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Obama's Nobel Prize money going to 10 charities

by Scott Wilson
Three months after receiving the Nobel Peace Prize, President Obama announced Thursday the charities that will benefit from his $1.4 million cash award.

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

In October, when Obama became the third sitting U.S. president to win the award, he pledged to give away the cash prize to charity. He formally accepted the prize in a December ceremony in Oslo, Norway.

Here is the list of the 10 charities and summaries of their work, according to the White House statement:

$250,000 to Fisher House
Fisher House provides housing for families of patients receiving medical care at major military and VA medical centers.

$200,000 to the Clinton-Bush Haiti Fund
The fund, headed by former Presidents George W. Bush and Bill Clinton, is raising money for long-term relief efforts in Haiti after its devastating earthquake in Haiti.

$125,000 to College Summit
College Summit partners with elementary and middle schools and school districts to strengthen college-going culture and increase college enrollment rates, so that all students graduate from high school career and college-ready.

$125,000 to the Posse Foundation
The Posse Foundation 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 Posse Scholars four-year, full-tuition leadership scholarships. The scholars graduate at a rate of 90 percent.

$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 is the nation's leading Hispanic scholarship organization, providing the Hispanic community more college scholarships and educational outreach support than any other organization in the country. In its 34-year history, the fund has awarded close to $280 million in scholarships to more than 90,000 students in need.

$125,000 to the Appalachian Leadership and Education Foundation
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 fund transforms Indian higher education by underwriting and creating awareness of the unique, community-based accredited Tribal Colleges and Universities, offering students access to knowledge, skills, and cultural values which 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 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 institute promotes and supports community-based education and literacy, especially for girls, in remote regions of Pakistan and Afghanistan. Its co-founder, Greg Mortenson, was also a Nobel Peace Prize nominee this year, whose 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.

By Scott Wilson  |  March 11, 2010; 3:51 PM ET
Categories:  44 The Obama Presidency  
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Comments

Arguably, every bit of that prize money should have been promptly deposited into the United States Treasury.

Posted by: CharlesGriffith1 | March 11, 2010 10:19 PM | Report abuse

Consideirng that 95% of Appalachia is white, your comments are off base. He is GIVNG the money directly to educational funds to help others. Cut the man some slack. You don't have to be cynical about everything. When is the last time you won 1.5 M and gave it all away?

Posted by: cadam72 | March 11, 2010 9:01 PM | Report abuse

Consideirng that 95% of Appalachia is white, your comments are off base. He is GIVNG the money directly to educational funds to help others. Cut the man some slack. You don't have to be cynical about everything. When is the last time you won 1.5 M and gave it all away?

Posted by: cadam72 | March 11, 2010 9:01 PM | Report abuse

Isn't Obama liable for income tax on the winnings? If so, he will actually be donating a large percentage of the money from his own funds.

Posted by: AnonymousBE1 | March 11, 2010 8:44 PM | Report abuse

Isn't Obama liable for income tax on the winnings? If so, he will actually be donating a large percentage of the money from his own funds.

Posted by: AnonymousBE1 | March 11, 2010 8:42 PM | Report abuse

fr sorry:

>...but I hope you all understand how our side went through 8 years of the bitterest criticism of President Bush, probably from some of the same complainers here. Turnabout is fair play.

Your little bff boyfriend dumbya lined his own pockets, got us into TWO illegal wars (not to mention the FACT that dumbya is a draft dodger!) sat reading to kindergartners about a pet goat while 9/11 was going on, told the "head" of fema that he was "doing a heckuva job" when fema was being completely mismanaged by Brown. Everybody KNEW it, too.

dumbya goes down in history as one of the WORST Presidents, right next to nixon and harding.

Posted by: Alex511 | March 11, 2010 8:32 PM | Report abuse

obama once he dispenses the money is a thief...
those funds beong to the United states treasury Department, not to obama...
he doesn't even have a bill approved from congress for him to dispose of the money...
he should be impeached for thief of funds...
does he think he is a king or something...
arrest him because he stole from the country...

Posted by: DwightCollins | March 11, 2010 8:14 PM | Report abuse

Very tall order in behavior from the President.

Kaizen = Constant Improvement = Pres. Barack Obama.

Really appreciate his idealism and spirit of philanthropy. He truly has a kind heart. And walks the talk..

Thank you.

Posted by: mdsubramonia | March 11, 2010 7:35 PM | Report abuse

To all the people complaining about the anti-Obama comments here, I feel your pain. Clearly, donating this money to charity is a good thing and doesn't deserve criticism, but I hope you all understand how our side went through 8 years of the bitterest criticism of President Bush, probably from some of the same complainers here. Turnabout is fair play.

Posted by: sorry_no_email | March 11, 2010 7:07 PM | Report abuse

I have not read the posts below but I know there will be many that put down the whole thing. My President has a big heart, a keen mind and an unmatched ability to hold this country together in this most difficult time. This is a great man and I know that in time the angry, hateful and lonely will come to see the light.

Posted by: hoser3 | March 11, 2010 6:18 PM | Report abuse

fr dan4:

>...I agree with you, the Appalachian college fund is a hoot....

Why is it "a hoot"? Don't you think that kids from Appalachia should have the funds to go to college, or do you think that they're all the typical stereotype of people from that area?

In short, move out of momma's double-wide, get a job, and grow UP.

Posted by: Alex511 | March 11, 2010 5:55 PM | Report abuse

To dottydo: I agree with you, the Appalachian college fund is a hoot. Who knew there was a "United Deliverance-Banjo-Player College Fund" out there? What's their slogan, "A gap-toothed smile is a terrible thing to waste"?

Posted by: Dan4 | March 11, 2010 5:24 PM | Report abuse

I think this story perfectly illustrates the sheer idiocy and childishness of a fairly large sector of today's Republican Party. President Obama has decided to donate his Nobel Peace Prize money, $1.4 million, to various charities. There is no down side to this. He did not have to do it, but he did. It's an incredibly noble and generous act.

Yet there will be no stopping the ignorant, petulant, nonsensical and no doubt ... a little later ... racist comments. Read their comments and explain to me what these people stand for and what they are all about besides hate and anger and racism. For our country's sake, for our children's sake, we have to stand strong and move past these people.

Posted by: jlelijah | March 11, 2010 5:21 PM | Report abuse

luckyjersey--gifts of these amounts will likely be added to an endowment and the income from that will fund scholarships for a long, long time. College also doesn't have to cost $50,000 a year--state college tuition and community colleges can provide excellent education for a fraction of the price.

Posted by: Sarahfran | March 11, 2010 4:59 PM | Report abuse

I think it's great that Obama is giving his money for education charities. That being said, with $125,000 going to these various college oriented foundations, only 2.5 students will be able to go to college for 1 year on this amount. More needs to be done to make higher education available without these types of rare donations.

Posted by: luckyjersey13 | March 11, 2010 4:31 PM | Report abuse

Just like our President to make certain that he shares "his" wealth with everyone. Very impressive list of charities; makes me proud to be an American under his leadership.

Posted by: Beingsensible | March 11, 2010 4:26 PM | Report abuse

I approve 100% - like he cared:)

Great and deserving charities. The money will help a lot of people who are underserved.

Posted by: rlj611 | March 11, 2010 4:21 PM | Report abuse

Considering that 90% of Appalachia is white, why the smart .ss comment? It looks like he tried to be broad in his approach. He gave away all of the money and did it in a way that would have direct ability to help others. Can you cut this guy some slack!

Posted by: cadam72 | March 11, 2010 4:11 PM | Report abuse

The new minority needs a "United White College fund", it appears.

Posted by: dottydo | March 11, 2010 4:05 PM | Report abuse

The comments to this entry are closed.

 
 
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