Tom Cruise is set to receive the Friars Club's Entertainment Icon Award, which puts him in some elite company. There are only three other celebrities to receive the honor.

Cruise is one of Hollywood's top actors and has been nominated for an Oscar three times for Born On The Fourth Of July, Jerry Maguire, and Magnolia. He has also taken home three Golden Globes.

Tom Cruise will join an elite group of only three other entertainment legends who have received our Icon Award, and whose work has made a global impact on our industry and changed the very face of cinema, said Friars Club Abbot Jerry Lewis.

The Friars Club, located in New York City, is most famous for its roasting of celebrities ranging from Milton Berle and George Burns to Billy Crystal and Quentin Tarantino. It has a rich, 108-year history.

This will be an incredible night that will live forever in our club's history, said Friars Club Chairman Joseph Zappala. We are so proud to be presenting this unique honor to Tom Cruise whose humanitarian endeavors mirror his accomplishments in cinema and the arts.