Exciting announcement regarding The Posse Foundation recognition by President Obama
The Penn Club of Miami is excited to share with you this great news!
The Penn Club of Miami
The Penn Alumni Group in Miami is proud to share some exciting news: The
Posse Foundation, which recently entered into a partnership with Penn, has been
selected by President Obama as one of only 10 organizations to receive a portion
of his $1.4 million Nobel Peace Prize award money (press release below).
The Posse Foundation, one of the most comprehensive college access and youth
leadership programs in the nation, opened in Miami in 2009 and formed a
partnership with Penn to offer outstanding young student leaders from Miami
public schools the opportunity to pursue an Ivy League education. The first Penn
Posse has been selected and will be attending Penn next fall, and the second
cohort is already in the process of being recruited. To get involved or learn
more about Posse, call 305-377-3990, or visit
THE WHITE HOUSE
Office of the Press Secretary
March 11, 2010
The President Donates Nobel Prize
Money to Charity
WASHINGTON – President Obama today announced the
charities that will receive a portion of the $1.4 million award that comes with
the Nobel peace prize.
“These organizations do extraordinary work in the
United States and abroad helping students, veterans and countless others in
need,” said President Obama. “I’m proud to support their work.”
$250,000 to Fisher House
Fisher House is a national
non-profit organization that provides housing for families of patients receiving
medical care at major military and VA medical centers.
$200,000 to the
Clinton-Bush Haiti Fund
In the wake of the devastating earthquake in
Haiti, President Obama asked former Presidents George W. Bush and Bill Clinton
to create the Clinton-Bush Haiti Fund to raise funds for long-term relief
efforts in Haiti.
$125,000 to College Summit
College Summit is a
national non-profit organization that partners with elementary and middle
schools and school districts to strengthen college-going culture and increase
college enrollment rates, so that all students graduate from high school career
$125,000 to the Posse Foundation
Foundation is a national non-profit organization that identifies public high
school students with extraordinary academic and leadership potential who may be
overlooked by traditional college selection processes. Posse’s college and
university partners award Posse Scholars four-year, full-tuition leadership
scholarships. The scholars graduate at a rate of 90 percent.
the United Negro College Fund
The United Negro College Fund plays a
critical role in enabling more than 60,000 students each year to attend college
through scholarship and internship programs.
$125,000 to the Hispanic
The Hispanic Scholarship Fund (HSF) is the nation's
leading Hispanic scholarship organization, providing the Hispanic community more
college scholarships and educational outreach support than any other
organization in the country. In its 34 year history, the Hispanic Scholarship
Fund has awarded close to $280M in scholarships to more than 90,000 students in
$125,000 to the Appalachian Leadership and Education Foundation
A non-profit organization funded by foundations and companies, ALEF supports
and enables young men and women from Appalachia to pursue higher education
though scholarship and leadership curriculum.
$125,000 to the American
Indian College Fund
The American Indian College Fund transforms Indian
higher education by funding and creating awareness of the unique,
community-based accredited Tribal Colleges and Universities, offering students
access to knowledge, skills, and cultural values which enhance their communities
and the country as a whole. The Fund disburses approximately 6,000 scholarships
annually for American Indian students seeking to better their lives through
higher education. The Fund also provides support for tribal college needs,
ranging from capital support to cultural preservation curricula.
AfriCare was founded in 1970 and has more projects in Africa
than any other U.S. based charity, reaching communities in 25 countries,
primarily in Sub-Saharan Africa. Its programs address needs in three principal
areas: health and HIV/AIDS; food security and agriculture; and water resource
$100,000 to the Central Asia Institute
Asia Institute promotes and supports community-based education and literacy,
especially for girls, in remote regions of Pakistan and Afghanistan. The
Institute’s co-founder, Greg Mortenson, was also a Nobel Peace Prize nominee
this year, whose book, Three Cups of Tea: One Man’s Mission to Promote Peace,
One School at a Time, recounts his attempt to successfully establish dozens of
schools and promote girls’ education in rural Afghanistan and Pakistan.