Julianne Moore will receive this year's Hasty Pudding Woman Of The Year award.
The US actress, who stars in The Kids Are All Right, will be presented with a golden pudding pot when she picks up the annual prize.
The award is given by Harvard University's Hasty Pudding Theatricals, the oldest undergraduate drama troupe in the US.
They described Julianne, 50, who has been Oscar-nominated four times, as an "actress of exceptional range" who has "delivered outstanding work in both box-office hits and independent features".
Julianne is said to be receiving her pot at a ceremony and parade in Boston on January 27.
Anne Hathaway was named Woman Of The Year in 2010.
The awards date back to 1795 when 21 Harvard students pledged that each member of their new club would provide "a pot of hasty pudding" for each meeting.
The recipient of 2011's Man of the Year award has yet to be announced.