How Barack Obama Made His Fortune
The Nobel Peace Prize Money
When Obama received the Nobel Peace Prize in 2009, he told the prize committee to wire the money directly to the following charities:
$250,000 to Fisher House, which gives free housing to veterans and military families getting medical treatment.
$200,000, plus any remaining unallocated money, to the Clinton-Bush Haiti Fund of the Clinton Foundation, a fund that helped rebuild Haiti in the aftermath of the devastating earthquake.
$125,000 to the American Indian College Fund, which gives scholarships to Native Americans.
$125,000 to the Appalachian Leadership and Education Foundation, which gives scholarships to low-income residents of the Appalachia region.
$125,000 to College Summit, an organization that aims to raise college enrollment rates.$125,000 to the Posse Foundation, which provides full scholarships to extraordinary high school students.
$125,000 to the Hispanic Scholarship Fund, which gives scholarships to Latino students
$125,000 to the United Negro College Fund, which gives scholarships to Black students
$100,000 to Africare, an organization that builds wells and treats disease in Africa.<br
$100,000 to the Central Asia Institute, which focuses on education and public health, primarily for girls in Central Asia.