The prize came with a $1.4 million monetary gift of which the president donated to ten separate charities. The charities primarily support students, veterans’ families and survivors of Haiti’s earthquake. For example, $750,000 went to six different groups that assist high school graduates with college tuition: The College Summit, The Posse Foundation, United Negro College Fund, the Hispanic Scholarship Fund, the Appalachian Leadership and Education Foundation, and the American Indian College Fund. President Obama also donated $100,000 to AfriCare, for HIV/AIDS programs and $100,000 to the Central Asia Institute.
$250,000 went to the Fisher House, which provides housing for families of Veterans in need of medical care. Another $200,000 went to the Clinton-Bush Haiti Fund to raise money for earthquake victims in Haiti.
In the early parts of his presidency, Obama openly called for an end to nuclear weapons during his visit to Prague. Prior to taking office, Obama promised to ban torture in interrogations and pledged to close Guantanamo Bay, Cuba, the military prison known for aggressive interrogation techniques.
Little Known Black History Fact: Anniversary: President Obama Receives Nobel Peace Prize was originally published on blackamericaweb.com
