Cohan is arguably the most honored American entertainer. On June 29, 1936, President Franklin Delano Roosevelt presented him with The Congressional Gold Medal of Honor for his contributions to World War I morale, in particular the songs "You're a Grand Old Flag" and "Over There".
In 1959, at the behest of lyricist Oscar Hammerstein II, a $100,000 bronze statue of Cohan was dedicated in Times Square, at Broadway and 46th Street in Manhattan. The 8-foot bronze remains the only statue of an actor on Broadway. He was inducted into the Songwriters Hall of Fame in 1970, and into the American Folklore Hall of Fame in 2003.
