Previous winners of the Genesis Prize, which was launched in 2013, include Michael Bloomberg, Itzhak Perlman and Anish Kapoor.
Stan Polovets, co-founder of the award, said that Portman’s “talent, her commitment to social causes and her deep connection to her Jewish and Israeli roots are greatly admired.”
He continued: “She exemplifies the core traits of the Jewish character and values of the Jewish people – persistence and hard work, pursuit of excellence, intellectual curiosity, and a heartfelt desire to contribute to making the world a better place.”
“Without a doubt, she is a role model for millions of young Jews around the world.”
Portman will be given the award at a prize ceremony in Jerusalem next June.