Name Pantomime
Arrange all children in a circle at arms length apart. Instruct each child to think of a verb to put in front of his name that begins with the same letter. You might want to model by going first. For example, if your name is John, you might say "Jumping John." When you announce your name, you then perform the action. The first round will likely take awhile. However, keep going around until everyone moves in a hurry.
Hopscotch Spelling Bee
Get elementary age children's brains active as well by altering the game of hopscotch. Instead of leaving the squares blank, write letters in each square. You can then have a spelling bee that requires kids to spell words quickly by hopping on appropriate squares. This game can be modified to fit math facts as well. You can even give them the freedom to create their own words to add a dash of creativity.
Cartoon Freeze Tag
Instruct children to choose one person to be "it." When you say go, all other students will run off as the it kid chases them. If he gets close to tagging someone, they can drop to one knee and scream the name of their favorite cartoon. If they say the name before getting tagged, they are frozen and safe until they stand up again. Be prepared for lots of hollering with this favorite.
Red Rover
Place kids in two separate parallel lines, facing one another. Tell them to hold hands. One side begins the classic chant, "Red Rover, Red Rove, let (name) come over!" At this point, the person from the opposing side whose name got called will dash forward and attempt to break the link of arms.
Considerations
Remember, elementary kids have a tendency to get out of hand when left to their own devices. For that reason, be sure to actively monitor all games and make sure they play safely.