The charitable organisation has named the pair as the recipients of its two awards.
Kubert has been named the Dick Giordano Humanitarian of the Year.
The Sgt Rock and Hawkman artistic legend was chosen for the honour prior to his death in August.
Romita Jr received the Hero Initiative's Lifetime Achievement Award. This year marks the 35th anniversary of his debut in the comics industry.
"For a man as talented as my father was, both in the arts and as a person, it is truly an honour for him to receive this award," said Andy Kubert. "It's the first award given to him since his passing a short time ago.
"For myself, my family, and I'm sure for my father's many fans, it's impactful."
Kubert becomes the first individual to receive both awards, which were given out at the Harvey Awards ceremony at Baltimore Comic-Con over the weekend.