The Donostia International Physics Center Foundation (DIPC) was created in 1999, the fruit of institutional collaboration between the Departments of Education and Industry of the Basque government, the University of the Basque Country, the Diputación Foral de Guipúzcoa, the San Sebastián City Hall, the Kutxa of Guipúzcoa and San Sebastián. Iberdrola S.A. also participated in the project from 2000-2003. In 2004, Naturcorp Multiservicios S.A, joined, followed by Telefónica S.A in 2005.
The DIPC was created as an intellectual centre whose main aim is to promote and catalyse the development of basic research and basic research oriented towards material science to reach the highest level. Since its creation, the DIPC has been an open institution, linked to the University of the Basque Country, serving as a platform for the internationalising of basic science in the Basque Country in the field of materials.
During its short life, the DIPC Foundation has become an international point of reference in basic research in the field of the Physics of Materials. This relevance shows in the quality of the researchers who have done research stays at the Foundation, the international level of the conferences held there, and, mainly, by the importance of the scientific contributions made as a consequence of the activities carried out at the DIPC.