Warren will be the fourth woman to receive the award on her own, following Carole King, Dolly Parton and Carole Bayer Sager.
Eligible voters have until Dec. 27 to make their choices in two categories -- performing songwriters and non-performing songwriters.
The stories are almost as good as the songs that got them here.
Alan Menken, Valerie Simpson, Keith Sweat and Joe Walsh, among others, will either present and/or perform at the annual event.
Five early recipients of the award are already eligible. The rest will be as they reach the 20-year mark.
Posty is the third recipient of the award who hails from the world of hip-hop.