Beta Kappa is a fraternity and sorority organization that was founded in 1874 at the University of Virginia. It is one of the oldest and most prestigious organizations of its kind in the United States. The term Beta Kappa is derived from the Greek letters Phi (Φ) and NBP (ΝΒΠ), which stand for 'Brothers and Sisters of the Fraternity'. The organization is dedicated to promoting scholarship, leadership, service, and friendship among its members.