If you mean to take the Quran FROM the masjid and give it to children OUTSIDE the masjid, this is prohibited as this Quran is a property of the masjid and can’t be taken out of it.

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The recitation that brings reward for the one who recites a letter of the Book of Allah only refers to the one who reads it in Arabic, as Allah revealed it. Reading the transliteration is not prescribed in Islam. Kindly refer to the following link(s): https://islamqa.info/en/191497

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Kindly refer to the following link(s): https://www.youtube.com/watch?v=TboYJTJqhbk [1]

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No ruling. If one recites it thinking there’s a special blessing tied to it, this is an innovation.

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