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MLK Boston, the nonprofit planning a memorial to commemorate the lives of Martin Luther King Jr. and Coretta Scott King, will host a fund-raiser Oct. 16 featuring a star-studded list of performers.

The King Legacy Night event at the Museum of Fine Arts, Boston, will boast headliners Earth, Wind & Fire and Grammy-winning composer and bassist Esperanza Spalding.

Among the speakers will be singer-activist Harry Belafonte, CNN’s Bakari Sellers, and civil rights leader and MLK friend C.T. Vivian.

“It is a moving experience to join with people from the local community to celebrate Dr. King’s and Coretta’s life and work in Boston,” MLK Boston project leader Paul English said in a statement. “In the years since that day Dr. King was assassinated, I have seen and understood the legacy of Dr. King — as citizens we are all one people and have a duty to stand up for justice and equality for all.”

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King Legacy Night, which is being produced by A.J. Williams, is a benefit for MLK Boston and its many projects, including a high-tech educational center in Dudley Square, a community endowment for MLK-related programming, and a proposed MLK monument on Boston Common.

Artist renderings of the memorial will be revealed at the event.

The MLK Boston project is led by English, a philanthropist and tech entrepreneur, in collaboration with the City of Boston, the Rev. Liz Walker, Barry Gaither of the Museum of the National Center of Afro-American Artists, and Havard historian Brandon TerryRobin Powell Mandjes is the organization’s executive director.

Thanks in part to the Boston Foundation, MLK Boston has raised over half of its $5 million goal, with donations of $1 million each from English, Demond and Kia Martin, and the Lewis Family Foundation.

“We are honored and proud to recognize the Boston legacy of Martin Luther King Jr.,” said Harriet Lewis, MLK Boston supporter and chair of the Lewis Family Foundation. “King Legacy Night will be an event that is unlike any other in our city.”

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Lillian Brown