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President Obama Spreads the Nobel Prize Wealth Around

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After months of speculation (and even some criticism), President Obama has announced the names of organizations and amounts of money he is donating his Nobel Prize money to. True to form, the President made a diverse and balanced slate of organizations. For example, on education, he donated $125k each to the United Negro College Fund, the Hispanic College Fund, and the Appalachian Leadership and Education Foundation. There will surely be some who will criticize the President, perhaps feeling he should have given more to Haiti relief ($200k), but the list seems to reflect the values he has consistently portrayed.

Fox News’ Shep Smith has the announcement, including the list of organizations.

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  • The Real Royal King

    Worthy causes all …. Most gracious ….

  • marcus.lewis

    Wow!! He did give 100K to CAI (Greg Mortenson). I’m happy for that… I hope Mortenson wins the nobel prize this year.

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