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        <AddressLine1Txt>115 North Church Street</AddressLine1Txt>
        <CityNm>Moorestown</CityNm>
        <StateAbbreviationCd>NJ</StateAbbreviationCd>
        <ZIPCd>080572424</ZIPCd>
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      <BusinessName>
        <BusinessNameLine1Txt>HENRY M ROWAN FAMILY FOUNDATION INC</BusinessNameLine1Txt>
      </BusinessName>
      <BusinessNameControlTxt>HENR</BusinessNameControlTxt>
      <PhoneNum>6092679000</PhoneNum>
      <USAddress>
        <AddressLine1Txt>PO BOX 157</AddressLine1Txt>
        <CityNm>RANCOCAS</CityNm>
        <StateAbbreviationCd>NJ</StateAbbreviationCd>
        <ZIPCd>080730157</ZIPCd>
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    </Filer>
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      <PersonNm>MANNING SMITH</PersonNm>
      <PersonTitleTxt>SECRETARY/TREASURER</PersonTitleTxt>
      <PhoneNum>6092679000</PhoneNum>
      <SignatureDt>2017-05-05</SignatureDt>
    </BusinessOfficerGrp>
    <PreparerPersonGrp>
      <PreparerPersonNm>DOUGLAS H SELL</PreparerPersonNm>
      <PhoneNum>8568669494</PhoneNum>
      <PreparationDt>2017-05-05</PreparationDt>
      <SelfEmployedInd>X</SelfEmployedInd>
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    <BuildTS>2021-01-29 14:40:06Z</BuildTS>
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      <AnalysisOfRevenueAndExpenses>
        <ScheduleBNotRequiredInd>X</ScheduleBNotRequiredInd>
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        <OrgDoesNotFollowSFAS117Ind>X</OrgDoesNotFollowSFAS117Ind>
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        <TotalLiabilitiesNetAstEOYAmt>242568273</TotalLiabilitiesNetAstEOYAmt>
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      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>242583807</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>400614</ExcessRevenueOverExpensesAmt>
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      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>SEE SCHEDULE ATTACHED</PropertyDesc>
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        <OriginalReturnOverpaymentAmt>-404240</OriginalReturnOverpaymentAmt>
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        <EsPenaltyAmt>956</EsPenaltyAmt>
        <OverpaymentAmt>162072</OverpaymentAmt>
        <AppliedToESTaxAmt>162072</AppliedToESTaxAmt>
      </ExciseTaxBasedOnInvstIncmGrp>
      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd>false</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>false</MoreThan100SpentInd>
        <Form1120POLFiledInd>false</Form1120POLFiledInd>
        <ActivitiesNotPreviouslyRptInd>false</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd>false</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>false</UnrelatedBusIncmOverLimitInd>
        <OrganizationDissolvedEtcInd>false</OrganizationDissolvedEtcInd>
        <Section508eRqrSatisfiedInd>true</Section508eRqrSatisfiedInd>
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        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
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        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>N/A</WebsiteAddressTxt>
        <PersonsWithBooksName>
          <BusinessNameLine1Txt>MANNING SMITH III</BusinessNameLine1Txt>
        </PersonsWithBooksName>
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        <LocationOfBooksUSAddress>
          <AddressLine1Txt>10 INDEL AVENUE</AddressLine1Txt>
          <CityNm>RANCOCAS</CityNm>
          <StateAbbreviationCd>NJ</StateAbbreviationCd>
          <ZIPCd>08073</ZIPCd>
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        <FurnGoodsDisqualifiedPrsnInd>false</FurnGoodsDisqualifiedPrsnInd>
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        <OfficerDirTrstKeyEmplGrp>
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          <USAddress>
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            <CityNm>NEWTOWN</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>18940</ZIPCd>
          </USAddress>
          <TitleTxt>PRESIDENT</TitleTxt>
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          <CompensationAmt>0</CompensationAmt>
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          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>MANNING J SMITH III</PersonNm>
          <USAddress>
            <AddressLine1Txt>160 BUCKMANVILLE ROAD</AddressLine1Txt>
            <CityNm>NEWTOWN</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>18940</ZIPCd>
          </USAddress>
          <TitleTxt>SEC/TREAS, TRUSTEE</TitleTxt>
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          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>GILBERT A GEHIN-SCOTT</PersonNm>
          <USAddress>
            <AddressLine1Txt>PO BOX 182</AddressLine1Txt>
            <CityNm>RANCOCAS</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>08073</ZIPCd>
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          <TitleTxt>TRUSTEE</TitleTxt>
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        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>ELEANOR ROWAN</PersonNm>
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            <CityNm>NEWTOWN</CityNm>
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        <Description1Txt>THE HENRY M. ROWAN FOUNDATION DOES NOT CONDUCT DIRECTCHARITABLE ACTIVITIES, BUT RATHER CONTRIBUTES TO OTHERCHARITABLE ORGANIZATIONS CARRYING OUT CHARITABLE ACTIVITIES.</Description1Txt>
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        <QualifyingDistributionsAmt>11660000</QualifyingDistributionsAmt>
        <AppliedToYear1Amt>11659161</AppliedToYear1Amt>
        <RemainingDistriFromCorpusAmt>839</RemainingDistriFromCorpusAmt>
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        <ExcessDistributionCyovAppCYAmt>135481</ExcessDistributionCyovAppCYAmt>
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      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <ContributingManagerNm>NONE</ContributingManagerNm>
        <ShareholderManagerNm>NONE</ShareholderManagerNm>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <ApplicationSubmissionInfoGrp>
          <RecipientPersonNm>MANNING SMITH III</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>10 INDEL AVENUE</AddressLine1Txt>
            <CityNm>RANCOCAS</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>08073</ZIPCd>
          </RecipientUSAddress>
          <FormAndInfoAndMaterialsTxt>ANY FORMAT IS ACCEPTABLE</FormAndInfoAndMaterialsTxt>
          <SubmissionDeadlinesTxt>NO</SubmissionDeadlinesTxt>
          <RestrictionsOnAwardsTxt>NO</RestrictionsOnAwardsTxt>
        </ApplicationSubmissionInfoGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SEE SCHEDULE ATTACHED</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>VARIOUS</AddressLine1Txt>
            <CityNm>VARIOUS</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>00000</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>N/A</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL PURPOSES</GrantOrContributionPurposeTxt>
          <Amt>11660000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>11660000</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <DivAndIntFromSecPartVIIGrp>
          <RelatedOrExemptFunctionIncmAmt>6306974</RelatedOrExemptFunctionIncmAmt>
        </DivAndIntFromSecPartVIIGrp>
        <GainSalesAstOthThanInvntryGrp>
          <RelatedOrExemptFunctionIncmAmt>6301845</RelatedOrExemptFunctionIncmAmt>
        </GainSalesAstOthThanInvntryGrp>
        <OtherRevenueDescribedGrp>
          <Desc>NON-REPORTABLE DISTRIBUTIONS</Desc>
          <RelatedOrExemptFunctionIncmAmt>344009</RelatedOrExemptFunctionIncmAmt>
        </OtherRevenueDescribedGrp>
        <SubtotalsIncmProducingActyGrp>
          <RelatedOrExemptFunctionIncmAmt>12952828</RelatedOrExemptFunctionIncmAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>12952828</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <RlnOfActyToAccomOfExmptPrpsGrp>
        <RlnOfActyToAccomOfExmptPrpsGrp>
          <LineNumberTxt>N/A</LineNumberTxt>
          <RelationshipStatementTxt>N/A</RelationshipStatementTxt>
        </RlnOfActyToAccomOfExmptPrpsGrp>
      </RlnOfActyToAccomOfExmptPrpsGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>false</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>false</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>false</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>false</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>false</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>false</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>false</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>false</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>false</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>false</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <AccountingFeesSchedule documentId="00000003">
      <AccountingFeesDetail>
        <CategoryTxt>DOUGLAS H. SELL, CPA TAX RESEARCH AND RETURN PREPARATION</CategoryTxt>
        <Amt>1640</Amt>
        <NetInvestmentIncomeAmt>1640</NetInvestmentIncomeAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <GainLossSaleOtherAssetsSch documentId="00000004">
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>SEE SCHEDULE ATTACHED</AssetDesc>
        <GrossSalesPriceAmt>79319414</GrossSalesPriceAmt>
        <BasisAmt>73764745</BasisAmt>
        <TotalNetAmt>5554669</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>LONG TERM CAPITAL GAINS DISTRIBUTIONS</AssetDesc>
        <GrossSalesPriceAmt>747176</GrossSalesPriceAmt>
        <TotalNetAmt>747176</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
    </GainLossSaleOtherAssetsSch>
    <InvestmentsCorpStockSchedule documentId="00000005">
      <InvestmentsCorporateStockGrp>
        <StockNm>CHARLES SCHWAB</StockNm>
        <EOYBookValueAmt>240829078</EOYBookValueAmt>
        <EOYFMVAmt>262098743</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <OtherDecreasesSchedule documentId="00000006">
      <OtherDecreasesDetail>
        <Desc>FEDERAL EXCISE TAX</Desc>
        <Amt>416148</Amt>
      </OtherDecreasesDetail>
    </OtherDecreasesSchedule>
    <OtherExpensesSchedule documentId="00000007">
      <OtherExpensesScheduleGrp>
        <Desc>BANK CHARGES</Desc>
        <RevenueAndExpensesPerBooksAmt>48</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>48</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="00000008">
      <OtherIncomeDetail>
        <Desc>NON-DIVIDEND DISTRIBUTIONS</Desc>
        <RevenueAndExpensesPerBooksAmt>344009</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>344009</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <OtherProfessionalFeesSchedule documentId="00000009">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>WHARTON BUSINESS GROUP INVESTMENT MANAGEMENT</CategoryTxt>
        <Amt>773479</Amt>
        <NetInvestmentIncomeAmt>773479</NetInvestmentIncomeAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>MORGAN LEWIS LEGAL SERVICES</CategoryTxt>
        <Amt>1080</Amt>
        <NetInvestmentIncomeAmt>1080</NetInvestmentIncomeAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="00000010">
      <TaxesDetail>
        <CategoryTxt>FOREIGN TAXES PAID</CategoryTxt>
        <Amt>117866</Amt>
        <NetInvestmentIncomeAmt>117866</NetInvestmentIncomeAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>