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Philadelphia Mayor Jim Kenney honored Dunphy for his work on Monday during a ceremony at City Hall.
"Certainly, very appreciative of it," Dunphy said, "but it's certainly unnecessary. I've been honored so much over my career just by having the opportunity to coach at two wonderful institutions in Penn and Temple. That's all the honor I've ever needed."
The Philadelphia native's coaching career spans more than five decades.
"I've had an unbelievable run, and I'm very grateful for it," he said.
Dunphy noted he is not done helping mold young minds. He's currently co-teaching a class at Temple, and he plans on picking up another one.
"Just trying to stay as busy as I possibly can be, and actually looking forward to the unknown, as to what else will happen," he said.
Dunphy's brother, Dennis, and the new men's head basketball coach at Temple, Aaron McKie, were among those who came out to honor one of the most accomplished coaches in Big 5 history.