The Virginian-Pilot
                             THE VIRGINIAN-PILOT 
              Copyright (c) 1994, Landmark Communications, Inc.

DATE: Sunday, October 23, 1994               TAG: 9410210263
SECTION: CAROLINA COAST           PAGE: 07   EDITION: FINAL 
SOURCE: BY LANE DEGREGORY, STAFF WRITER 
DATELINE: ROANOKE ISLAND                     LENGTH: Medium:   89 lines

HELP FINALLY ARRIVES FOR THE `LOST COLONY' THE GROUP IS MORE THAN HALF-WAY TOWARD RAISING ITS $3 MILLION ENDOWMENT GOAL.

AFTER PAYING their own way for more than half a century, Queen Elizabeth, Sir Walter Raleigh and their lost colonists finally are getting some financial support from across the state.

``The Lost Colony'' outdoor drama has been self-sufficient since Outer Banks locals began performing the historical pageant in 1937.

Recent increases in staging, costuming and salary costs, however, have caused expenses to soar.

In August 1993, officials with the Roanoke Island Historical Association - a non-profit group which produces the play - kicked off ``The Lost Colony's'' first fund-raising campaign.

The group hopes to raise $3 million to create an endowment for the drama.

So far, government, business and private contributors have donated more than $1.5 million.

``We're very pleased that after little more than a year we're already half way to our goal,'' drama spokesman Eric M. Hause said last week. ``I never knew what kind of backing `The Lost Colony' had across North Carolina. There's a real commitment to keeping it going. We've been very fortunate.''

The nation's longest-running outdoor pageant, ``The Lost Colony'' depicts the struggle of the first English settlers. In 1587, a group of colonists backed by Sir Walter Raleigh tried to create a fort on Roanoke Island's north end. Queen Elizabeth I authorized the expedition, but the settlers disappeared a few years later.

About 80,000 people from across the country attend ``The Lost Colony'' each summer. The play includes 150 actors, technicians, musicians, costumers and staff members. It costs about $1.1 million annually to produce.

A $3 million endowment would provide about $150,000 in interest each year. The principle amount of that fund would not be touched, Hause said. Interest would go directly into the play's operating budget.

``What the endowment fund is designed to do is to provide a financial backbone for `The Lost Colony,' '' said J. Richard Futtrell, Jr., who chairs the Statewide Endowment Committee.

``My prediction is that by the time we reach our goal, we will have developed a coalition of support that covers ground from Manteo to Murphy.''

Gov. James B. Hunt Jr. - and North Carolina's taxpayers - made the largest donation to the pageant's endowment fund thus far. On Aug. 18, 1993, Hunt gave the endowment fund $500,000 in state money. Legislators required that private or corporate contributions match that amount.

East Carolina Bank, Centura Bank and Carolina Telephone also have donated large sums to the endowment fund. With Carolina Telephone's assistance, ``The Lost Colony'' will be featured on next year's cover of 2 million North Carolina Telephone directories. Other businesses may choose to endow a single character in the play, such as Queen Elizabeth I or Old Tom.

Locally, Dare County residents have donated about $180,000 to the endowment so far. Fund raisers hope to collect $225,000 from Outer Banks residents and businesses. Contributions have ranged from $10 to thousands.

Besides monetary donations, Roanoke Island Historical Association members are raising funds for the endowment through a Rovin' Rogue Raffle. For $20, anyone can buy a chance to win a 17 1/2-foot Grady White powerboat with motor and trailer. About 2,000 tickets will be sold. Half are still available for the Nov. 18 drawing. The boat is on display at the Nags Head Fishing Pier.

`` `The Lost Colony' endowment campaign is the only such drive that we know of that will benefit an outdoor drama,'' said Roanoke Island Historical Association Chairman Thomas L. White. The endowment, White added, will ensure ``that the curtain will never close on the first outdoor drama in the nation.'' ILLUSTRATION: Staff photo by DREW C. WILSON

``The Lost Colony,'' an outdoor production staged annually during

the summer months, has paid its own way for more than half a

century.

HELPING ``LOST COLONY''

Producers of ``The Lost Colony'' outdoor drama on Roanoke Island

are trying to raise $3 million for an endowment for the play. So

far, donors have contributed more than half that amount. Raffle

tickets for a 17 1/2-foot powerboat also are being sold for $20 each

to benefit the endowment fund.

For more information, or to order a raffle ticket, call ``The

Lost Colony'' offices Mondays through Fridays between 9 a.m. and 5

p.m., (919) 473-2127.

To send a donation to the endowment fund, make checks payable to

the Roanoke Island Historical Association, 1409 Highway 64/264,

Manteo, N.C., 27954.

by CNB