Obama donates Nobel Peace Prize money
US President Barack Obama has donated the $1.4 million that came with winning the Nobel Peace Prize to charity, the White House said on Thursday.world Updated: Mar 12, 2010 09:57 IST
US President Barack Obama has donated the $1.4 million that came with winning the Nobel Peace Prize to charity, the White House said on Thursday.
Obama divided the money up among 10 charities, with Fisher House, a non-profit that provides housing for families of patients being treated at military and veteran hospital, receiving the most at $250,000.
The Haiti relief fund set up by former presidents Bill Clinton and George W. Bush will receive $200,000.
The rest of the money will go to the College Summit, Posse Foundation, United Negro College Fund, Hispanic Scholarship Fund, Appalachian Leadership and Education Foundation, American Indian College Fund, AfriCare and the Central Asia Institute.
The Central Asia Institute promotes community based education and literacy in remote regions of Afghanistan and Pakistan, with a special focus on girls.
The Nobel committee awarded Obama the prize in October, pointing to the change of tone in Washington but prompting critics to question the pick less than a year into his presidency.
First Published: Mar 12, 2010 08:32 IST