Richmond College, where Sigma Phi Epsilon was founded in the early 20th century, was at the time attended by a mere 200 students, and perhaps between a third and a half of this number belonged to five fraternities. Kappa Alpha Order had come there in 1870, Phi Kappa Sigma in 1873, Phi Gamma Delta in 1890, Pi Kappa Alpha in 1891, and Kappa Sigma in 1898. Phi Delta Theta, Sigma Chi, and Sigma Alpha Epsilon also had established chapters there which had expired. The little Baptist college was founded in 1830, and many of its graduates became Baptist ministers.

Most of the national fraternities, as their histories show, have been established simply because they were needed. The hunger for brotherhood was at the bottom of an unrest in young men's souls. Sigma Phi Epsilon was founded because twelve young collegians hungered for a campus fellowship based on Judeo/Christian ideals that neither the college community nor the fraternity system at the time could offer. Sigma Phi Epsilon was needed. It was founded, moreover, because the leadership which is required for such a project asserted itself in fortunate ways.