Charities get Obama's peace prize cash

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US President Barack Obama has announced which groups will get the $US1.4 million (NZ$2m) he received for winning the Nobel Peace Prize.

Obama said on Thursday that $US250,000 (NZ$357,000) will go to Fisher House, a US non-profit organisation that houses families whose loved ones are receiving care at Veterans Administration medical centres.

He will give another $US200,000 (NZ$285,000) to the Bush-Clinton Haiti Fund to help the country recover from the earthquake.

The balance will go to an array of other groups including education foundations, scholarship funds and regional development groups in Africa and Central Asia.

- AP