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The Inaugural Purple Ball will take place on the evening of Barack Obama's inauguration and will feature a host of celebrities raising money for charity.

Patricia Arquette, Amy Brenneman, Ed Harris, Ashley Judd, Josh Lucas, Amy Madigan, Brad Silberling, Kate Walsh, Angela Bassett, John Cusack, Brendan Fraser, David Alan Grier, Herbie Hancock, Hill Harper, Clifton Powell, and Lisa Marie Presley have been confirmed to attend the Ball, which will feature live performances by Il Divo and Peter Cincotti.

A portion of the proceeds from The Inaugural Purple Ball will benefit the Eracism Foundation, a charity established in 2006 by Academy Award Winner Lou Gossett Jr that aims to better society by addressing the negative impacts of racism. The organization provides programs that foster cultural diversity, historical enrichment, education, and antiviolence initiatives in an effort to eradicate racism. The evening will also honor American troops stationed overseas.

Tickets to the event are $5,000 and are available at the Inaugural Purple Ball website.

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