Obama Names Charities to Share His $1.4-Million Nobel Award

President Obama today announced a list of 10 charities that will share his $1.4-million Nobel Peace Prize award.

“These organizations do extraordinary work in the United States and abroad helping students, veterans, and countless others in need,” he said in a statement.

The organizations are:

• Fisher House, which provides housing for families of patients at major military and Veterans Administration medical centers — $250,000

• Clinton Bush Haiti Fund, which raises money to help Haiti recover from the recent earthquake — $200,000

• American Indian College Fund, which offers scholarships and helps tribal colleges — $125,000

• Appalachian Leadership and Education Foundation, which helps young people in Appalachia pursue higher education — $125,000

• College Summit, which works with elementary and middle schools and school districts to increase college enrollment rates — $125,000

• Hispanic Scholarship Fund, which provides college scholarships — $125,000

• The Posse Foundation, which steers college scholarships to promising public shool students who may be overlooked by traditional college-selection processes — $125,000

• United Negro College Fund, which offers scholarship and internship programs — $125,000

• Africare, which operates health, food, and water programs, primarily in sub-Saharan Africa — $100,000

• Central Asia Institute, which promotes education and literacy, especially for girls, in remote regions of Pakistan and Afghanistan — $100,000. (The co-founder, Greg Mortenson, is author of the book Three Cups of Tea: One Man’s Mission to Promote Peace, One School at a Time.)