The honours will continue the legacy of the Academy's Gold Badge Awards.
This year's ceremony took place in Glasgow on Friday (1 September).
The ceremony will take place at the Roundhouse in London next month.
PRS Members' Council President Michelle Escoffery will host a panel of guest speakers next month.
The partnership will aim to improve music royalty distribution for over 300,000 artists, recording rights holders, music publishers, writers and composers.
The ceremony will take place in Glasgow next month.
A host of producers and songwriters will receive financial support from the fund.
Alexandra Hamilton-Ayres, Daniel Kidane and Rushil Ranjan will all be creatively supported by the fund.
Sarah, who is Deputy Chair of the PRS Members’ Fund, says the commission will be 'full of orchestral energy and colour'.
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