Congrats to Vanessa Hudgens, Sarah Hyland, The Jonas Brothers, Jordin Sparks, Kat Graham and Diego Boneta!

They’re the 2012 Variety’s Power of Youth honorees!

The goal of Variety‘s Power of Youth initiative is to encourage the next generation of entertainers to support the philanthropic and humanitarian causes closest to their hearts � and to use their positions in popular culture to encourage their peers and millions of fans who look up to them to do the same.

Vanessa will be honored for her work with the Make-a-Wish Foundation, Jonas Brothers for Change for the Children Foundation, Sarah for the George Lopez Foundation, Kat for The Water Project, Jordin for I’m M.A.D., Are You? for ChildHelp and Diego for Vannie E. Cook Children’s Cancer & Hematology Clinic.

Sarah shared in a statement to JJJ, “The Lopez Foundation is really close to my heart and I have such a personal connection to it, especially since I’ve had my own kidney issues for a long time now. I am truly so grateful to be receiving an honor at Variety’s Power of Youth event this year. It’s so rewarding to be able to keep getting the word out about the Lopez Foundation and all the good it does.”

Head on over to JustJared.com to see what Diego told us about his honor!

More details about the event are inside the cut…

The 2012 Variety’s Power of Youth event, dubbed the “World’s Greatest Block Party,” presented by Cartoon Network on the Paramount Studios’ “streets of New York” in Los Angeles on September 15, 2012.

This year’s event, produced in conjunction with Variety’s annual Youth Impact Report, features an exclusive afternoon of festivities, live performances, and PlayStation�3 (PS3�) and PlayStation�Vita (PS Vita) videogames. The day will celebrate this select group of outstanding young entertainers, chosen to receive the Variety’s Power of Youth Philanthropy Award, and who, through their efforts, have made significant contributions to their chosen philanthropic and charitable causes.

The event will be hosted by the cast of Level Up.