Macaulay Development TrustRegistered

The Trustees shall hold and apply the Trust Property, in trust for the following purposes: The making of such grants or contributions to the costs of individuals or organisations as the Trustees shall deem appropriate to support research into the sustainable use of land and natural resources for the benefit of people, their communities and the environment. the objectives of such research to include (i) improving the understanding of the physical, chemical and biological components of soils, waters and the atmosphere (ii) investigating economic and social inter-relationships to provide the bases for resource management decisions, and (iii) developing strategies for land management and resource use. The expense of administering the Trust , and any tax payable in relation to the Trust , shall be met in priority to all other payments and transfers of assets out of the Trust Property.