The 51-year-old actor is the founder of J/P Haitian Relief Organization and has been awarded for his help providing aid for victims of the 2010 Haiti earthquake, reported Contactmusic.
Penn received the 2012 Peace Summit Award on April 25 at the 12th World Summit of Nobel Peace Laureates in Chicago. "I'm thrilled to receive this tribute and to represent it to the youth of Haiti, the strong women of Haiti, and of the world.
Tomorrow is a new day where cynicism is for cowards, and men of virtue and agency will be true heroes to their sons," he said. "Many in my generation know cowardice well, but not the youth, and not the women.
And never the Haitians. This is an extraordinary honour in an extraordinary moment on Earth. I'm very grateful," the actor added.
Photos: Abhishek Bachchan and Farah Khan at Boman Irani's birthday bash
Spotted: Shah Rukh Khan at Morani's bungalow in Mumbai
Spotted: Sonam Kapoor and sister Rhea at Mumbai airport
Photos: Ranveer Singh, Vaani Kapoor get 'Befikre' on 'Super Dancer'
In pictures: 12 child artistes who turned into beautiful divas