In September 2013, the Juan March Foundation and the Carlos III University decided to jointly support CEACS, and turned CEACS into the Instituto Carlos III-Juan March (IC3JM), and relocated the campus from Salamanca in central Madrid to Getafe; the academic staff, activities, programmes, and library of the former CEACS were absorbed by IC3JM. The two organizations collaborated to found the institute in its current incarnation; it is located on Carlos III University campus but both organizations contribute funding. Ignacio Sánchez-Cuenca has served as IC3JM's Director since its inception in 2013.