Washington, DC (February 25, 2014) – American Enterprise Institute (AEI) President Arthur C. Brooks announced today that Daniel A. D’Aniello, Vice Chairman of AEI’s Board of Trustees and Chairman and Co-founder of The Carlyle Group, has pledged $20 million to AEI in support of its mission to promote individual liberty, equal opportunity, and free enterprise. D’Aniello’s gift will help to facilitate AEI’s move to its new headquarters, located on “think tank row” at 1785 Massachusetts Avenue, NW. This will be the first permanent home in AEI’s 75-year history.
The building, which will be named the Daniel A. D’Aniello Building, will provide AEI’s scholars, staff, and supporters the space and facilities needed for the rapidly growing work and reach of the institute. AEI purchased the building from the National Trust for Historic Preservation in June 2013.
“This move is an example of AEI’s expanding service to the nation, and is only possible because of the strong support of our community of investors,” said Brooks. “I am particularly grateful to Dan for his visionary investment of $20 million, which forms the cornerstone of our new permanent home where we will be better able to lead the fight for the system and culture of freedom that are America’s gift to the world.”
“With our tremendous growth and expansion, our new headquarters will give us the needed space and technology to build upon our 75-year legacy of scholarship, outreach and communications, giving us the ability to share our ideas more effectively inside Washington and beyond,” Brooks said.
“Promoting and protecting free enterprise and opportunity is personal for me. It’s what enabled my firm to grow and thrive and I want all people to have the same shot at achieving the American Dream. I have been so very blessed and I am humbled at the opportunity to support AEI, which makes the moral case for free enterprise with clarity and vigor,” said D’Aniello.
D’Aniello serves on AEI’s Board of Trustees as Vice Chairman. Driving his philanthropy are his interests in social services, education, entrepreneurship, and creating an opportunity society.
The Daniel A. D’Aniello Building will feature a state of the art media and communications facility, a modern events space, optimal colleague interaction, classrooms to educate future leaders, and adequate room for growth as AEI continues to extend the reach and impact of its scholars’ ideas. AEI will make upgrades to the building’s systems, address maintenance issues, and rehabilitate the interior and exterior, in accordance with the terms in the purchase agreement, while preserving the building’s historic charm.