This year the OGA and its members donated more than $40,000 to the Evans Scholars Foundation (see photo to the right). Individual OGA Members contribute directly to the Chick Evans Caddie Scholarship with one dollar from each of their annual dues going to the scholarship foundation. The Western Golf Association, headquartered in Golf, Illinois, has supported the Chick Evans Scholarship Program through the Evans Scholars Foundation since 1930.
Treasury bonds (T-Bonds, or the long bond) have the longest maturity, from twenty years to thirty years. They have a coupon payment every six months like T-Notes, and are commonly issued with maturity of thirty years.
Answer: Maturity and duration may sound somewhat alike, and both measures are expressed in years. However, they mean very different things. Maturity is pretty straightforward. A bond's maturity is the length of time until the principal must be paid back. So a 10-year bond will earn interest for 10 years from the date it is purchased. At the end of that time period the bond's principal is repaid to the owner of the bond and interest payments cease.