After his death in his memory Ahmednagar's Think Global Foundation started giving Late Sadashiv Amarapurkar Award which has become very popular in a short span. Kiran Kale, president of Think Global Foundation conceptualized this initiative. In 2016, the famous Marathi writer and IT expert Achyut Godbole and renounced social worker and writer Deepa Deshmukh honored with this award. In 2017, the famous playback Singer Suresh Wadkar was honored with this award by the auspicious hands of the veteran actor Vikram Gokhale.