President Obama Donates Us$125,000 Of Nobel Prize Money To American Indian College Fund

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12th March 2010, 04:04pm - Views: 980






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MEDIA RELEASE PR38723



President Obama Donates US$125,000 of Nobel Prize Money to American Indian College Fund


DENVER, Mar. 12 /PRNewswire-AsiaNet/ --


    President Obama announced today that he will donate US$125,000 of his

US$1.4 million Nobel Peace Prize monies to the American Indian College Fund

(the Fund). In a statement issued by the White House, Obama said of the Fund

and nine other charity organizations that received donations from the

president, "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."


    "We are thrilled that President Obama has chosen to publicly acknowledge

the work the American Indian College Fund is doing in Indian Country by

sharing US$125,000 of his prestigious Nobel Peace Prize award with us," said

Richard B. Williams, President and CEO of the American Indian College Fund.

"As a result of President Obama's vision and leadership, through his donation

to the Fund along with nine other outstanding charities, he is setting an

example for how all Americans can help those less fortunate. The gift will be

used to support Native scholarships at America's 33 accredited tribal

colleges and universities."


    According to the White House Statement, these charities include 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.


    About the American Indian College Fund

    With its credo "Educating the Mind and Spirit," the American Indian

College Fund is the nation's largest provider of private scholarships for

American Indian students, providing an average of 6,000 scholarships annually

for students seeking to better their lives and communities through education

and support to the nation's 33 accredited tribal colleges and universities.

For more information about the American Indian College Fund, please visit



     SOURCE: American Indian College Fund


    CONTACT: Dina Horwedel, Director, Public Education 

             +1-303-430-5350 (direct)

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             or +1-720-394-8073 (cell)

             dhorwedel@collegefund.org


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