- A noted philanthropist who was a long time promoter of amateur sports in Calgary.
- Sponsored many youth teams in hockey, baseball, basketball, lacrosse and bowling.
- The Jimmie Condon Scholarship, established by the Province of Alberta, named in his honour, annually supports full time student athletes at Alberta Universities, Colleges and Technical Institutions.
- Jimmy Condon Arena, in Kingsland, so named in recognition of his great contributions to amateur sport in the City of Calgary.
- Inducted into the Alberta Sports Hall of Fame in 1980.