Bailey's family founded the Ace Bailey Children's Foundation in his memory. The foundation raises funds to benefit hospitalized children, infants and their families.Dupont, Kevin Paul (September 11, 2011). "Widow still holds her Ace in hand". Boston.com."BAILEY & BAVIS MEMORIAL FUND". Los Angeles Kings/NHL.com Network. Retrieved December 22, 2013.
Bailey's family founded the Ace Bailey Children's Foundation in his memory. The foundation raises funds to benefit hospitalized children, infants and their familiesDupont, Kevin Paul (September 11, 2011). "Widow still holds her Ace in hand". Boston.com."BAILEY & BAVIS MEMORIAL FUND". Los Angeles Kings/NHL.com Network. Retrieved December 22, 2013.