President Obama Announces Charities To Receive His Nobel Peace Prize Winnings

POLITICS

» by tffhthewriter March 12, 2010, 15:40pm

President Barak Obama has announced the charities in which he has decided to donate his $1.4 million dollar Nobel Peace Prize award money to.

On Thursday (March 11), President Obama stated that the money will be split among charities including an array of educational foundations, scholarship funds and regional development groups in Africa and Central Asia.

Here in the United States, President Obama has allocated $250,000 to be awarded to the Fisher House, a national non profit that houses families who's loved ones are receiving care at Veterans Administration medical centers.

He will also give another $200,000 to the Bush-Clinton Haiti fund to help aid in the country's recovery from the devastating earthquakes.

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