By Justin Worsley
President Barack Obama has decided to donate the $1.4 million awarded to him in November when he won the Nobel Peace Prize to aid, among others, students, veterans' families and survivors of the earthquake in Haiti. The donation, he hopes, will draw attention to other organizations and contribute as well.
While complete terms of financial distribution were not disclosed, it has been reported that $750,000 will be donated to six different organizations who help under-privileged students go to college, and Fisher's House, an organization that provides housing for families with members in Veteran Administration hospitals, will receive $250,000. The rest of the $400,000 will be contributed to a variety of other groups.
Obama, who was surprised to discover he won the Nobel Peace, had planned to donate the money from the beginning.
"These organizations do extraordinary work in the United States and abroad helping students, veterans and countless others in need. I'm proud to support their work," Obama said in a statement.
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