James E. Hughes, Jr. Foundation
The James E. Hughes, Jr. Foundation (JEHJF) was formed in April 2020 as a way to extend the lineage of Jay’s life’s work and that of his father, James E. Hughes, Sr., by providing high-quality, vetted articles and books related to the subject of helping families flourish to as many estate planning professionals as possible on a complimentary basis and has teamed up with NAEPC for this purpose.
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Read our current hidden gem, "The Blob: How Culture Eats Structure for Breakfast" authored by Matt Wesley.
A word from Jay Hughes... This first version of this gem was written in 2014 and I immediately knew this concept was extremely important for our field. Given our Foundation’s recent partnership with the Drucker Institute and Matt’s emphasis on Peter Drucker’s organizational development theory that “Culture eats strategy for breakfast” this felt like the perfect time to share this piece. Matt has revised his original paper honing in on what he has learned over the past 9 years.
More About James (Jay) E. Hughes, Jr., Esq.
Mr. Hughes, a resident of Aspen, Colorado, is the author of Family Wealth: Keeping It in the Family, and of Family – The Compact Among Generations, both published by Bloomberg Press, and is the co-author with Susan Massenzio and Keith Whitaker of The Cycle of the Gift: Family Wealth and Wisdom, The Voice of the Rising Generation, and Complete Family Wealth, all published by John Wiley & Sons and is a co- author with Hartley Goldstone and Keith Whitaker of Family Trusts: A Guide to Trustees, Beneficiaries, Advisors and Protectors. In addition, he has written numerous articles on family governance and wealth preservation and a series of Reflections which can be found on his website www.jamesehughes.com.
He was the founder of a law partnership in New York City specializing in the representation of private clients throughout the world and is now retired from the active practice of law. Mr. Hughes was a partner of the law firms of Coudert Brothers and Jones Day. He is a current active Fellow of Wise Counsel Research Foundation a Boston based think tank providing qualitative advice to families who seek to avoid the shirt sleeves proverb and to help their families flourish.
He is a member of the Advisory Board of Arlington Partners, the Chair Emeritus and Chair of Distribution and Beneficiary Life Enhancement Committee of Lineage Trust Company, a Fellow of the Family Firm Institute, a member of the Society of Trusts and Estates Practitioners, Founding Member of the Collaboration for Family Flourishing, a Laureate of the Purposeful Planning Institute, Director of the Learning Courage Foundation, Standing Committee Member of the HS2 Foundation, Emeritus Trustee of The Far Brook School, Emeritus Trustee of Prescott College, former Trustee of the Albert and Mary Lasker Foundation, Board Member of the Hemera Foundation, and Board Member of the Robert H N Ho Family Foundation.
He has spoken frequently at numerous international and domestic symposia on the avoidance of the “shirtsleeves to shirtsleeves” proverb and on the dynamic growth of families’ human, intellectual, social, spiritual, and financial capitals toward their families’ flourishing.
He has authored various Forewords to multiple published works on families and their flourishing and has been cited in the New York Times, the Wall Street Journal and various professional journals. He is a member of boards of various private trust companies, an advisor to numerous investment institutions, and a member of a number of private philanthropic boards.
Jay is a graduate of the Far Brook School (Class of 1956) which teaches through the Arts, The Pingry School (Class of 1960), Princeton University (Class of 1964) and The Columbia School of Law (Class of 1967). He is a counselor to the Family Office Exchange and recipient of its Founder’s Award, the recipient of the Private Asset Management Lifetime Achievement Award, the Ackerman Institute Family Partner Award, and the Family Wealth Report Lifetime Achievement Award.
Reprint permission for each piece secured by The James E. Hughes, Jr Foundation.
Prior Hidden Gems
“The Family Focused Office” authored by Scott Peppet
“The Journey Towards Governance for a Family Enterprise: Aligning Multiple Values and Priorities to Develop Family Capital” authored by Dennis Jaffe