McKeough was named to the Board of Governors in 1978. In mid-1983 he was asked to chair the Second Century Campaign, he called the first meeting to order in August, and this meeting began six years of intense effort. The Second Century Building was proposed to enhance the school's science, computer and humanities facilities. From the Board's approval of the buildings concept in 1985 to the reality of the flagship facility in 1989 was a period of incredible effort. The financial campaign was, of course, paramount, and the leadership of Darcy through it all was nothing short of remarkable. In addition to his significant contributions to the Board, Darcy also chaired the Ridley College Foundation, a group which oversees an endowment of millions of dollars used for scholarships and bursaries. In his professional career, Darcy is the former CEO of Union Gas and former Treasurer of the Province of Ontario. He has also been appointed an Officer of the Order of Canada.