(a) There is a program of scholarships for children of volunteer fire fighters or volunteer ambulance or rescue squad members who died or were disabled by an accident resulting from:
(1) Performing any duties necessary to the operation or maintenance of the fire company; or
(2) Actively participating in the ambulance or rescue squad work of an incorporated volunteer fire company or volunteer ambulance or rescue squad in the State.
(b) The recipient of a scholarship under this section shall be a graduate of an accredited high school.
(c) The Board of Trustees of the Maryland State Firemen’s Association, in its discretion, shall:
(1) Determine the amount of each award; and
(2) Select the recipient of each award.
(d) The Maryland State Firemen’s Association shall provide the funds for these awards.