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The artist, who has died at the age of 88, "was one of life's true originals", King Charles says.
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Two courts denied the arts center's request to suspend the Friday deadline for taking the president's name off the building's marble facade.
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The size of the award remains to be determined as it only involves the legal fees associated with part of her court battle with Mr. Baldoni, with whom she made a film.
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The Bradford-born artist, who has died at 88, was one of the most influential artists of the modern era.
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Honorees will be celebrated by the Stage Managers' Association in October.
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This month's picks include a wartime rescue, teenage assassins and Emma Thompson's rescue skills.
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After an introduction from Steven Spielberg, Swift gave a lengthy speech encouraging artists to "trust their human intuition" in an industry driven by data.
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One day before a deadline to take the president's name off its facade, the arts institution appealed a federal judge's ruling that also temporarily blocked it from closing.
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