Oprah Winfrey (left) and Kerry Washington
02/19/2014 at 07:00 PM EST
and Kerry Washington
are lending their star power to honor their peers later this month.
The media mogul, 60, and pregnant Scandal
actress, 37, are set to present at Essence
's seventh annual Black Women in Hollywood luncheon on Feb. 27.
The fancy affair, taking place at the Beverly Hills Hotel, will honor three of the year's talents who have made the most impact, both in front of the camera and behind the scenes, including 2014's breakout star, Lupita Nyong'o
Expected guests at the event include Kelly Rowland, Angela Bassett, Regina King, Brandy Norwood, Niecy Nash, Michelle Williams, Gayle King, Holly Robinson Peete, Garcelle Beauvais and Laila Ali.