Martin Luther King, Jr received Nobel Peace Prize (1964)
In 1954, Martin Luther King Jr became pastor of the Dexter Avenue Baptist Church in Montgomery, Alabama. In 1957 he was elected president of the Southern Christian Leadership Conference, an organization formed to provide new leadership for the now burgeoning civil rights movement. At the age of thirty-five, Martin Luther King, Jr., was the youngest man to have received the Nobel Peace Prize. When notified of his selection, he announced that he would turn over the prize money of $54,123 to the furtherance of the civil rights movement.