Bisignano Gives $250 to Children in 11234
Frank J. Bisignano's Bisignano Family Fund is contributing $250 to Trump Accounts for eligible children ages 2 to 8 in ZIP code 11234.
Updated on Nov. 3, 2026 in Philanthropy
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On October 29, 2026, Frank J. Bisignano, head of the Social Security Administration, announced a $250 contribution to each eligible child's individual investment account in ZIP code 11234. The funds have been deposited and invested in a fund tracking leading U.S. companies.
Why it matters
The initiative directs money into individual children's investment accounts aimed at building early savings and a financial foundation for young residents of Brooklyn. Bisignano, a Brooklyn native, says the neighborhoods there shaped his life.
The Bisignano Family Fund is providing $250 to each eligible child aged 2 to 8 in ZIP code 11234, while children born between January 1, 2025 and December 31, 2028 may also receive a $1,000 Treasury seed contribution. The total number of eligible children and funded accounts was not disclosed.
The players
Frank J. Bisignano
Frank J. Bisignano is the head of the Social Security Administration and a Brooklyn native who grew up in the Old Mill Basin neighborhood.
The details
Each qualifying child receives a $250 contribution to an individual investment account, and the funds have been invested in a fund tracking leading U.S. companies. Parents and legal guardians must activate the accounts to receive contributions from family members, friends and employers.
Timeline
October 29, 2026: Bisignano announced the $250 contribution initiative.
January 1, 2025 to December 31, 2028: Birth window for eligibility to the $1,000 Treasury seed contribution.
Philanthropy Context
The donation extends the Trump Accounts program by layering a private family contribution onto the federal accounts for children in ZIP code 11234. It operates alongside the $1,000 U.S. Treasury seed contribution available to children born from 2025 through 2028.
Parents and legal guardians of eligible children must activate the accounts to receive contributions from family members, friends and employers. Children ages 2 to 8 in ZIP code 11234 are the group directly benefiting from the $250 contribution.
The takeaway
Families with eligible children in ZIP code 11234 should activate their children's accounts to receive contributions from relatives, friends and employers. Early, consistent savings in tax-deferred investment accounts can compound meaningfully over a child's lifetime.
Further reading
For related giving activity, explore more in Philanthropy.
Source note: This article includes information reported by BKReader.
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