Awards
Faulkner won the 1949 Nobel Prize for Literature for "his powerful and artistically unique contribution to the modern American novel." It was awarded at the following year's banquet along with the 1950 Prize to Bertrand Russell. Faulkner detested the fame and glory that resulted from his recognition. His aversion was so great that his 17-year-old daughter learned of the Nobel Prize only when she was called to the principal’s office during the school day. He donated part of his Nobel money "to establish a fund to support and encourage new fiction writers", eventually resulting in the PEN/Faulkner Award for Fiction, and donated another part to a local Oxford bank, establishing a scholarship fund to help educate African-American teachers at Rust College in nearby Holly Springs, Mississippi.
Faulkner won two Pulitzer Prizes for what are considered "minor" novels: his 1954 novel A Fable, which took the Pulitzer in 1955, and the 1962 novel, The Reivers, which was posthumously awarded the Pulitzer in 1963. He also won the U.S. National Book Award twice, for Collected Stories in 1951 and A Fable in 1955. In 1946 he was one of three finalists for the first Ellery Queen Mystery Magazine Award and placed second to Rhea Galati.
The United States Postal Service issued a 22-cent postage stamp in his honor on August 3, 1987.
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