My Giving Story: Stuart Yarbrough

Durham native Stuart Yarbrough ’72 attended his first Duke basketball camp when he was 10 years old.

Just a few years later, he found himself running the floor at Cameron Indoor Stadium, battling UNC, N.C. State, and other foes as a member of the Blue Devil men’s basketball team.

After leaving Duke as an ACC Honor Roll performer, he started his career at Ernst & Young before founding his own accounting and consulting practice. Today, after spending the last 20 years in investment banking, he lives in Summit, New Jersey, and stays active in corporate governance.

“My degree in accounting provided the background for me to practice in public accounting, then investment banking, and now has enabled me to serve as a financial expert on several international corporate boards,” Stuart said.

Stuart’s ties to Duke go back much farther than that basketball camp, though. Nineteen other relatives are Duke alumni, including two daughters, his father, and his grandfather— a 1902 Trinity graduate.

He and his wife, Mary, established a charitable remainder unitrust that will provide an income stream to them for their lifetimes and then will fund The Mary and Stuart Yarbrough Scholarship Fund. The scholarship will provide funding for undergraduate student-athletes.

“Attending Duke on an athletic scholarship has always been meaningful to me because it provided the opportunity for me to play for one of the top basketball programs in the country while earning a degree from one of the top academic schools,” Stuart said. “By funding an athletic scholarship, I am pleased to provide similar opportunities to other student-athletes.”

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TAGS: scholarships charitable remainder unitrust athletics basketball

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