The institute was founded in 1938 as American Enterprise Association, 1943 renamed American Enterprise Institute as year and relocated in Washington D.C.. Some sources (e.g. de.wikipedia.org) give 1943 as founding year. On the founders: 'AEA was a partnership of top executives of leading business and financial firms (Bristol-Myers, General Mills, Chemical Bank) and prominent policy intellectuals (Roscoe Pound of the Harvard Law School, economic journalist Henry Hazlitt, and disillusioned New Dealer Raymond Moley).' <https://web.archive.org/web/20090708195505/http://www.aei.org/history>