Obama donating his Nobel money
WASHINGTON – President Obama plans to donate the $1.4 million from his Nobel Peace Prize to helping students, veterans’ families and survivors of Haiti’s earthquake, among others, drawing attention to organizations he said “do extraordinary work.”
Fisher’s House, which provides housing for families with loved ones at Veterans Administration hospitals, will receive $250,000, the White House said Thursday. And the Clinton-Bush Haiti Fund, for which two former presidents are raising money to rebuild earthquake-ravaged Haiti, will receive $200,000.
In addition, Obama plans to give $125,000 apiece to groups that help students go to college: College Summit, a national non-profit that works with elementary and middle school students to boost college enrollment rates; the Posse Foundation, which gives full college scholarships to public school students who might be overlooked by traditional scholarship programs; United Negro College Fund; the Hispanic Scholarship Fund; the Appalachian Leadership and Education Foundation; and the American Indian College Fund.
And Obama is donating $100,000 to AfriCare, which funds HIV/AIDS programs, public health programs, water resource development and agriculture in 25 countries in sub-Saharan Africa. He will give $100,000 to the Central Asia Institute, which promotes education for girls in Pakistan and Afghanistan.
Obama was chosen for the Nobel award more for his aspirations and approach than his accomplishments thus far.
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