Membership in Phi Beta Kappa is for life. Phi Beta Kappa is a national organization which sponsors scholarships, awards, and fellowships;  it also publishes the Key Reporter, a quarterly newsletter which is sent to all members.  Members who work at universities or colleges which have chapters of Phi Beta Kappa are invited to affiliate with these chapters as resident members and participate in chapter activities;  in addition, there are over 58 alumni associations in different parts of the country which bring together PBK members of all ages for cultural, educational, or philanthropic purposes.