The Trust Deed and the Trustees
The Trust Deed
The Trust Deed which brought the McCaughey Institute into existence was signed by (David) Roy McCaughey, on behalf of the McCaughey family on 22nd June 1945. The Institute was established by a gift of £1,000 from Roy McCaughey and a gift of lands from the McCaughey families Coree Pastoral Company as a memorial to two family members who lost their lives in the Second World War – Lieutenant Samuel Michael McCaughey and his cousin Air Gunner David Leslie Macpherson.
The initial Trustees, Mr Frank Young and Sir Henry Manning K.C M.L.C. also signed the Trust Deed. Roy McCaughey became a Trustee after the transfer of lands, which included 24,000 acres, the Coree Homestead, Barracks, Woolshed and other outbuildings, from the Coree Pastoral Company.
The Trust Deed established the Institute as a charitable trust in perpetuity for the promotion, encouragement and advancement of education in New South Wales by means of research and instruction and the promotion and dissemination of information and knowledge in subjects connected with the pastoral industry and its allied industries.
While the Trust Deed provides the Trustees with discretion to decide the exact focus of the Institute’s activities, it makes mention of a broad range of pastoral and agricultural disciplines, including animal breeding and genetics, animal health and nutrition, veterinary sciences, soil improvement and conservation, plant and pasture improvement, irrigation, rural economics and other disciplines the Trustees decide from time to time are well aligned to the Trust Deed and are in the best interests of the rural community.
The Current Trustees
The Institute’s Trustees (listed below) are responsible for the governance of the Trust, including determination of research and education activities supported by the Institute. The Trustees are also Directors of the corporate entity McCaughey Memorial Pty Ltd ATF The McCaughey Memorial Institute.
- Mr Michael Gregory, BVSc Sydney, Grad Dip Acc Chairman of Trustees
- Mr Geoff Daniel, BVSc Sydney, MVSc Melbourne
- Dr Rod Kater, MBBS Sydney FRCP London FRACP, FAICD
- Ms Johanna Pheils, BA, LLB Sydney
- Mr Neil Baird Watson, Grad Dip Bus Monash, BA Latrobe, MBA MGSM
- Dr Michael Spence, AC BA LLB Sydney, DPhil PGDipTheol Oxford,
- Vice-Chancellor and Principal of the University of Sydney
- Mr Michael Hedditch, BScAgr Sydney Dip Ed Sydney, ACI MCA ,Trust and Company Secretary
The McCaughey family link to the Institute remains intact with three of the current Trustees being family descendants. The Chairman, Michael Gregory and his cousins Neil Baird Watson and Johanna Pheils are grandchildren of Samuel McCaughey who along with his brother (David) Roy McCaughey were instrumental in arranging the gift of land and funding to establish the Institute. Samuel and (David) Roy McCaughey were nephews of Sir Samuel McCaughey.
The Current Mission
The Trustees have determined the following mission which is well aligned to the Trust Deed:
- To support agricultural research into crops and animal production, both irrigated and dryland
- To support agricultural education at a tertiary level
- To encourage young Australians into agriculture through scholarship programs at a tertiary level
- To conserve the Homestead and other buildings at Old Coree