Endowments: Supporting The Lincoln Theatre's Future Beyond a Lifetime

On Stage with The Lincoln Theatre

Can I Support The Lincoln With An Endowment And How Does That Work?

What happens when your passion for the arts lives beyond your lifetime? In this illuminating conversation, Lincoln Theatre Executive Director Bob Watkins reveals how endowment gifts create lasting legacies while ensuring the historic venue's future.
The Lincoln Theatre has stood as a Mayan revival masterpiece in Marion, Virginia since 1929, bringing arts and entertainment to generations of community members. Today, this nonprofit organization faces the ongoing challenges of maintaining its historic charm while addressing modern infrastructure needs – from aging HVAC systems to specialized sound equipment. Endowment gifts provide the critical financial foundation that allows these essential but often unseen aspects of theatre operation to continue.
Watkins walks listeners through the remarkably straightforward process of establishing an endowment, which typically begins with a donor's estate planner rather than direct theatre involvement. Depending on the contribution level, donors receive benefits ranging from complimentary performance tickets to named seats and commemorative plaques throughout the venue. Whether contributing in their own name or honoring someone else, donors can specify exactly how their gift supports the theatre's mission – creating a thoughtful connection between their values and the arts community they cherish.
"We just really honor whatever wish they have for maintaining their legacy through The Lincoln Theatre," Watkins explains, noting that some prefer recognition while others choose anonymity, focusing attention on the theatre itself rather than their generosity. Each endowment, regardless of size, becomes part of the carefully managed funds that ensure this cultural landmark continues enriching lives for generations to come.
Ready to explore how your legacy can support the performing arts? Contact Bob Watkins directly to discuss endowment opportunities that align with your vision and values for The Lincoln Theatre's future.

To learn more about The Lincoln Theatre visit:
https://www.TheLincoln.org/
The Lincoln Theatre
117 E. Main Street
Marion, Virginia 24354
276-783-6092

Chapters

1. Welcome to On Stage (00:00:00)

2. Understanding Lincoln Theatre Endowments (00:01:16)

3. Benefits for Endowment Contributors (00:03:20)

4. How Endowments Support Theatre Needs (00:06:10)

5. Getting Started With Planned Giving (00:08:40)

6. Episode Closing (00:09:28)