Meredith Vieira is among four honorees at the 37th annual Outstanding Mother Awards on Thursday, May 7 in NYC.

The National Mother's Day Committee awards four women who balance highly successful careers with the daily demands and rewards of motherhood.

Mindy Grossman, CEO of HSN, Inc., and the event's host, will present this year's award to:

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-- Meredith Vieira, host and executive producer of "The Meredith Vieira Show"

-- Joanna Coles, editor-in-chief of Cosmopolitan and editorial director, Hearst Magazines

— Liz Rodbell, president of Hudson's Bay and Lord & Taylor

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— Dee Ocleppo Hilfiger, designer, creative director of Dee Ocleppo

Each honoree was asked to give advice on how they balance work and family. Here's what they had to say:

"I believe the biggest challenge facing working mothers today may just be ourselves. We waste so much time feeling guilty — when we're working we worry about the kids and when we're at home we keep checking email. Throughout their lives my children have watched me try to balance work and family. They've learned that I'm a juggler who sometimes drops the ball. And they've seen firsthand that it's ok not to be perfect. My advice is to cut yourself some slack. Do your best, ask for help and trust your instincts. As long as you stay true to your moral compass, things will have a way of working out." -- Meredith Vieira

"There is no balance; embrace the chaos! Working mothers still face significant obstacles today — lack of flexibility in the workplace, lack of wage equality. It's a subject we write a lot about in Cosmo. I've made a lot of changes and accommodations in order to have both a career and family life. My best advice, that I try to model for my children, is to love what you do, and keep the weekends for friends and family only." -- Joanna Coles

"The most important lesson I learned from my parents, and that I have passed on to my daughters, is that with a strong work ethic you can accomplish anything you put your mind to. I've made a conscious decision to build my career and be an involved mother, and I get to realize my own success as I witness my daughters' accomplishments. My advice to other moms is to include your children in all aspects of your life. They will celebrate in your successes and it will help them to understand the world and its challenges." -- Liz Rodbell

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"Family always comes first, but my work provides me with a sense of stability, pride, achievement and self-worth that, I believe, makes me both a better person and a better mother. My advice to other moms is to do the best you can and don't beat yourself up. Find a balance that feels right for you and your kids. Where there is a will, there will always be a way." -- Dee Ocleppo

Proceeds from the event will benefit Save the Children's U.S. programs, a not-for-profit organization dedicated to making positive changes in the lives of children living in poverty in the United States.

For more information, visit mothersdaycouncil.org.