Spacey will be presented with the award at a special fundraising gala at the landmarked Gramercy Park Club in New York City Jan. 10.
In a statement Martello said, "The Players Foundation for Theatre Education is an organization devoted to promoting the arts and its ability to enrich lives. Kevin’s work thus far as an actor, director, producer, singer, patron of the arts, and educator is the embodiment of everything Edwin Booth did and the Players Foundation and the Club still do strive to represent."
Actor Denis Leary, who has appeared with Spacey in multiple motion pictures, will present the award to Spacey. Stephen Baldwin, who co-starred with Spacey in “The Usual Suspects,” will also attend.
Classical actor Edwin Booth founded The Players in 1888. The Edwin Booth Lifetime Achievement Award honors a theatre luminary for his/her body of work. Past recipients include Edward Albee, Angela Lansbury, Helen Hayes, Jose Ferrer, Jack Lemmon, Christopher Plummer, Marian Seldes and Jason Robards (to whom Spacey presented the Booth Award).
Tickets to the black-tie optional event are available for $250 ($150 is tax deductible); RSVP at (212) 475-6116. Cocktails begin at 6 PM.