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12 September 2012, 16:23 | Updated: 12 September 2012, 16:30
The couple will apparently be joined by 100 guests for the intimate occasion later this month.
Beyonce and Jay-Z are reportedly set to host a fundraiser event for US President Obama in New York this month.
The 'Crazy In Love' singer and the 'Girls Girls Girls' rapper are expected to put on an intimate event at Jay's 40/40 nightclub in the city on 18th September.
The New York Post reports that tickets for the private dinner will cost around $40,000 – with the money helping to fund his re-election campaign.
President Obama will be attending a reception earlier the same day where families can pose for a photo with him after giving a $12,500 donation to the fund.
Representatives from the rapper have yet to deny or confirm the reports of the event but it is expected to be Obama's last stop in New York before the election.
The current US President will go up against Republican candidate Mitt Romney on 6th November in the election.
The celebrity couple were also in attendance for a fundraiser event hosted by Michelle Obama earlier this year and the Destiny's Child star recently penned an open letter to the First Lady calling her the "ultimate" female role model.