Her achievements will be celebrated at a black-tie gala dinner Nov. 16 at Bacara Resort & Spa in Santa Barbara.
Kirk Douglas said in a statement, "Jessica Lange possess the three key elements in making it in this crazy business: talent, beauty, and intelligence…all of which have served her well and continue to do so. It is my honor to give her my award."
Lange made her Hollywood debut in John Guillermin's "King Kong," winning a Golden Globe for Best Acting Debut in a Motion Picture. She received Academy Awards for her performances in "Blue Sky" and "Tootsie" and has been seen on Broadway in A Streetcar Named Desire and The Glass Menagerie.
The Kirk Douglas Award for Excellence in Film serves as a fundraiser for the Santa Barbara International Film Festival, which will celebrate its 30th anniversary Jan. 27-Feb. 7, 2015.