Obama Gives $1.4 Million Nobel Prize to 10 Chariti

Reuters
3/12/2010

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.


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