Obama Donates $1.4M Nobel Cash to 10 Charities

Most goes to veterans, Haiti, and education

By Nick McMaster,  Newser Staff

Posted Mar 11, 2010 5:32 PM CST

(Newser) – President Obama has donated the $1.4 million he got with the Nobel Peace Prize to 10 charities, with a heavy emphasis on education. The most money, however, went to Fisher House, which provides care for patients at VA and military hospitals. It gets $250,000, while the Clinton-Bush Haiti fund gets $200,000.

Six other charities, all education-related, received $125,000: the College Summit; the Posse Foundation, which awards scholarships to public high school students; the Appalachian Leadership and Education Foundation; the Hispanic Scholarship Fund; and the American Indian and United Negro college funds. AfriCare and the Central Asia Institute, which works toward girls' education and literacy in Afghanistan, both received $100,000.

In this Dec. 10, 2009, file photo, President and Nobel Peace Prize laureate Barack Obama poses with his medal and diploma at the Nobel Peace Prize ceremony at City Hall  in Oslo.
In this Dec. 10, 2009, file photo, President and Nobel Peace Prize laureate Barack Obama poses with his medal and diploma at the Nobel Peace Prize ceremony at City Hall in Oslo.   (AP Photo/John McConnico, File)
President Barack Obama holds his Nobel Peace Prize diploma and medal during a ceremony in the Main Hall of Oslo City Hall in Oslo, Norway, Thursday, Dec. 10, 2009.
President Barack Obama holds his Nobel Peace Prize diploma and medal during a ceremony in the Main Hall of Oslo City Hall in Oslo, Norway, Thursday, Dec. 10, 2009.   (AP Photo/Susan Walsh)
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