President Obama’s Nobel Peace Prize is paying off for several charities that work with youths and young adults. The White House yesterday released a list of 10 charities that will receive portions of his $1.4 million award.
More than half of the awardees are organizations and funds that promote higher education. These groups each received $125,000:
- College Summit, which works with elementary and middle schools to encourage a “college-going culture,” and help students to be college- and career-ready when they graduate. (See “College is for Poor Kids.”)
- The Posse Foundation, which awards scholarships to public high school students whose academic abilities might be overlooked by the standard college selection processes.
- The United Negro College Fund, which helps African-American students attend college via internship programs and scholarships.
- The Appalachian Leadership and Education Foundation, which enables youth from Appalachia to pursue higher education through scholarships and a leadership curriculum.
- The American Indian College Fund, which awards scholarships to American Indian students and teaches them cultural values to enhance their American Indian communities.
- The Hispanic Scholarship Fund, which provides college scholarships and educational outreach to Latinos.