Monday, March 15, 2010

Obama Gives Portion of Peace Prize to Indian College Fund

It’s been a great first quarter for the American Indian College Fund. First came the announcement in February that the late actress Bea Arthur left the organization $100,000. Last week, the Fund announced via press release that President Obama is donating $125,000 from the $1.4 million Nobel Peace Prize that he was awarded.

The Fund is among nine charitable organizations getting a piece of Obama’s Nobel Prize. The others are: Fisher House, which provides housing for families of patients receiving medical care at major military and VA medical centers; the Clinton-Bush Haiti Fund, which raises money for long-term relief efforts in Haiti after its earthquake; College Summit, which partners with elementary and middle schools and school districts to increase college enrollment and student preparation; the Posse Foundation, a scholarship organization which identifies public high school students with academic and leadership potential who may be overlooked by traditional college selection processes; the United Negro College Fund, which helps 60,000 students yearly to attend college through scholarship and internship programs; the Hispanic Scholarship Fund, the nation's leading Hispanic scholarship organization; the Appalachian Leadership and Education Foundation, which supports and enables young Appalachians to pursue higher education though scholarship and leadership curriculum; AfriCare, which supports health and HIV/AIDS, food security and agriculture, and water resource development projects in 25 countries; and the Central Asia Institute, which promotes and supports community-based education and literacy, especially for girls, in remote regions of Pakistan and Afghanistan.

The president stated in the release, "These organizations do extraordinary work in the United States and abroad helping students, veterans and countless others in need. I'm proud to support their work."

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