Washington: President Barack Obama will donate the USD 1.4 million cash award that comes with the Nobel Peace Prize to charity.
White House spokesman Robert Gibbs says it`s likely that more than one charity will share the windfall.
Gibbs says the President has yet to decide which charities will benefit from the award.
On Friday, US President Barack Obama won the 2009 Nobel peace Prize for his extraordinary efforts in strengthen international diplomacy and cooperation among people.
“Only very rarely has a person to the same extent as Obama captured the world`s attention and given its people hope for a better future,” the Norwegian Nobel committee said. “His diplomacy is founded in the concept that those who are to lead the world must do so on the basis of values and attitudes that are shared by the majority of the world`s population.”
Obama`s name had been mentioned in speculation before the award but many Nobel watchers believed it was too early to award the President.
The committee said it attached special importance to Obama`s vision of and work for a world without nuclear weapons.
Bureau Report
