Thursday, March 11, 2010

President Obama Gives His Nobel Peace Prize Money To Charity

Ten charities will split the $1.4 million awarded to President Obama as part of the Nobel Peace Prize, the White House announced today.

"These organizations do extraordinary work in the United States and abroad, helping students, veterans and countless others in need," Obama said in a statement. "I'm proud to support their work."

$250,000 to Fisher HouseFisher House is a national non-profit organization that provides housing for families of patients receiving medical care at major military and Veterans Administration medical centers.

$200,000 to the Clinton-Bush Haiti Fund In the wake of the devastating earthquake in Haiti, Obama asked former presidents George W. Bush and Bill Clinton to create the Clinton-Bush Haiti Fund to raise money for long-term relief efforts in Haiti.

$125,000 to College SummitCollege Summit is a national non-profit organization that partners with high schools to strengthen college-going culture and increase college enrollment rates, so all students graduate from high school ready for college and a career.

$125,000 to the Posse Foundation The Posse Foundation is a national non-profit organization that identifies public high school students with extraordinary academic and leadership potential who may be overlooked by traditional college selection processes. Posse's college and university partners award scholars four-year, full-tuition leadership scholarships. The scholars graduate at a rate of 90%.

$125,000 to the United Negro College Fund The United Negro College Fund plays a critical role in enabling more than 60,000 students each year to attend college through scholarship and internship programs.

$125,000 to the Hispanic Scholarship Fund The Hispanic Scholarship Fund (HSF) is the nation's leading Hispanic scholarship organization, providing Hispanics more college scholarships and educational outreach support than any other organization in the country. In its 34-year history, the Hispanic Scholarship Fund has awarded close to $280 million in scholarships to more than 90,000 students.

$125,000 to the Appalachian Leadership and Education Foundation A non-profit organization funded by foundations and companies, ALEF supports and enables young men and women from Appalachia to pursue higher education though scholarship and leadership curriculum.

$125,000 to the American Indian College Fund The American Indian College Fund transforms Indian higher education by funding and creating awareness of the unique, community-based, accredited tribal colleges and universities, offering students access to knowledge, skills and cultural values that enhance their communities and the country as a whole. The fund disburses approximately 6,000 scholarships annually for American Indian students seeking to better their lives through higher education. The fund also provides support for tribal college needs, ranging from capital support to cultural preservation curricula.

$100,000 to AfriCare AfriCare was founded in 1970 and has more projects in Africa than any other U.S.-based charity, reaching communities in 25 countries, primarily in sub-Saharan Africa. Its programs address needs in three principal areas: health and HIV/AIDS; food security and agriculture; and water resource development.

$100,000 to the Central Asia Institute The Central Asia Institute promotes and supports community-based education and literacy, especially for girls, in remote regions of Pakistan and Afghanistan. The institute's co-founder, Greg Mortenson, was also a Nobel Peace Prize nominee this year. His book, Three Cups of Tea: One Man's Mission to Promote Peace, One School at a Time, recounts his attempt to successfully establish dozens of schools and promote girls' education in rural Afghanistan and Pakistan.

Source: USA Today

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