The White House announced Thursday that US President Barack Obama is set to donate his Nobel money to 10 charitable groups. These include groups involved in the relief operations in Haiti and those who support families of military personnel.
The White House said that the president would divide the 1.4-million dollar Nobel money that goes along with the prize among various charitable groups four months after he accepted the esteemed honour in Oslo, Norway.
Relative to this, the White House noted that a huge portion of the Nobel money would be given to Fisher House, a non-government organisation (NGO) that offers housing for US soldiers’ families, who are undergoing treatment at military hospitals.
A total of 200,000 dollars will also be given to the Clinton-Bush Haiti Fund, a charitable group which was established after the 12 January earthquake that hit Haiti. This group is managed by former US presidents George W. Bush and Bill Clinton.
Moreover, a big part of the Nobel money will be spent to back the education of minority and underprivileged students, with rewards of $125,000 to be given to four groups that are helping students coming from Appalachian, American-Indian, African-American and Hispanic communities.
Additionally, two more groups that offer educational aid and scholarships will each be receiving $125,000 in rewards.
Two more charities that are operating overseas will be getting $100,000 each. These include Central Asia Institute, which centres on the field of education in Afghanistan and Pakistan, and AfriCare, which operates mainly in sub-Saharan Africa.
