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Anthony Kiedis and Flea will host Young's performance that benefits Silverlake Conservatory of Music.
The April 14 headliners wowed the crowd as they braved strong winds on a dusty Day 3 of Coachella's first weekend.
Tickets for the first three of six shows of the music festival sold out Tuesday morning, January 29 amidst website problems.
Also lining up as performers for this year's music festival to take place in Indio are Yeah Yeah Yeahs, New Order, Vampire Weekend and more.
Robert Todd Lincoln is seen arguing with his president father in one clip, while Mary Todd Lincoln is featured meeting with Thaddeus Stevens at a formal event in another.
Members of the two big names in rock music team up to produce a new album set for release early next year.
Seventeen outtakes from the band's last album will be released digitally and on vinyl, two songs at a time with the exception of an 8-minute song.
The band celebrate the life of The Masque club's owner Brendan Mullen, who helped pave a way for them, in the clip by taking part in a jazz funeral.
The Anthony Kiedis-fronted band perform their singles such as 'Monarchy of Roses' and 'Scar Tissue' on the third day of the festival, before Alice Cooper kicks off his own set after midnight.
The RHCP lead singer, Anthony Kiedis, says of the late Beastie Boys star, 'He left the world a lot of beauty. I hope you carry that flame.'
The Chicago-based music festival is also going to be made merry by such performers as Florence and the Machine, Jack White, The Black Keys, Avicii and many more.
The other musical guests who will rock the upcoming summer music festival include The Roots, Foster the People, Skrillex, The Civil Wars and The Avett Brothers.
Each of the RHCP guys gets their own rooms, which represent their personalities, in the Robert Hales-directed music video.
Anthony Kiedis was treated for 'crushed sesamoid bone' and 'a detached flexor tendon', prompting the band to shift the dates.
GnR, Red Hot Chili Peppers and the Beastie boys join the class of 2012 inductees along with Laura Nyro, The Small Faces and Donovan.