The legal structure of IMDEA-Materials is Private Foundation that provides the Institute with a dynamism that enables it to carry out research of excellence and promotes the technology transfer to the industrial sector. The institute has an independent and efficient management body that is capable of obtaining funds from different sources as well as human capital of the highest level to comply with the two principal aims of IMDEA-Materials: research of excellence and technology transfer to the industry in order to improve its competitiveness. It is for this reason that the private foundation is being considered the most appropriate legal form that combines the organisational flexibility, advantages and guarantees offered by a foundation with the efficient management provided by a private body.