Lopez has received several honors for his work and contributions to the Latino community. In September 2004, George was honored with the "Spirit of Liberty Award," presented by People for the American Way. In August 2005, "Time" magazine recognized George as one of "The 25 Most Influential Hispanics in America." On October 18, 2011, Lopez's elementary school, San Fernando Elementary School, honored him for his beneficent efforts by naming their auditorium after him. Lopez has ensured through his annual toy giveaway that every child at the school receives a gift during the holidays.