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Capping off its fundraising goal for a $30 million renovation, the Smithsonian American Art Museum has announced a $5.4 million gift from David M. Rubenstein, a member of the Smithsonian’s Board of Regents as well as the co-founder and co-CEO of the Carlyle Group. An active preservationist, Rubenstein has also made recent gifts to the Washington Monument, the National Archives, and Monticello.

The two-year renovation (the gallery’s first in four decades) will include a gallery-wide switch to LED lighting and a tech-forward overhaul of the Grand Salon, which will now be named in Rubenstein’s honor. L.A.-based design firm Applied Minds was selected to outfit the salon with high-definition projectors, wall-to-wall screens, and a top-grade sound system, turning the room into a dynamic, immersive home for multimedia projects.

Currently closed for construction, the museum is set to reopen to the public early next year.

Photo by Joshua Yetman