A handful of rock 'n' roll heavyweights are coming to the Showbox May 10 to recognize McCready's philanthropy.

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Mike McCready’s philanthropic streak has been well-documented. When the grunge do-gooder’s not jamming with foster kids or cool famous people for good causes, he and his Pearl Jam cohorts are planning hometown mega shows to raise a million bucks to fight homelessness.

Now, McCready’s getting some love for his benevolent endeavors in most appropriate fashion — a freewheeling all-star charity concert. The Recording Academy plans to give McCready, who has battled substance abuse issues over his career, its Stevie Ray Vaughan Award for his support of its MusiCares Foundation and his work with others in addiction recovery during a May 10 benefit concert at the Showbox. Since 1989, the industry group behind the Grammys has run the health and human services initiative, which offers musicians emergency financial support and addiction recovery programs.

“Recovery is a journey that you take each day, and mine has been affirming from a musical standpoint and a community perspective,” McCready said in a statement. “To be able to raise funds for MusiCares and the critical addiction recovery work they do for music people across the country all year long is humbling, and it speaks to the way we can come together to help those in need.”

The MusiCares Concert for Recovery will feature performances from Red Hot Chili Peppers’ Chad Smith, Slash and Seattleite Duff McKagan of Guns N’ Roses, Social Distortion’s Mike Ness, Heart’s Nancy Wilson, and Barrett Martin — another local heavyweight who’s playing an album release show tonight at the Crocodile. Mike McCready and friends will cap the evening with a special performance.

Tickets to MusiCares’ celebrity-stacked fundraiser ain’t cheap, ranging from $250 to $5,000 for a primo four-person table. But hey, buffet included. For anyone with even more cash to charitably burn, they also plan to auction off a “one-of-a-kind” Chris Cornell Nixon Sentry watch. Instead of a standard online ticket sale, securing a seat at the rock ‘n’ roll gala requires faxing or emailing this form to 310-449-6545 or wynniew@grammy.com.

McCready isn’t the first Washingtonian to receive the award, following Cornell in 2007 and Jerry Cantrell of Alice in Chains in 2012.