Hee hee Jess. You might want to specify that the talent competition cannot include eating mass quantities of food or tricks done with body parts.
Have a jar with each candidate's picture and fraternity on it and have a penny competition - change only no bills. The winner gets to donate it to their philanthropy.
Prizes - gift cert. to BiLo or someplace practical and a plaque.
BTW I saw a very Chris Noth-looking guy at the Loomis over ALF...I don't care if he is in a fraternity or not, if this dude is in swimwear, I'm there.