Yayasan Canselor UNITEN was set up in University Tenaga Nasional with the aim of developing, enlightening and empowering individuals through education. Therefore, Yayasan Canselor UNITEN under the patronage of His Excellency, Tun Datuk Seri Utama (Dr) Haji Abdul Rahman Haji Abbas, YCU aims to achieve its fundamental that is to acquire, administer and distribute funds to facilate education opportunities for deserving Malaysians.

YCU was incorporated on June 2, 2009, under Seksyen 2 Akta Pemegang Amanah (Pemerbadanan) 1952 (Akta 258) as Pemegang Amanah Yayasan Canselor University Tenaga Nasional Berdaftar.YCU are officially launched by T.Y.T. Tun Dato' Seri Utama (Dr.) Haji Abdul Rahman bin Haji Abbas on 11th October 2011.

All contributions/donations to Yayasan Canselor UNITEN  are tax deductible under Section 44 (6) of Income Tax Act 1967.