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Sigma Lambda Beta (ΣΛΒ) (known as Lambda Betas) is the largest historically Latino based fraternity in the United States, established with multicultural membership. Founded in 1986 at the University of Iowa, Iowa City, Iowa the primary purpose of Sigma Lambda Beta is to promote Latino culture based upon the values of fairness, opportunity and equality. The four key principles that serve as pillars to this purpose are Brotherhood, Scholarship, Community Service, and Cultural Awareness.