Obama donates Nobel money

President Obama came through on his previous promise to donate his Nobel Prize money - $1.4 million - to charity. Mr Obama announced the 10 diverse causes that will received a portion of his award on Thursday. The largest award will go to a non-profit group that supports the families of gravely wounded troops.

“These organizations do extraordinary work in the United States and abroad helping students, veterans and countless others in need,” Mr. Obama said. “I’m proud to support their work.”

The amount of the money and respective charities:

• $250,000 to Fisher House (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 (Organized by former Presidents George W. Bush and Bill Clinton to raise funds for long-term relief efforts in Haiti.)

• $125,000 to College Summit (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).

• $125,000 to the Posse Foundation (a national non-profit that identifies public high school students with extraordinary academic and leadership potential who may be overlooked by traditional college selection processes.)

• $125,000 to the United Negro College Fund

• $125,000 to the Hispanic Scholarship Fund

• $125,000 to the Appalachian Leadership and Education Foundation (non-profit organization that supports Appalachian youth to pursue higher education though scholarship and leadership curriculum.)

• $125,000 to the American Indian College Fund

• $100,000 to AfriCare (Supports programs in Sub-Saharan Africa that address health and HIV/AIDS; food security and agriculture; and water resource development.)

• $100,000 to the Central Asian Institute (Supports community-based education and literacy, especially for girls, in remote regions of Pakistan and Afghanistan.)