The society was founded in 1968 with the following aims:
- To promote the preservation of the historical artefacts, buildings and landscapes of Milton-Ulladulla and district, first settled in 1828. (Or, "first European settlement in 1828")
- To stimulate and organise research.
- To give talks and conduct excursions.
- To collect and preserve old papers, documents, family trees, photographs, maps and similar material about the district and its history.