The Gift That Keeps Giving

David Weiss

David Weiss '71 made a provision in his estate to fund a fully endowed scholarship at SLUH.

Some things come full circle. For David Weiss '71, it was his SLUH experience—one that provided him the foundation to fulfill his dreams while inspiring him to give future Jr. Bills that same opportunity in a meaningful and enduring way.

"St. Louis U. High taught me how to learn," says Weiss, who grew up near Carondelet Park and attended St. Stephen Protomartyr. "The intellectual challenge gave me the tools for success later in life, and the camaraderie among my classmates provided a safe space to express myself and to find my footing in what was a difficult time for me personally and what was playing out in our country."

Weiss found his footing at SLUH in theatre tech. While he dabbled in riflery and bowling, it was theatre that most interested him. His mentor, Joe Schulte, provided him not only with the skills to become a key member of the Dauphin Players but also the passion to pursue theatre beyond high school.

After earning his bachelor's degree from Webster University's Conservatory of Theatre Arts and a master's in arts administration from the University of Michigan, Weiss worked managing arts and theatre programs from Actors Theater of Louisville and Arrow Rock's Lyceum Theatre to Connecticut College's Summerscene for six years before pursuing a career in law.

"When I decided to go to law school, it was a challenge, especially after being out of school for six years. The rigors of studying theatre and liberal arts aren't exactly the same as the study of law, but I drew back on how I learned at St. Louis U. High," says Weiss, who attended the University of Pittsburgh School of Law. "That's how I approached my legal studies, which netted me a position on Pitt's Law Review, so the approach I learned at SLUH was solid and transferrable."

Weiss returned to St. Louis after law school to work in the city counselor's office. He has served as a business lawyer for the city of St. Louis his entire career, which included forming and managing his own firm, Weiss & Associates, for 31-plus years, which gave him an outlet for his creative energy as well. In 2017, he joined Sandberg Phoenix where he counsels business owners, associations and individuals in a variety of transactional and litigation matters.

A longtime member of the SLUH Alumni Board, Weiss enjoys staying in touch with SLUH and visiting with classmates, however the opportunity arises.

"Things have come full circle," he says, referring to Sunrise Socials, a series of virtual monthly get-togethers with classmates, "arising either because so many classmates recognize we do want to stay connected, and perhaps get to know some whom we really never knew, or as an outgrowth of the pandemic that gave each of us more time than before." Either way, members of the Class of '71 share humor, tell stories, ask for prayers and show support for one another. "That's life—being there for each other in good times and bad."

Reflecting on his journey, Weiss remains grateful for his formation at St. Louis U. High and has designated the school as a beneficiary of his estate for a fully endowed scholarship. He chose to create a scholarship because the corpus remains intact and the earnings give in perpetuity, so it's a gift that will continue to give indefinitely.

"I've had a wonderful life," Weiss says. "My profession has given me the opportunity to help others pursue their dreams. I want future students at SLUH to have that same opportunity, to pursue their own dreams."


Like Weiss, you can give back to SLUH and, in the process, equip future students with the tools and confidence to succeed in life. Learn more by contacting Linda Domeyer at (314) 269-2113 or ldomeyer@sluh.org.

A charitable bequest is one or two sentences in your will or living trust that leave to St. Louis University High School a specific item, an amount of money, a gift contingent upon certain events or a percentage of your estate.

an individual or organization designated to receive benefits or funds under a will or other contract, such as an insurance policy, trust or retirement plan

UNRESTRICTED USE AND PURPOSE
"I, [name], of [city, state, ZIP], give, devise and bequeath to St. Louis University High School [written amount or percentage of the estate or description of property] for its unrestricted use and purpose."

RESTRICTED USE AND PURPOSE
"I, [name], of [city, state, ZIP], give, devise and bequeath to St. Louis University High School [written amount or percentage of the estate or description of property] for [scholarship name or another specific purpose]."

able to be changed or cancelled

A revocable living trust is set up during your lifetime and can be revoked at any time before death. They allow assets held in the trust to pass directly to beneficiaries without probate court proceedings and can also reduce federal estate taxes.

cannot be changed or cancelled

tax on gifts generally paid by the person making the gift rather than the recipient

the original value of an asset, such as stock, before its appreciation or depreciation

the growth in value of an asset like stock or real estate since the original purchase

the price a willing buyer and willing seller can agree on

The person receiving the gift annuity payments.

the part of an estate left after debts, taxes and specific bequests have been paid

a written and properly witnessed legal change to a will

the person named in a will to manage the estate, collect the property, pay any debt, and distribute property according to the will

A donor advised fund is an account that you set up but which is managed by a nonprofit organization. You contribute to the account, which grows tax-free. You can recommend how much (and how often) you want to distribute money from that fund to SLUH or other charities. You cannot direct the gifts.

An endowed gift can create a new endowment or add to an existing endowment. The principal of the endowment is invested and a portion of the principal’s earnings are used each year to support our mission.

Tax on the growth in value of an asset—such as real estate or stock—since its original purchase.

Securities, real estate or any other property having a fair market value greater than its original purchase price.

Real estate can be a personal residence, vacation home, timeshare property, farm, commercial property or undeveloped land.

A charitable remainder trust provides you or other named individuals income each year for life or a period not exceeding 20 years from assets you give to the trust you create.

You give assets to a trust that pays our organization set payments for a number of years, which you choose. The longer the length of time, the better the potential tax savings to you. When the term is up, the remaining trust assets go to you, your family or other beneficiaries you select. This is an excellent way to transfer property to family members at a minimal cost.

You fund this type of trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. You can also make additional gifts; each one also qualifies for a tax deduction. The trust pays you, each year, a variable amount based on a fixed percentage of the fair market value of the trust assets. When the trust terminates, the remaining principal goes to SLUH as a lump sum.

You fund this trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. Each year the trust pays you or another named individual the same dollar amount you choose at the start. When the trust terminates, the remaining principal goes to SLUH as a lump sum.

A beneficiary designation clearly identifies how specific assets will be distributed after your death.

A charitable gift annuity involves a simple contract between you and SLUH where you agree to make a gift to SLUH and we, in return, agree to pay you (and someone else, if you choose) a fixed amount each year for the rest of your life.

Personal Estate Planning Kit Request Form

Please provide the following information to view the materials for planning your estate.

First name is required
Last Name is required
Please include an '@' in the email address

eBrochure Request Form

Please provide the following information to view the brochure.

First name is required
Last Name is required
Please include an '@' in the email address