The actor will accept the inaugural Betty Garrett Lifetime Achievement Award at an event celebrating the 50th anniversary of arts organisation Theatre West.
Bridges' Norma Rae co-star Sally Field will take to the stage to talk about working with the actor, while TV producer Norman Lear will hand him his prize.
Theatre West executive director John Gallogly says, "In forging our future, we strive to honour our past. It seems especially fitting that we honour Beau Bridges with our inaugural Betty Garrett Lifetime Achievement Award, to be given annually to the artist whose work, both at Theatre West and in the larger world, best exemplifies the talent, generosity of spirit and dedication to craft, family and Theatre West that Betty Garrett epitomised in her life."
Late Broadway star Garrett helped found Theatre West in 1962.