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Obama to donate Nobel Peace Prize money to charities
US President Barack Obama has decided to donate his about $1.4 million Nobel Peace prize money to charities. However, no decision has been made which charities or charity would get the prize money which the President would receive from the Nobel Committee at a function later this year. Careergraph | Nobel winners of 2009: In pics| See Special | Why Obama got it? | Text of Obama's Nobel acceptance speech
US President Barack Obama has decided to donate his about $1.4 million Nobel Peace prize money to charities.
However, no decision has been made which charities or charity would get the prize money which the President would receive from the Nobel Committee at a function later this year.
White House spokesman Robert Gibbs said that Obama would himself travel to Oslo to receive the award.
Obama, who was himself surprised by this announcement, said the Nobel Peace award to him represents hopes of millions and millions throughout the world and is not just the achievements of one person.
It represents the life and the world that they want to live in -- whether that's a world without nuclear weapons, a world without the spread of weapons of mass destruction, a world with peace in the Middle East, a world that addresses climate change, he said.
