Although the business school was named after Mr. Bryan, the building that housed the academic departments was still known as the School of Business and Economics Building. In June 1989, Mr. Bryan pledged a financial gift of $666,000 to UNCG for the creation of a $1 million endowed professorship called the Joseph M. Bryan Distinguished Professorship. Shortly after his generous donation, UNCG President William Moran recommended to the UNCG Board of Trustees that the current School of Business and Economics Building be officially renamed the Joseph M. Bryan Building. In September 1989, the motion was passed by the board members and the building officially changed its name. Today, the name of building is commonly shortened to the Bryan Building.