Who is phi kappa psi fraternity? This past February marked the 140th year that Phi Kappa Psi Fraternity has been a part of the University of Kansas. Since 1876, the men of the Kansas Alpha Chapter of Phi Kappa Psi have been an integral part of the University for three separate centuries.What can i do to help kappa psi? Work with the Pledge Development committee to rebrand Kappa Psi based on goals above and develop new tools for rush recruitment, pledging and long-term retention.How do you conduct an audit of a fraternity? Develop an audit structure that evaluates risks with the potential to impact the Fraternity and a plan of monitoring. Areas of review may include finance, compliance, operations, and technology. (Strategic goals: 5.a, 5.b, 5.c) Ensure compliance with all local, state and national laws in all financial operations of the Central Office.