain how the world's richest man invests his money and I will break down for you what's happening with correlations between stocks, gold, and Bitcoin. We're live today from the desk of Anthony Pompiano. Before we get into today's episode, remem ...
HSBC Commits $4 Million to Propel Resilient Job Growth and Strengthen Urban Communities
Businesswire· 2025-12-02 19:29
NEW YORK--(BUSINESS WIRE)--HSBC Bank USA announced today that it has allocated nearly $4 million for philanthropic causes to eight national and local non-profit organizations that are creating resilient employment pathways and healthier urban environments. The bank's philanthropic strategy prioritizes two intertwined approaches: Job training and workforce readiness: supporting adults from low-and-moderate income backgrounds who face systemic barriers to employment. Urban environmental resilienc. ...
How To Live Many Lives in One | Sunil Bhandari | TEDxRPGIS Youth
TEDx Talks· 2025-12-02 17:25
Career & Personal Development - The speaker initially pursued chartered accountancy due to parental expectations, despite a passion for English literature [1] - The speaker emphasizes the importance of pursuing passions alongside professional responsibilities, advocating for a "gloriously messy" life [5] - The speaker highlights the need to "excavate minutes" from the day to pursue passions, waking up early and utilizing lunch breaks [6][7] - The speaker encourages individuals to share their talents with the world, rather than hiding them [3][4] - The speaker advocates for living "many lives in one" and embracing courage, resilience, and failures [8][9] Social Impact & Philanthropy - The speaker's involvement in social work through Social Venture Partners (SVP) led to a realization that philanthropy is about active involvement and compassion [2] - The speaker worked with children with special needs, abandoned animals, and trafficked women, providing support and compassion [2] Writing & Creative Expression - The speaker secretly wrote poems and stories, even writing on the back of envelopes and wrists [2] - The speaker's spiritual retreat and advice from a teacher encouraged the sharing of creative work [2][3] - The speaker launched a podcast, "Uncut Poetry," which reached people in over 70 countries [4]
X @Anthony Pompliano 🌪
Anthony Pompliano 🌪· 2025-12-02 17:00
Michael and Susan Dell are donating $6.25 billion to fund Invest America Accounts for 25 million children in America.This type of direct philanthropy will only become more popular as people look for ways to circumvent NGOs and directly help their intended groups. https://t.co/Ox88Ft7ffv ...
Michael Dell to put $250 in millions of children’s accounts
Yahoo Finance· 2025-12-02 14:28
Core Points - Michael and Susan Dell are initiating a philanthropic effort to provide $250 deposits in individual investment accounts for 25 million children, totaling $6.25 billion [1][2] - The initiative expands eligibility to children up to 10 years old from families living in areas with a median household income below $150,000 [2] - The accounts, known as "Trump accounts," will allow deposits of up to $5,000 per year until the child turns 18, with tax-free growth but taxable withdrawals [3] Financial Structure - The U.S. government will establish the investment accounts next year, with specific operational details yet to be announced [2] - The Dells' contribution aims to enhance opportunities and community strength, helping children take ownership of their financial futures [3] Background Information - Michael Dell, founder of Dell Technologies, has a personal fortune of nearly $150 billion, reflecting significant wealth accumulation through direct-to-consumer sales strategies [4]
X @Bloomberg
Bloomberg· 2025-12-02 12:50
In an unprecedented philanthropic gift, Michael and Susan Dell will give 25 million American children $250 each to jumpstart an investment account for their futures https://t.co/RgNnrggg4B ...