What does SBS stand for?

Skull and Bones Society (Yale; aka Russell Trust Association)

This definition appears very rarely and is found in the following Acronym Finder categories:

Organizations, NGOs, schools, universities, etc.

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Samples in periodicals archive:

He passed through Harvard at the same time as George Bush, with whom he was initiated into the secret Skull and Bones society.

BRIAN Lenihan's ministerial diary has [...]

Victoria Scott Santa Fe Bones of contention Regarding Jay Miller's March 15 column, "Geronimo's bones, Skull and Bones; the legend lives": During the past month, leaders of the Apache tribes involved in the Geronimo grave controversy have made clear they do not support Harlyn Geronimo's efforts to relocate the remains, and that they consider the Skull and Bones Society grave-robbing legend a hoax.

LETTERS TO EDITOR

Legend has it that Yale University's ultrasecret Skull and Bones society swiped the remains of American Indian leader Geronimo nearly a century ago from an army outpost in Oklahoma, and now Geronimo's great-grandson wants the remains returned.

Geronimo great-grandson wants bones back

Both Bush and Kerry hold membership in Yale University's Skull and Bones Society, a secret group enlisting a mere 15 seniors each year.

Candidates wallowing in secrecy

Of course, Kerry is also a member of the fiber-elite Skull and Bones society.

Picking a bone with Bush