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Updated Saturday, March 13, 2010 11:45 am TWN, AFP Obama Nobel money goes to ten charitiesFour months after the US leader received the prestigious honor in Oslo, the White House said he would split the US$1.4 million that comes with the prize between several charitable organizations. A quarter of a million dollars will go to Fisher House, an NGO that provides housing for the families of US soldiers being treated at military hospitals, the White House said. Another US$200,000 will be given to the Clinton-Bush Haiti Fund, a charity set up after Haiti's devastating January 12 quake and administered by former presidents Bill Clinton and George W. Bush. A large portion of the award money will go to support the education of underprivileged and minority students, with gifts of US$125,000 going to four groups that help students from African-American, Hispanic, American-Indian and Appalachian communities. Two other groups that provide scholarships and educational assistance will also each get 125,000 dollar gifts. Two charities that work overseas — AfriCare, which works primarily in sub-Saharan Africa, and the Central Asia Institute, which focuses on education in Pakistan and Afghanistan — will each receive US$100,000. Subscribe to The China Post and save 25%. Click here |
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