The Saban Forum in Washington is an annual event organized by the Brookings Institution, The Hill reported on Monday.
The Israeli mega-donor is a major political donor, who pledged last year to support Clinton should she run for the next presidential election.
“I hope she will run. She would be a wonderful president,” Saban said.
US Secretary of State John Kerry and Vice President Joe Biden will also be among the participants of the forum.
Israeli Prime Minister Benjamin Netanyahu will appear via satellite.
The event will focus on ties "via candid closed-door dialogue between US and Israeli officials, policymakers, journalists and business leaders."
Clinton, the wife of former president Bill Clinton, won a US Senate seat from New York in 2000.
She later ran and lost the 2008 Democratic presidential nomination, but served as secretary of state during Obama’s first term.
She has not officially announced her bid for the presidential post yet.
When asked about seeking the Democratic nomination for president, Clinton did not reject the idea.
Last month, President Barack Obama said that Hillary Clinton would make a great president should she decide to run for the White House.
Mentioning Clinton by name, Obama told ABC News that she would be a "formidable candidate" and make "a great president" if she decides to run a second time.
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