When A $1000 Gift Is Better Than $1 Million

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Smaller, local gifts are part of a trend of philanthropists narrowing their focus.

The biggest gifts about $10,000 are too small for many big foundations to consider.

"These grants are not just to support supply and need but to show people they are worth something for who they are," says the Rev.

Lorie Slutsky of the New York Community Trust.

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