Carter Ashton Jenkens, the 18-year-old son of a minister, had been a student at Rutgers University, New Jersey, where he had joined Chi Phi Fraternity. When he transferred to Richmond College in the fall of 1900, he companions to take the place of the Chi Phi brothers he had left behind at Rutgers. During the course of the term, he found five men who had already been drawn into a bond of an informal fellowship, and he urged them to join him in applying for a charter of Chi Phi at Richmond College. They agreed, and the request for charter was forwarded to Chi Phi only to meet with refusal because Chi Phi felt that Richmond College, as any college with less then 300 students, was too small for the establishment of a Chi Phi chapter.

Wanting to maintain their fellowship, the six men, Jenkens, William Carter, Thomas Wright, William Phillips, Benjamin Gaw, and William Wallace, decided to form their own local fraternity.

Of the six, Jenkens was the only one who really knew what a fraternity was, so the task of drawing the plans for the new fraternity fell to him.

Early records described young Jenkens' thorough search for a philosophy upon which a new college fraternity could be built. He discovered in the Bible what he called "The Greatest truth the world has ever known."

A committee of Jenkens, Gaw, and Phillips was appointed to discuss plans with the administration of the college. These men met with the faculty committee, where they requested to present their case.

The fraternity committee was requested to explain:

(1) The need for a new fraternity since chapters of five national fraternities were on the campus and the total enrollment at Richmond College was less than 300.

(2) The wisdom of this attempt to organize a new fraternity with twelve members, of whom seven were senior.

(3) The right to name the new fraternity Sigma Phi, the name of an already established national fraternity.

The fraternity committee answered along this line: "This fraternity will be different, it will be based on the love of God and the principle of peace through brotherhood. The number of members will be increased from the undergraduate classes. We will change the name to Sigma Phi Epsilon." Though the discussion lasted some time, the faculty committee was friendly, and permission was granted for the organization of the new fraternity to proceed, provided full responsibility for the consequences would rest on the group of twelve students.

Immediately at the close of the conference with the faculty committee, the fraternity committee rushed to Jenkens' room to borrow Hugh Carter's Greek-English Lexicon; convinced themselves that Epsilon had a desirable meaning, and then telegraphed jeweler Eaton in Goldboro, North Carolina, to add an E on the point of each of the twelve badges which were manufactured and ready for shipment. Before the job of adding an E on the badges was complete, eight other students were pledged to Join Sig Ep. The purchase order was then increased to twenty badges at $8 each, with the initials of each man engraved on the back of his badge.

These twenty original heart-shaped badges were of yellow gold, with alternating rubies and garnets around the edge of the heart, with the Greek characters SIGMA PHI and skull and crossbones in gold and black enamel in the center and a black E in gold at the point. (William Hugh Carter's and Thomas V. "Uncle Tom" McCaul's original badges are on display at the Zollinger House.)

Founder Lucian Cox reflected on the "Brotherhood that had inspired him and his brothers when he wrote in the Sigma Phi Epsilon Journal, Vol. 1 No. 1, March, 1904: "As a member of an ideal fraternity, the resources of every member of that body are my resources, the product of their lives is my daily life. The Fraternity is a common storehouse for experience, moral rectitude, and spirituality; the larger and purer the contribution of the individual the greater the resources of each member."

Five men were pledged before Christmas and were initiated in January, 1902. The last three of the first group of twenty were initiated February 1, 1902, another was initiated in March.