This excited me, because FWA, founded in 2000, is one of the most influential hubs for web design of the Flash-era in Web design (and beyond that). In my first job at an interactive agency, we would kill for an FWA award back ten. Happily, we got some eventually :)
Here's a recent interview with the founder https://www.adforum.com/interviews/fwa-founder-on-why-hes-se...
Calling FWA an "awards program" is a huge understatement in my opinion.