About the PEN/Faulkner Award for Fiction
The PEN/Faulkner Award for Fiction is one of the most respected literary prizes in the United States, awarded annually to the best work of fiction by an American citizen published during the prior calendar year. Founded in 1981 by a group of writers including members of PEN America, the award was established to honour William Faulkner's legacy—the prize money is seeded in part from the Nobel Prize funds Faulkner directed toward supporting younger American writers. The award is administered by PEN/Faulkner Foundation and judged each year by three fiction writers chosen from the American literary community. A shortlist of five finalists is announced each spring, with the winner receiving $15,000 and each finalist receiving $5,000. The prize is unusual in that it is judged entirely by working writers, a structure intended to ensure that the selection reflects the values of the literary craft community. Past winners include an extraordinary array of American fiction: Philip Roth, Don DeLillo, John Edgar Wideman, Alice Walker, Joyce Carol Oates, Ha Jin, Michael Cunningham, and, in more recent years, Joan Silber, Deesha Philyaw, Yiyun Li, and Garth Greenwell. The PEN/Faulkner Award often recognises ambitious, formally inventive fiction that might be overlooked by more commercially oriented prizes, making it a reliable guide to the most artistically significant American fiction of the year. The award ceremony is held in Washington, D.C., at the Folger Shakespeare Library, adding a distinctive cultural gravitas to the proceedings.