A generous anonymous gift to the Indiana State University Foundation made the sculpture, "Under the Buttonwood" by Tell City artist Greg Harris possible. There is plenty of symbolism behind the sculpture for both Indiana State and the Scott College of Business in particular. "Under the Buttonwood" is a stone carving of a buttonwood leaf, commemorating a 1792 meeting beneath a buttonwood tree on Wall Street in New York City where 24 stockbrokers signed an agreement establishing the New York Stock Exchange.

Buttonwood trees are now more commonly known in the U.S. as sycamores, which are featured in the state song of Indiana and, of course, is part of Indiana State's logo. Brien Smith, dean of the Scott College of Business, said that "Just as this sculpture commemorates the birth of Wall Street as the hub of world financial markets, it also commemorates the dawn of a new era for the Scott College and a new foundation in learning made possible by this beautifully renovated facility."

Interestingly, the quarry the stone for "Under the Buttonwood" is the same one used for the stone that was used to build Federal Hall in the 1930s.