The 28-year-old model – who posted playful snaps with red wine earlier in the day – put on a rather racy ensemble in a very sheer, body-contouring look at the event which took place at the Academy Museum of Motion Pictures.
The fiery number showcased her model figure as she opted to go bra-free in the rather see-through ensemble.
The frock featured a high neckline and long sleeves and a bow around the hips which accentuated her curves.
She wore her signature raven-colored locks down as she showcased her natural looks with complementary make-up.
Kendall accessorized with silver hoop earrings and nude lacquer on her nails.
On the red carpet the stunner was joined by her fellow model pal Hailey Bieber who stunned in a sleeveless sequined black gown.
The Academy Museum Gala brings together the biggest and brightest stars as they honor four showbiz talents.
This year saw Meryl Streep, Michael B. Jordan, Oprah Winfrey, and Sofia Coppola among those recognized.
Streep, 74, received the Icon Award which celebrated her entire career which includes a whopping three Oscars.
Receiving The Pillar Award was Oprah, 69, who was recognized in her efforts for supporting the Academy Museum.
Coppola, 52, was honored for advancing the art of cinema as the daughter of Francis Ford Coppola was given the Visionary Award.
Lastly Jordan, 36, – who made his directorial debut with Creed III earlier this year – was presented with the Vanguard Award which is given to an emerging artist.
Leading up to the event director and president of the Academy Museum Jacqueline Stewart released a statement which read: ‘We are excited to gather again at our third annual Academy Museum Gala to celebrate the power, global impact, and indelible importance of cinema.
‘I am truly honored to recognize four artists, Meryl Streep, Michael B. Jordan, Oprah Winfrey and Sofia Coppola, whose creativity and passion have inspired and shaped our culture in such powerful ways.’
Meanwhile, the red carpet was star-studded as it featured the likes of Selena Gomez, Dua Lipa, Kendall Jenner, Hailey Bieber, Salma Hayek, Eva Longoria, Billie Eilish, Chrissy Teigen, and Demi Moore.
The gala was originally set to take place in October but was postponed following the Hamas attack on Israel.