The founding members were Philip Spencer, Robert Heyward McFaddin, Jacob Henry Farrell, John Brush Jr., Samuel Titus Taber, James Lafayette Witherspoon, William Force Terhune, Alexander Peter Berthoud, James Chatham Duane, and Patrick Upshaw Major.

The Chi Psi Educational Trust has funded the Program for Excellence, consisting of workshops that instill the fraternity's members with a respect for themselves, the people they are around, and their community.

[7] In 1971, Chi Psi at the University of Virginia conducted a staged lynching with a group of black-hooded students with rifles surrounding a black-faced mannequin swinging from a tree.

The Frank Zappa quote, "You know I'm not black, but there's a whole lot of times I wish'd I wasn't white", was displayed on the opposing page and was part of the Chi Psi yearbook entry.

So, the objectionable photo, combined with the quote, appears to have been a poorly executed attempt at condemnation of racism and violence against blacks.