The Lord Loveth a Cheerful Nobel Laureate

Barack Obama Nobel Laureate

The White House is reporting that Nobel Laureate Barack Obama has received his $1.4 million Nobel Peace Prize.

President Obama has kept his word by vowing to donate the prize money to charity after he unexpectedly won the prestigious prize last year.

On Thursday, he named 10 charitable organizations to share the entire prize with. According to President Obama, "These organizations do extraordinary work in the United States and abroad helping students and veterans and countless others in need."

Following is a list of the 10 charitable organizations that benefited from the President's $1.4 million Nobel Peace Prize :

$250,000 to Fisher House, a national nonprofit organization providing accommodation for families of patients receiving medical care at military and Department of Veterans Affairs medical centers.
$125,000 to College Summit, a national nonprofit organization to increase college enrollment rates.
$125,000 to the Posse Foundation, which awards scholarships to promising public high school students.
$125,000 to the United Negro College Fund.
$125,000 to the Hispanic Scholarship Fund.
$125,000 to the American Indian College Fund.
$125,000 to the Appalachian Leadership and Education Foundation.
$100,000 to AfriCare, which promotes health, food security and access to water primarily in Africa.
$100,000 to the Central Asia Institute, which education and literacy, especially for girls, in remote regions of Pakistan and Afghanistan.

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