Streisand is MusiCares' 2011 Person of the Year, and is scheduled to be honored at a star-studded dinner in Los Angeles next Feb. 11, the report said.
MusiCares singles out a recording artist each year for his or her contributions to music and humanitarian and philanthropic efforts.
The report said past honorees included Tony Bennett, Bono, Natalie Cole, Phil Collins, David Crosby, Neil Diamond, Gloria Estefan, Aretha Franklin, Don Henley, Billy Joel, Elton John, Quincy Jones, Luciano Pavarotti, Bonnie Raitt, Paul Simon, Sting, James Taylor, Brian Wilson, Stevie Wonder and Neil Young.
Penelope Cruz named 2013's 'Best Body' by Fitness magazine
Megyn Kelly: Santa Claus and Jesus are both white men