 Yad Vashem honored him and his wife as Righteous Among the Nations on 28 June 1966.On 4 July 2007, the day of remembrance of the victims of genocide against the Jewish nation, a monument commemorating those who saved Latvian Jews, and in particular Lipke, was unveiled at Riga's Great Choral Synagogue.The Žanis Lipke Memorial is located on the island of Ķīpsala in Riga, at 9 Mazais Balasta dambis.