Chen was awarded the Singapore Cultural Medallion in 1982. She died of complications from rheumatoid arthritis on March 15, 1993, at Mount Alvernia Hospital after an 11-year struggle with the ailment. Mr Lee Seng Gee, Chairman of the Lee Foundation was appointed as the Executor of the Georgette Chen Estate. In April 1994, Chen's house on Siglap Plain was auctioned for S$2.8 million. The money raised from the auction gave to the Georgette Chen Arts Scholarship for art students managed by the National Arts Council. A collection of Chen's paintings were stowed away in two rooms of her home, and recently discovered by Lee. In June 1994, Lee donated the 53 newly discovered paintings to the Singapore Art Museum (SAM). This brought a total of 104 paintings by Chen to be found in the museum collection. Apart from donations sale proceeds of her house, sales from Chen's personal Investments of stocks and shares were also used to fund a new building for the Singapore Council of Women's Organisations (SCWO), as well as for community welfare projects for the local Malay community, and to the Practice Theatre Ensemble (founded by Kuo Pao Kun) to support Chinese theatrical art in Singapore.