MIFP is a non-profit organization whose main goal is to provide efficient and flexible management of international collaboration projects and teaching programmes, to ease and increase the communication between leading researchers in different areas of fundamental and applied physics, and to organize international scientific meetings, workshops, schools and conferences.

The major goal of MIFP is the creation of an environment for fruitful research activities, decreasing the amount of administrative and logistics problems for the members of the Institute, providing flexible management, promotion of fundamental physics in the Mediterranean region, sponsoring the collaboration projects in physics across Europe, although it stays open for any offers from all continents.

[13] MIFP strategic goal is to evolve from an essentially virtual private institution with the administrative base of several persons to the full-scale international research centre with developed infrastructure, laboratories, the core of permanent researchers (20-30 positions), PostDocs, PhD students and visiting professors (50-60 positions), and relevant administration and technical team (20-25 persons).

MIFP intends attracting the highest international level scientists for permanent or fixed-term research positions with competitive salaries.

The ingredients are: Martini Rosso, Ice, Fresh Oranges, and Pepper from Sichuan, making the acronym of the MIFP.