Some background: "On March 16, 1950, publishers, editors, writers, and critics gathered at the Waldorf-Astoria Hotel in New York City to celebrate the first annual National Book Awards, an award given to writers by writers. The American Book Publisher's Council, The Book Manufacturers' Institute, and The American Booksellers' Association jointly sponsored the Awards, bringing together the American literary community for the first time to honor the year's best work in fiction, nonfiction, and poetry. "
And they've kept on going.