My fraternity had a re-chartering event in which we sought to bring several men back for the event. We had a "Commander's reception" for past presidents of the chapter. (Sigma Nu calls their presidents "Eminent Commanders")
This was a cocktail reception with finger food. It was an exclusive little forum that made these former presidents feel really good about their service to the fraternity. It served to introduce men across the generations. Most importantly, it was a vehicle to get all of these leaders back to the event, and since they were most influential in their eras, they were able to attract many other brothers from their time, also.
Also, I'd make an entire weekend out of it. Why? Several women will have to travel in for the event. People don't want to drive many hours or get on an airplane for a chicken dinner at the sorority house. I would make it a two-day event with several activities that allow the ladies to really interact with one another and make the trip worth-while.
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