Variety Power of Youth 2011Getty Images

Paramount Studios was buzzing with the who's who of young Hollywood on Saturday at the 5th Annual Variety Power of Youth.

The annual event honors young actors and/or musicians who are making a difference in the community. This year's ceremony honored:

-Darren Criss (The Trevor Project)
-Angus T. Jones (St. Jude's Children's Hospital)
-Bailee Madison (Alex's Lemonade Stand)
-Chloe Moretz (The Film Foundation)
-Hayden Panettiere (The Whaleman Foundation)
-Rico Rodriguez (Camp Ronald McDonald for Good Times)
-Hailee Steinfeld (Share Our Strength)

Check out photos from the event:

Gallery | Variety's 5th Annual Power of Youth

Guests had the chance to mingle, play interactive games including Playstation Move, check out booths for each of the 7 charities, and enjoy a performance by Greyson Chance. Other stars in attendance included Debby Ryan, Rebecca Black, Kat Graham, Caroline Sunshine, Ashley Argota, Raini Rodriguez, Freddie Smith, Josie Loren, and more.

Come back Monday for our exclusive red carpet footage and interviews!
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