Obama gives away $1.4M Nobel prize

The president distributes his prize money among charities and organizations


Associated Press
March 12, 2010 1:56AM (UTC)

President Barack Obama has announced which groups will get the $1.4 million he received for winning the Nobel Peace Prize.

Obama said Thursday that $250,000 will go to Fisher House, a national nonprofit that houses families whose loved ones are receiving care at Veterans Administration medical centers. He will give another $200,000 to the Bush-Clinton Haiti Fund to help the country recover from the earthquake.

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The balance will go to an array of other groups including education foundations, scholarship funds and regional development groups in Africa and Central Asia.


Associated Press

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