Justin Bieber checks out Mr. Monopoly’s mustache inside Variety‘s 2010 Power of Youth event held at Paramount Studios in Hollywood on Sunday afternoon (October 24).

The 16-year-old musician was among the five nominees being honored at the event. Justin has supported the Pencils For Promise charity since it’s start and announced some big news at the event and on Twitter.

Justin shared, “Best part was I got to surprise the charities being honored. My show tomorrow at the Staples Center in LA is sold out but we saved 500 tickets to give 100 each to each charity being honored to give to kids in need and let them have a fun night they deserve I know what its like to have some tough times so I hope those tickets make u kids coming smile a little. Gonna be a fun show. Thanks.”

So great! 25+ pics inside of Justin Bieber…

psst, sorry you can’t hear the video!