American undergraduate honorary society
. Founded in 1776, election to it is considered by many the highest honor that can be granted to an undergraduate. Membership is granted to around 1% of college graduates.
Famous Phi Betes include:
PBK began as a secret literary and philosophical society at the College fo William and Mary
s were established in the early 1800
s at other prestigious east coast
institutions. The "secret" bit was jettisoned during a period of strong anti-Masonic sentiment, in 1831. PBK was the first greek-letter fraternity.