the purpose of the society shall be to honor students of jesuit institutions of higher education who distinguish themselves in scholarship, loyalty and service; to honor persons who may or may not be alumni of jesuit institutions of higher education who have distinguished themselves in scholarship, loyalty and service in their intellectual, civic, religious, professional or commercial pursuits; to band together and to encourage those so honored to understand, to appreciate and to promote the ideals of jesuit education; to encourage the establishment and proper functioning of chapters in accredited jesuit institutions of higher education; and to encourage the establishment and proper functioning of alumni clubs.