Some of today's most important actors and entertainers gathered for the annual Hollywood Foreign Press Association installation luncheon in Beverly Hills.

Each year, the Hollywood Foreign Press Association (HFPA) Luncheon attracts a star-studded guest list. This year was no different as some of the today's hottest stars arrived in the Beverly Hills venue. Broadway diva and Glee star Lea Michele arrived, who escorted Twilight actor Taylor Lautner as he spoke onstage. Famed actor Leonardo DiCaprio also attended, who spoke alongside HFPA president Takla O'Reilly during the midday of the event. Hollywood heavy-hitters, Gerard Butler, and Across the Universe actor Jim Stugess also arrived. Kevin Bacon and Mark Wahlberg both spoke during the event, as the association prepares to present financial grants to deserving film schools.

The Hollywood Foreign Press Association was founded in the early 1940's by a group of journalists in order to establish a solid relationship with production studios and gain easier access to actors and entertainers. Every year, the HFPA awards financial grants and opportunities to different film schools that show the most promise.

Other attendees include Elizabeth Olsen, Mary-Kate and Ashley's younger sister, and actresses Elizabeth Moss, Shoreh Aghdashloo, Jessica Chastain who came in charming attires. Surprising appearances from Japan X vocalist Yoshiki brightened up the day, especially when the goofy character took the podium to distribute grants.

View the slideshow to see all red carpet arrivals at this year's Hollywood Foreign Press Association Luncheon.