Kathie Lee Gifford will host the event, which will be directed by Joe DiPietro. Jeremy Gilley, founder of the international non-profit peace organization Peace One Day will receive the 2006 James Hammerstein Award for his outstanding dedication to children in need.

The Only Make Believe program matches up actors with children in hospitals, allowing them to participate in performance workshops. The program debuted in 1999 at NYU Hospital Center's Rusk Institute and has since expanded to 23 facilities in the New York City area.

Tickets to the benefit are $25-$300. To order, call 646-336-1500 or visit www.onlymakebelieve.org.