App State Alumnus Donates $1.3 Million to Athletics and College of Business

Dennis Covington and his wife, Katherine in the end zone of Kidd Brewer Stadium during an App State football game.

Dennis W. Covington (Delta Psi–Appalachian State ’89) and his wife, Katherine, have made a $1.3 million gift to Appalachian State University in support of facilities for App State Athletics and academic resources for the Walker College of Business.

The Covingtons’ gift will help fund campus projects, including the Appalachian 105 complex and a future learning lab for the Walker College of Business.

“Dennis and Katherine have a long history of supporting App State’s goals to empower human potential and improve physical infrastructure, and we appreciate their passion and support for our students’ athletics and academic success,” Chancellor Sheri Everts said. “Their generosity continues to be lasting and meaningful to the bright success of current and future Mountaineers.”

“The App State Experience is a special one,” Dennis said. “We deeply appreciate the time and personal investment university staff showed us in determining the best fit for this gift, and we are anxious to further assist in the development of App State Athletics and the Walker College of Business.”

Since graduating from WCOB with an accounting degree, Dennis has risen through the ranks in the financial services industry to his current role as CEO of Capital Directions, where he is a certified financial planner practitioner. Dennis joined the firm in 2000, following five years as a senior institutional consultant with TIAA and three years as a staff accountant with KPMG.

Dennis has served on the advisory boards of the Appalachian State Alumni Association and the Yosef Club. He has also been a consistent donor to the university for nearly 30 years, contributing to areas such as the Walker College Dean’s Club, A Mountaineer Impact, the Yosef Club and the Department of Finance, Banking and Insurance.

Dennis and Katherine live near Atlanta. They have two children, Will and Mary Elizabeth, who is an App State student majoring in psychology with a concentration in business.

Read more on App State’s website.