A lineup including Elton John and Neil Young performed in Los Angeles as the Recording Academy honored rock icon Bruce Springsteen for his philanthropy.
"Whatever philanthropy I've ever done usually involved playing the guitar," he said. "I was going to play the guitar anyway."
MusiCares is an arm of the Recording Academy that provides critical assistance to musicians during times of need.
"We are bad with our money," Springsteen said of musicians. "We love too many and the wrong people. We are the wrong people."
Mumford & Sons performed "I'm on Fire," Elton John did a dramatic reading of "Streets of Philadelphia" and Kenny Chesney performed an acoustic version of "One Step Up."
Alabama Shakes, Neil Young, Patti Smith, Tim McGraw and Faith Hill, among others, also performed.