The annual honors recognize achievement and promise in artists working in the fields of theatre, dance and choreography and film. In addition to the financial awards given to the individual artists, companies hosting a 2010 honoree also receive a General Operating Support grant, which helps support general operating expenses for the institution.

Shapiro, who earned acclaim for helming Tracy Letts' August: Osage County, is the recipient of the Princess Grace Statue Award. The honor, which includes a $25,000 cash gift, acknowledges the work of a previous Prince Grace Award recipient who has distinguished him or herself in his or her chosen field.

The Prince Rainier III Award is presented to Denzel and Pauletta Washington in recognition of their outstanding careers and philanthropic endeavors. A $25,000 grant will be presented to the organization of their choice.

Presenters include Viola Davis, Tovah Feldshuh, Lorraine Bracco, David Schwimmer and Robert Battle.

The 2010 Theatre and Playwriting Award recipients follow: Andrea Assaf, Theatre Fellowship, Gant Gaither Theater Award
Pangea World Theater

Charlotte Brathwaite, Theatre Scholarship, George C. Wolfe Award
Yale School of Drama

Shana Cooper, Theatre Fellowship, Robert & Gloria Hausman Award
Oregon Shakespeare Festival

Tom Gleeson, Theatre Fellowship, Fabergé Theater Award
Arden Theatre Company

Virginia Grise, Theatre Apprenticeship, Pierre Cardin Theater Award
Playwrights' Arena

Adam Pinti, Theatre Scholarship, Grace Le Vine Award
Arizona State University

A. Rey Pamatmat, Playwriting Fellowship
New Dramatists Inc.

For further information and a complete list of 2010 Princess Grace Award Recipients in Dance and Film, visit Princess Grace Foundation-USA.