Obama Donates Nobel Peace Prize Money To Charities

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WASHINGTON — President Barack Obama has announced which groups will get the $1.4 million he received for winning the Nobel Peace Prize.

Obama said Thursday that $250,000 will go to Fisher House, a national nonprofit that houses families whose loved ones are receiving care at Veterans Administration medical centers. He will give another $200,000 to the Bush-Clinton Haiti Fund to help the country recover from the earthquake.

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The balance will go to an array of other groups including education foundations, scholarship funds and regional development groups in Africa and Central Asia.

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