Obama donates $1.4 M Nobel Prize to charities

President Barack Obama announced Thursday he will donate $1.4 million from his Nobel peace prize to ten charities.

Obama accepted the Nobel Peace Prize on December 10, 2009.

These organizations do extraordinary work in the United States and abroad helping students, veterans and countless others in need, said President Obama. I'm proud to support their work, Obama said in a statement.

Below is a list of the charities published by the White House:

$250,000 to Fisher House
Fisher House is a national non-profit organization that provides housing for families of patients receiving medical care.

$200,000 to the Clinton-Bush Haiti Fund
In the wake of the devastating earthquake in Haiti, President Obama asked former Presidents George W. Bush and Bill Clinton to create the Clinton-Bush Haiti Fund to raise funds for long-term relief efforts in Haiti.

$125,000 to College Summit
College Summit is a national non-profit organization that partners with high schools to strengthen college-going culture and increase college enrollment rates.

$125,000 to the Posse Foundation
The Posse Foundation is a national non-profit organization that identifies public high school students with extraordinary academic and leadership potential who may be overlooked by traditional college selection processes.

$125,000 to the United Negro College Fund
The United Negro College Fund plays a critical role in enabling more than 60,000 students each year to attend college through scholarship and internship programs.

$125,000 to the Hispanic Scholarship Fund
The Hispanic Scholarship Fund (HSF) is the nation's leading Hispanic scholarship organization, providing the Hispanic community more college scholarships and educational outreach support than any other organization in the country.

$125,000 to the Appalachian Leadership and Education Foundation
A non-profit organization that supports and enables young men and women from Appalachia to pursue higher education though scholarship and leadership curriculum.

$125,000 to the American Indian College Fund
The American Indian College Fund transforms Indian higher education by funding and creating awareness of the unique, community-based accredited Tribal Colleges and Universities, offering students access to knowledge, skills, and cultural values which enhance their communities and the country as a whole.

$100,000 to AfriCare
AfriCare addresses needs in three principal areas: health and HIV/AIDS; food security and agriculture; and water resource development.

$100,000 to the Central Asia Institute
The Central Asia Institute promotes and supports community-based education and literacy, especially for girls, in remote regions of Pakistan and Afghanistan.