Yayasan TM (YTM) was formed in November 1994 and later incorporated in January 2007 under the Malaysian Trustees (Incorporation) Act 1952. It was established with the objectives of promoting education advancement by awarding scholarships, grants, bursaries, maintenance allowance and financial assistance to students irrespective of their family backgrounds. As of 2021, YTM is embarking on a transformation journey to elevate YTM into a more social impact-based foundation; focusing on three (3) strengthened pillars namely Education, Community & Nation Building, and Tourism, Culture & Heritage. YTM will spearhead TM Group’s Corporate Responsibility (CR) initiatives across TM Group in support of its Environment, Social and Governance (ESG) and Digital Malaysia aspirations.