Final answer:
The award specifically given to a Latino author/illustrator for celebrating Latino culture in literature is the Pura Belpré Award. It is named in honor of Pura Belpré, a trailblazing Latina librarian.
Step-by-step explanation:
The award given to a Latino author/illustrator for a significant contribution to literature that celebrates Latino culture is the Pura Belpré Award. This award recognizes authors and illustrators who best portray, affirm, and celebrate the Latino cultural experience in children's books. It is named after Pura Belpré, who was the first Latina librarian at the New York Public Library. The Nobel Prize is another internationally recognized award, famous for rewarding individuals with significant artistic, cultural, and scientific contributions.
Notably, the celebrated Latin American author Gabriel García Márquez won the Nobel Prize for Literature in 1982, largely due to the impact of his novel "One Hundred Years of Solitude" which is an iconic work known for its magical realism and profound reflection of Latin American life and history.