John Hughes
2004 ENTREPRENEUR IN RESIDENCE
John Hughes has served as Board Chair and President for The Coleman Foundation, Inc., he has been serving as CEO of the foundation since 1980. The Coleman Foundation is an independent, private, charitable foundation engaged in a range of philanthropic programs, largely in the Chicago and Midwest region. Current asset value is approximately $175 million. Approximately $85 million in grants have been approved since 1981. Core funding areas include; cancer care, treatment and research, handicapped housing/education and education programs, primarily in the area of entrepreneurship/self-employment.
J.E. Hughes Enterprises, Inc.
Owner, President / CEO, 1980 to date. Providing financial and management services.
John E. Hughes & Co., C.P.A. Firm
Founder and Senior Partner from 1969 until the company sold on July 1, 1980. The firm is still in existence. There is no longer any association.
John E. and Jeanne T. Hughes Foundation, Inc.
Founder and President / CEO, 1991 to date. A private, charitable family foundation engaged in a range of philanthropic programs, primarily for entrepreneurship awareness and education. Current asset value is approximately $6 million, with over $1 million in grant funds distributed to date.
Hughes Family Limited Partnership
General Partner from 1998 to date.
Archibald Candy Corporation and Fannie May Candy Shops, Inc.
Associated since 1959. Former part owner, Vice Chairman, Board Member, Chief Executive Officer, Chairman Finance, Data Processing, Insurance, Personnel, Audit and Compensation Committees and Past President of Archibald Candy Co. Served as Director, CEO, President and Vice Chairman from 1981 through 1991. As a manufacturer and retailer of high quality, fresh boxed chocolates and ice cream, the companies scope included 260 Shops located in fifteen states and over 2,500 employees. The combined companies had 1,200 wholesale distributors, programs in direct mail, quantity order, and retail distributors, manufacturing, production and product distribution. From 1981 through 1991, companies experienced growth in sales, earning and number of employees each year. The entire business was sold on October 31, 1991. There is no longer any association.
Trustee
Various time periods for personal trusts, estates and employee benefit plans.
PAST INDUSTRY EXPERIENCE:
Officer with a national confection manufacturer, retailer, wholesaler - Chicago based.
Accountant with a large national retail and mail order house in Chicago.
Corporate accountant manufacturing, processing and foreign operation with a large food meat processor in Chicago.
Accounting, tax and audit staff of casualty insurance and re-insurance company in Chicago.
Independent Contractor providing services as Director, Officer, Consulting and management services.
Board Member - various manufacturing, retail, banking, hospital, and non-for-profit organizations in Chicago area.
PAST PUBLIC ACCOUNTING EXPERIENCE:
Spent early part of career with national and local firms as a staff accountant, auditor, tax manager, and management advisory and information services.
Became partner in a local firm with a staff of 20 in 1960; partner in a smaller firm 1958.
Formed own C.P.A. firm in 1969. General practice audit, tax, accounting, computers, information systems and management services. No longer in the firm having transferred it to partners in July of 1980. Firm continues in the Chicago area as John E. Hughes and Co., P.C.
PROFESSIONAL AFFILIATIONS:
C.P.A. in Illinois since 1957, also in Indiana.
Awarded National Entrepreneur of the Year - Supporter of Entrepreneurship Education - Inc. Magazine 1991.
Member of American Institute of C.P.A.'s.
Awarded National Retail Entrepreneur of the Year - Retail Executive Magazine - 1991.
Member of Illinois C.P.A. Society.
Charter Member of Founders Council - Illinois C.P.A. Society.
Member of Institute of Management Accountants.
Inducted University of Illinois Entrepreneur Hall of Fame 1994.
Served as speaker and panelist at Illinois C.P.A. Society meetings.
Authored Management Aids for Small Manufacturer - Proving Fidelity Losses, Small Business Administration 1964.
Published in Philanthropy Roundtable Quarterly - Endowment Funding.
Served as entrepreneur in Residence at the University of New Orleans, LA. 1999; University of Illinois at Chicago and College of the Southwest, Hobbs, N.M., 2002.
Founded committee with two other C.P.A. through the Illinois CPA Society to submit recommendations to State of Illinois on How to improve State operations. Project completed by submission of detailed report to Governor resulting in adoption, at that time (1965) of most proposals.
Member of Science Council at the University of Notre Dame, South Bend, IN, four years.
Speaker at many Colleges and Universities and entrepreneurship conferences. Keynote speaker at 1985 ACE (Association of Collegiate Entrepreneurs) Conference in Illinois; 1987 ACE International Conference, Chicago, Illinois ;1988 ACE Washington DC; CEM (Collegiate Entrepreneurs of Midwest) and CEO(Collegiate Entrepreneurs Organization), Chicago each year since their inception - 1985 to date; CEH (Collegiate Entrepreneurs of the Heartland); CESW (Collegiate Entrepreneurs of the Southwest) and USASBE (U.S. Association of Small Business and Entrepreneurship). |
