Treasury to Accept Stock Donations for Trump Accounts
Treasury Secretary Scott Bessent announced the department will accept gifts of publicly traded stock to fund Trump Accounts; over 6 million families enrolled before the July 4 launch.
The U.S. Treasury will accept donations of publicly traded shares to fund Trump Accounts, the department announced. Donors will transfer approved shares directly to the Treasury, which will credit the stock to eligible children’s accounts consistent with donor instructions, applicable law and Treasury guidance.
The framework is aimed at philanthropists, corporate founders, foundations and wealthy families who hold wealth in equities. Allowing direct transfers of tradable shares enables donors to give stock without selling it first.
Trump Accounts were created by 2025 tax-and-spending legislation as long-term investment accounts for U.S. citizens under age 18. Parents can enroll children through a mobile app or at trumpaccounts.gov. The Treasury reported more than 6 million sign-ups before the program formally launched on July 4. About 1.4 million of those accounts are for children born between 2025 and 2028 who qualify for $1,000 in federal seed funding.
The department has not yet published a final list of which securities qualify as approved shares and has noted that donations must follow departmental guidance and existing law. The accounts are structured to track U.S. equities, a design that aligns with transfers of public company stock.
Private firms are building benefits around the program. Goldman Sachs and Morgan Stanley have announced employer matching programs that add company contributions to workers’ children’s accounts. Treasury officials estimate corporate matches could move substantial private dollars into the accounts, potentially exceeding the government’s initial seed contributions.
Observers have raised operational and policy questions, including how many large stock gifts will materialize, how the Treasury will verify donor instructions and handle conflicts of interest, and whether the program’s name could affect its durability if political control changes.
“Treasury is creating a practical pathway for large-scale private giving to support the next generation,” Treasury Secretary Scott Bessent said.
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