The launching of the Pahang State Foundation was graced on September 29, 1983 by His Majesty Sultan Haji Ahmad Shah Ibni Almarhum Abu Bakar Riayatuddin Muadzam Shah, who was the King then.
The main mission of the establishment of the Pahang State Foundation is to bring about improvements in education, sports and culture and to avail opportunities of education among the citizens living in this state.
The Pahang Chief Minister, YAB. Dato’ Sri Haji Wan Rosdy Bin Wan Ismail, SSAP., DSAP., DIMP., SMP., AMP., is the Chairman of the Board of Trustee. In its effort to achieve the mission and vision, the Pahang State Foundation has established its subsidiaries – YP Plantations Holdings, Kolej Yayasan Pahang Education Sdn Bhd (formerly known as IKIP Group of Colleges), Maahad Taafiz Negeri Pahang, YP Hevea Sdn Bhd and YP Mining Sdn Bhd.