President Donates Peace Prize Money

The $1.4M was spread out over ten charities.

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President Obama took his Nobel Prize beer (summit) money and gave it to ten charities. Below is a partial list

The President Donates Nobel Prize Money to Charity

WASHINGTON - President Obama today announced the charities that will receive a portion of the $1.4 million award that comes with the Nobel peace prize.

"These organizations do extraordinary work in the United States and abroad helping students, veterans and countless others in need," said President Obama. "I'm proud to support their work."

List of Charities

$250,000 to Fisher House

Fisher House is a national non-profit organization that provides housing for families of patients receiving medical care at major military and VA medical centers.

$200,000 to the Clinton-Bush Haiti Fund

In the wake of the devastating earthquake in Haiti, President Obama asked former Presidents George W. Bush and Bill Clinton to create the Clinton-Bush Haiti Fund to raise funds for long-term relief efforts in Haiti.

$125,000 to College Summit

College Summit is a national non-profit organization that 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.

Get the full list from the SOURCE: THE CHICAGO SUN-TIMES

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