The Friends of Waite Conservation Reserve supports the University of Adelaide to assist in the conservation and ecological restoration of Waite Conservation Reserve, to encourage its community use and enjoyment, and to promote it as a research and educational resource.

The Waite Conservation Reserve is noted as one of the largest and best surviving examples of Grey Box Grassy Woodland in South Australia. Home to more than 200 species of native plants as well as kangaroos, koalas and echidnas, it is a valuable asset to the University of Adelaide and the people of South Australia.