The purpose of the Jacob Fend Fund shall be to provide support for non-profit charitable or educational organizations that engage in activities related to early childhood education in the Greater Johnstown region, consisteent with the requirements of The Jacob Fend Foundation, including the Jacob Fend Foundation Rules and Regulations to Determine Eligibility. Distributions, as set forth in Section 5, shall be made only to children between the ages of three (3) and prior to attaining eighteen (18) years of age who reside within the Greater Johnstown Municipalities, as set forth in The Jacob Fend Foundation Rules and Regulations to Determine Eligibility, which are incorporated herein by reference.