Schiff was awarded the Bronze Wolf, the only distinction of the World Organization of the Scout Movement, granted by the World Scout Committee for exceptional services to world Scouting.
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He was a member of the World Scout Committee of the World Organization of the Scout Movement and the Theodore Roosevelt Council Executive Board.
Robert Harley, 1st Earl of Oxford and Earl Mortimer | Mortimer Wheeler | Edward Harley, 2nd Earl of Oxford and Earl Mortimer | András Schiff | Mortimer | John Mortimer | Roger Mortimer | Roger Mortimer, 1st Earl of March | Richard Schiff | Mortimer Durand | Emily Mortimer | Edmund Mortimer | Bob Mortimer | Roger Mortimer, 1st Baron Mortimer | Hugh de Mortimer | Schiff base | Roger Mortimer of Wigmore | Ranulph de Mortimer | Peter Schiff | Edward Mortimer | Edward Harley, 5th Earl of Oxford and Earl Mortimer | Edmund Mortimer, 3rd Earl of March | Edmund Mortimer, 2nd Baron Mortimer | Blake and Mortimer | Tevele Schiff | Mortimer railway station | Mortimer Common | Moritz Schiff | John Hamilton Mortimer | Hugh Mortimer |
His son George Fisher Baker, Jr.'s daughter Edith married John M. Schiff of Kuhn, Loeb & Co.
Schiff was a theoretical physicist who, after completing his doctorate, worked as a research associate for two years at the University of California and the California Institute of Technology.
When the Mortimer L. Schiff Scout Reservation was closed, Nassau County Council's Camp Wauwepex in Wading River, New York was renamed as the John M. Schiff Scout Reservation, in honor of Moritmer's son, John.
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After the National Council moved its headquarters in 1979 from New Brunswick, New Jersey to Irving, Texas, the Philmont Scout Ranch in New Mexico became the new home of the National Training Center.
The Pujo Report singled out individual bankers including Paul Warburg, Jacob H. Schiff, Felix M. Warburg, Frank E. Peabody, William Rockefeller and Benjamin Strong, Jr..