Politics, Society

Obama gives Nobel Prize money to charity

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12 March 2010,10:57

Barack Obama will give his Nobel Peace Prize award money to 10 charities.

(Kazan, March 12, Tatar-inform). US President Barack Obama will give his $US1.4 million Nobel Peace Prize award money to 10 charities, including groups working on Haiti relief and supporting military families.

Four months after the US leader received the prestigious honour in Oslo, the White House said Mr Obama would split the prize money between several charitable organizations, AFP reports.

A quarter of a million dollars will go to Fisher House, a non-government organization that provides housing for the families of US soldiers being treated at military hospitals.

Another $US 200,000 will be given to the Clinton-Bush Haiti Fund, a charity set up after Haiti's devastating January 12 quake and administered by former presidents Bill Clinton and George W. Bush.

A large portion of the award money will go to support the education of underprivileged and minority students, with gifts of $US125,000 going to four groups that help students from African-American, Hispanic, American-Indian and Appalachian communities.

Two other groups that provide scholarships and educational assistance will also each get $US125,000 gifts.

Two charities that work overseas - AfriCare, which works primarily in sub-Saharan Africa, and the Central Asia Institute, which focuses on education in Pakistan and Afghanistan - will each receive $US 100,000.

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