The first of the, to date, 407 is Darcy Hadfield, who won the single sculling bronze medal at Antwerp in 1920. His son, Rex, 81, will be at the dinner on behalf of his father, who died in 1964.
"For two years we've been working on legacy initiatives," RNZ chief executive Simon Peterson said. "We got each generation of rowers together and put the concept to them around the legacy programme and got full endorsement".
Peterson said he had been aware there was a gap in rowing in terms of acknowledging its past and its most notable athletes.
"I felt the history of the sport wasn't formalised.
"We looked at New Zealand Rugby and what the Black Caps are doing with the numbering system on their clothing. Our intention is to recognise their contribution to where the sport is today".
The three medal-winning crews from Rio last year - gold medallists Mahe Drysdale, and peerless coxless pair Eric Murray and Hamish Bond, and the silver-medal winning equivalent, Rebecca Scown and Genevieve Behrent - will be honoured as will four rowers who enjoyed Olympic success before retiring; Murray, lightweight Peter Taylor and double sculling London gold medallists Joseph Sullivan and Nathan Cohen.
The surviving members of New Zealand's first Olympic champion crew, Ross Collinge, Dick Joyce, Warren Cole and cox Simon Dickie will be notable guests at the evening. With the late Dudley Storey, they won the coxed four gold in Mexico in 1968.