Built in 1922, Samuel Richard Memorial Hall was named for Samuel Richard, a Bacone student who died while attending the school in 1916. The Collegiate Gothic-style building cost $150,000, including $58,000 donated by his father, Eastman Richard, a Creek man who became one of the richest Creek Indians of his time after oil was discovered on land once thought worthless that had been allotted to him. The rest of the funding came from the General Education Board and the American Baptist Home Mission Society. Joseph S. Murrow laid the cornerstone on June 16, 1921, and it named Eastman Richard and the American Baptist Home Mission Society as those who erected the building for Bacone College, with Benj. D. Weeks as president, James H. Reddick as contractor, Chas. W. Dawson as architect, and T.E. Bassham as associate. Additional gifts for furnishings and construction came from Mrs. Susanna Butler, Creek, Mrs. Winy Brown, Creek, Mrs. Louisa Brown, Creek, Mr. John David, Choctaw, Eliza Sewell, Euchee, and Oliver C. Wilkerson, Cherokee. Soon after it was built, the American Baptist Home Mission Society called it one of the larger, better school buildings and more convenient recitation halls in the South. The building has served as home to administrative offices, the library, and classrooms.