Jeffrey Katzenberg and Steven Spielberg have each made $10 million gifts toward the Academy Museum of Motion Pictures.

Not coincidentally, the two main galleries on the lobby floor of the Academy Museum (to be located in the historic former May Co. building on the campus of the Los Angeles County Museum of Art) will be named the Marilyn and Jeffrey Katzenberg Gallery and the Spielberg Family Gallery.

“Steven and Jeffrey share a passion for moviemaking and philanthropy,” said Academy Museum campaign chair Bob Iger. “With these incredibly generous gifts, they are combining the two, moving us closer to our goal of building a museum to preserve the history of motion pictures and inspire the next generation of filmmakers.”

More than half of the museum’s capital campaign goal of $300 million has been secured.

“I am so pleased to join with Jeffrey to help build this museum to celebrate, educate, and preserve the arts and sciences of motion pictures,” said Spielberg. “Having our family name on the lobby floor is a deeply personal way to say how much motion pictures and the Academy have meant to all our lives.”

Said Katzenberg: “Both Steven and I recognize that film’s global impact deserves a museum that reflects its unequaled heritage and serves as a beacon for the future of what we love. Marilyn and I appreciate this opportunity to be part of such a significant project.”

David Geffen, who co-founded Dreamworks with Katzenberg and Spielberg, previously donated $25 million to the Academy Museum. Other significant gifts include $20 million from Dalian Wanda Group.

“Steven and Jeffrey have elevated the art of filmmaking to new heights and have created some of the most beloved films of all time,” Academy prexy Cheryl Boone Isaacs said. “They continue to be champions of our industry. Having them join us as we build the Academy Museum is an incredible honor. We are so grateful for their support and partnership.

Isaacs said that the Katzenberg and Spielberg spaces will be the only galleries on the lobby level, showcasing exhibitions that will explore the moviemaking past, present and future.

“We are building the world’s premier movie museum, and I cannot imagine doing this without the support of two of our industry’s most inspiring leaders,” added Academy CEO Dawn Hudson. “Their gifts will create the first galleries our visitors experience when entering the museum.”