Atlantic Records was the initial label honoree at last year’s inaugural Hall of Fame Gala.
A total of $200,000 in grants will be awarded this year.
John Mellencamp and Conan Gray will lead a tribute to Republic Records, this year's label honoree.
“Ray Charles is a beacon for me, a blueprint,” Batiste said in a statement.
The CEO wants the industry to know the organization does more than just hand out Grammys.
The event is being held on Tuesday (April 8) in Washington, D.C.
The election concluded Wednesday (March 26), but the academy is throwing the results out and starting over.
The Grammy Hall Of Fame Gala on May 16 will pay tribute to Republic Records.
The announcement was made just nine days after the two men worked together on the 67th annual Grammy Awards telecast.
The total includes almost $9 million raised on Sunday (Feb. 2), the day of the Grammys telecast, to aid in relief efforts related to the L.A. wildfires.
