"In her first collaboration with master director Woody Allen, Blanchett knocks it out of the park in the best performance of her already illustrious career," said Roger Durling, SBIFF executive director, in an earlier statement. "We're so grateful to be able to celebrate her achievement."
Blanchett is honored for her performance in "Blue Jasmine," in which she portrays Jasmine French, a deeply conflicted and complex woman in the throes of her world unraveling.
Blanchett took home the 2005 Academy Award for her performance in "The Aviator." She was also Oscar-nominated for her work in "Elizabeth: The Golden Age," "I'm Not There" and "Elizabeth."