Variety reports that the versatile artist will be among the headliners at a Sept. 16 fundraiser at the Beverly Wilshire Hotel, which holds approximately 700 people. Tickets are priced $2,500. Steven Spielberg, Jeffrey Katzenberg and David Geffen — of DreamWorks — are co-hosting the event with Andy Spahn and the Obama campaign.

Although Streisand had supported Hillary Clinton during the primaries, once Obama secured the democratic nomination, she endorsed him. About that decision, she writes on her official website, "We had a very deep bench of Democratic Presidential candidates in the primary, and we were very lucky to finally have two capable, dynamic and intelligent candidates vying to be the nominee. Supporting Sen. Obama for President was an immediate decision for me after Sen. Clinton ended her bid for the Democratic nomination. Throughout this process, they challenged each other to be better. It was a historical race, with Hillary breaking through that glass ceiling for all women and Barack inspiring young kids that they can overcome their circumstances to reach greatness."

Barbra Streisand starred on Broadway in I Can Get It for You Wholesale and Funny Girl, earning Tony Award nominations for both performances. She received a 1970 Special Tony Award. The actress, composer and director has won two Academy Awards: for Best Actress in a Leading Role in "Funny Girl" and for Best Music, Original Song (with Paul Williams) for the "A Star Is Born" song "Evergreen."