Politics

Obama gives $1.4 million Nobel prize to charity

By theGrio

3:49 PM on 03/11/2010

READ MORE: Barack Obama, Charity, Earthquake, Haiti, Nobel Peace Prize

COMMENT NOW

Join Our Mailing List

Related News: Komen won't cut breast-screening grants to Planned Parenthood; Democrats sing their version of 'Lets Stay Together' for Obama; The 10 most memorable presidential campaign themes (SLIDESHOW)

Share Bar

US President and Nobel Peace Prize laureate Barack Obama, right recieves his medal and diploma from the the Chairman of the Nobel committee Thorbjorn Jagland, left at the Nobel Peace Prize ceremony at City Hall in Oslo, Thursday, Dec. 10, 2009. (AP Photo Bjorn Sigurdson/ Scanpix Norway, Pool)

WASHINGTON (AP) -- President Barack Obama has announced which groups will get the $1.4 million he received for winning the Nobel Peace Prize.

Obama said Thursday that $250,000 will go to Fisher House, a national nonprofit that houses families whose loved ones are receiving care at Veterans Administration medical centers. He will give another $200,000 to the Bush-Clinton Haiti Fund to help the country recover from the earthquake.

The balance will go to an array of other groups including education foundations, scholarship funds and regional development groups in Africa and Central Asia.

WATCH THIS NIGHTLY NEWS REPORT ON OBAMA'S DONATION:

Visit msnbc.com for breaking news, world news, and news about the economy