The 57-year-old musician will be honoured at MusiCares, 13th annual MAP Fund Benefit Concert, reported Billboard.
Thanking MusiCares for the honour, Clayton says in a statement, "MusiCares does such vital work in helping vulnerable people across our industry. I know from experience the importance of an accessible, supportive environment in times of need...
"And I'm always happy to do what I can to benefit this important organisation. I'm very much looking forward to the event in June."
The show will be held at New York's PlayStation Theatre in June.
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