Annette Bening, Elizabeth Banks
Credit: Drew Altizer/ WENN

Elizabeth Banks and Annette Bening traveled to San Francisco to accept honors at the Conservatory Awards luncheon hosted by A.C.T., the American Conservatory Theater. Banks took home the Rising Star Award, while Bening received the Edward Hastings Career Achievement Award. Click through the gallery to see Tilda Swinton, Katherine Heigl, and more stars at last night's hottest parties!