Disregarded Entity. A disregarded entity, also called a pass-through entity, is one that is distinct from its owner for some purposes, but not when it comes to taxes. Sole proprietorships and partnerships, for example, are disregarded entities because the owners of these corporations report the business's income on their personal tax returns.
Kappa Alpha Psi. Kappa Alpha Psi (ÎºÎ±Ï) is a collegiate Greek-letter fraternity with a predominantly African-American membership. Since the fraternity's founding on January 5, 1911 at Indiana University Bloomington, the fraternity has never limited membership based on color, creed or national origin.
Kappa Alpha Psi is a member of the National Pan-Hellenic Council (NPHC) and the North-American Interfraternity Conference (NIC).appa Alpha Psi celebrated its 100th anniversary on January 5, 2011, and is one of only four predominantly African American collegiate fraternities to do so.