Nate Ruess performs onstage during the iHeartRadio Music Festival at the MGM Grand Garden Arena on September 20, 2013 in Las Vegas, Nevada.

Fun. frontman Nate Ruess will receive the Hal David Starlight Award at this year's Songwriters Hall of Fame, Billboard can reveal.

The honor, which each year recognizes a brilliant young songwriter, will be presented at the 46th Annual Induction and Awards Dinner, set for June 18 at the Marriott Marquis Hotel in New York City.

The Hal David Starlight Award, created in 2004, was named in honor of SHOF chairman emeritus Hal David, for his longtime support of young songwriters.

Songwriters Hall to Induct Cyndi Lauper, Toby Keith, Jerry Garcia and Linda Perry

Ruess was tapped, organizers explain, for the "significant impact" he makes in the music industry with his original works.

"I believe that Hal David would have been delighted with the choice of Nate Ruess as the 2015 Hal David Starlight Award recipient. Nate's lyrics are clever, warm and accessible and his music is sophisticated and memorable," comments SHOF president/CEO Linda Moran in a statement. "Whether it's the blockbuster hits he created with Fun. or the powerful new single from his debut solo album, Nate Ruess is a real force in pop music for today and the future."

Past winners of the award include Imagine Dragons' Dan Reynolds, Taylor Swift, John Legend, Alicia Keys, Ne-Yo, Drake, Benny Blanco, Jason Mraz, John Mayer, Rob Thomas and John Rzeznik.

As lead singer with Fun., Ruess collected a pair of Grammys for their sophomore album from 2012, Some Nights, including best new artist and song of the year for the seven-time RIAA platinum-certified hit, "We Are Young." Some Nights peaked at No. 3 on the Billboard 200 and has shifted nearly three million copies globally.

Is Fun. Done?

Outside of his work with the band, he has collaborated with Eminem on the song "Headlights," he co-wrote on Ke$ha's "Die Young" and Zedd's "Stay The Night feat. Hayley Williams, and has worked on projects with Maroon 5 and Ellie Goulding. He also collaborated with Pink on her multi-million-selling "Just Give Me A Reason."

Ruess recently announced his solo project and shared a video teasing "Nothing Without Love," the first single from his album which is due out this summer.

Inductees at this year's Songwriters Hall of Fame event include Bobby Braddock, Willie Dixon, Robert Hunter & Jerry Garcia, Toby Keith, Cyndi Lauper and Linda Perry.