Obama gives $1.4 million Nobel prize to 10 charities

President and Nobel Peace Prize laureate Barack Obama laughs after receiving his medal and diploma from Nobel committee chairman Thorbjorn Jagland at the Nobel Peace Prize ceremony at City Hall in Oslo in this December 10, 2009 file photo. REUTERS/John McConnico/Pool

President and Nobel Peace Prize laureate Barack Obama laughs after receiving his medal and diploma from Nobel committee chairman Thorbjorn Jagland at the Nobel Peace Prize ceremony at City Hall in Oslo in this December 10, 2009 file photo.

Credit: Reuters/John McConnico/Pool

WASHINGTON | Thu Mar 11, 2010 4:46pm EST

WASHINGTON (Reuters) - President Barack Obama on Thursday named 10 charities to share his $1.4 million Nobel Peace Prize, with causes ranging from wounded veterans to Haiti's earthquake survivors and education for minorities.

"These organizations do extraordinary work in the United States and abroad helping students and veterans and countless others in need," Obama said in a statement.

He had vowed to donate the prize money to charity after unexpectedly winning the prestigious prize last year, and his selection included some politically important domestic constituencies.

The White House said $250,000, the largest single amount, will go to Fisher House, which houses families of wounded veterans while they receive treatment.

This was followed by a $200,000 donation to the Clinton-Bush Haiti Fund, set up by former Presidents Bill Clinton and George W. Bush at Obama's request to help survivors of Haiti's January earthquake.

Following is a breakdown of Obama's donations:

- $250,000 to Fisher House, a national nonprofit organization providing accommodation for families of patients receiving medical care at military and Department of Veterans Affairs medical centers.

- $200,000 to the Clinton-Bush Haiti Fund, which was set up in the aftermath of the Haitian earthquake to help survivors.

- $125,000 to College Summit, a national nonprofit organization to increase college enrollment rates.

- $125,000 to the Posse Foundation, which awards scholarships to promising public high school students.

- $125,000 to the United Negro College Fund.

- $125,000 to the Hispanic Scholarship Fund.

_ $125,000 to the American Indian College Fund.

- $125,000 to the Appalachian Leadership and Education Foundation.

- $100,000 to AfriCare, which promotes health, food security and access to water primarily in Africa.

- $100,000 to the Central Asia Institute, which education and literacy, especially for girls, in remote regions of Pakistan and Afghanistan.

(Reporting by Alister Bull; editing by Mohammad Zargham)

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Comments (13)
Shamba wrote:
Central Asian Institute is run by Greg Mortenson who wrote Three Cups of Tea an excellent choice

Mar 11, 2010 5:36pm EST  --  Report as abuse
TheCoach817 wrote:
So I wonder how much interest has accrued while he was making his decision about the charities. Not a bad little deal for BHO there, especially since most people thought that he donated it back in January.

Mar 11, 2010 5:37pm EST  --  Report as abuse
bruceben9 wrote:
i did not for for obama but…..i think the coaches comment is rather childish.

Mar 11, 2010 5:44pm EST  --  Report as abuse
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