A $5.4 million donation from David M. Rubenstein, co-founder and co-chief executive of D.C.-based private-equity firm The Carlyle Group, and a philanthropist known for contributions to landmarks of American history, has completed fundraising for the renovation of the Smithsonian’s Renwick Gallery.
The building, the Smithsonian’s third oldest, houses craft objects and decorative arts from the 19th century to the present, and the donation is the final part of a two year, $30 million public/private campaign to overhaul infrastructure and renovate the Grand Salon, which will be named in honor of Rubenstein.
