Speaking to PEOPLE at the ceremony, Damon, 64, said of receiving the honor, "I think my parents would be very, very happy for us. And they know that without them, there'd be no us

The Wayans family members are officially NAACP Image Awards inductees. The legendary family of filmmakers and comedians were inducted into the NAACP Image Awards Hall of Fame on Saturday, where they gave a heartfelt speech to the audience, which included a shout-out to their brother Keenen Wayans.

Damon Wayans Jr., Damon Wayans, and Chaunté Wayans embraced the burgundy trend with different suiting takes on the breakout color, while Marshay Wayans wore an off-the-shoulder lace gown with an ornate cutout pattern.