- He and Sid Krofft were awarded the Lifetime Career Award at the 2003 Saturn Awards for being the creative minds behind some of the most imaginative and beloved fantasy shows on television.
- He and Sid Krofft were awarded a Star on the Hollywood Walk of Fame for Television at 6201 Hollywood Boulevard in Hollywood, California.
- Named Mortimer after Mortimer Snerd, a popular character from Edgar Bergen's radio show. Years later, brother Sid Krofft saw Ernest Borgnine's film Marty (1955) and rechristened him with that name.
- Before embarking on a showbiz career with his brother Sid Krofft, Marty was a highly-awarded used car salesman.
- Parents are: Peter Krofft and Mary Yolas.
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