Obama Donates Peace Prize Money

All $1.4 million awarded to President Obama in conjunction with his Nobel Peace Prize is going to 10 charities, including the Clinton-Bush Haiti Fund and the United Negro College Fund. The money comes in tandem with the Nobel Peace Prize he was awarded last October for his work toward global peace. At $250,000, the most money went to Fisher House, which "provides housing for families of patients being cared for at major military and VA medical centers." The next highest recipient was the Clinton-Bush Haiti Fund, which received $200,000. "These organizations do extraordinary work in the United States and abroad helping students, veterans, and countless others in need," President Obama said in a statement. "I'm proud to support their work."