Coldplay and the Foo Fighters will both perform in Los Angeles next February at a gala ceremony honouring Neil Diamond.
Adele, John Mayer and Jennifer Hudson are also scheduled to appear at the Convention Center on February 6th.
Diamond, who will also perform, was named MusiCares 2008 Person of the Year for his charitable work.
The singer, who recently donated aid to the relief fund established in the wake of Hurricane Ike, joins past honorees Bono, Aretha Franklin and Brian Wilson.
The MusiCares program ensures that musicians have help in times of personal and financial difficulties.
The gala ceremony will take place two days before the Grammy Awards.
As previously reported on Gigwise, Lil' Wayne, Coldplay and Kanye West are among the acts nominated for prizes.
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