June 25 [10:00 EDT] -- Prince, Celine Dion, and boxing legend Muhammad Ali are reportedly using their considerable clout to celebrate groups that promote racial and religious equality.

The Associated Press reports that Ali is calling on musicians and comedians to perform at an October 9 benefit concert in Los Angeles to raise funds for groups that fight racial and religious prejudice. Ali was reportedly joined by Prince at a Washington news conference where the two announced plans for the show.

"If this is the only thing I did in my life, I'd be cool with it," Prince reportedly said of the concert.

While the group's who will benefit from the concert have not been determined yet, Celine Dion has reportedly already agreed to perform at the all-day show.