 However, the formal founding meeting was only held in September 1989 at the association's first annual conference in Keswick, Cumbria, UK.At this occasion, the EAEPE Constitution was adopted and a steering committee was elected, changed later into the EAEPE Council.In November 1990, the association formed a charity, the Foundation for European Economic Development (FEED) under the Charities Act (England and Wales), with the objective of providing financial assistance for the EAEPE annual conferences and other EAEPE projects.