Newly wealthy Jim gives each of the gang $1000 to give away, in an effort to teach them how good it feels to give someone else $1000. Latka & Simka give the money to their minister, who protests loudly (as is their custom) but accepts the money nonetheless. Tony uses the money to buy his friend Walt a large TV set. Elaine (inexplicably) gives the money to her daughter, suggesting that she split it with her brother. Louie gives the money to Jeff, who won't accept Louie's "dirty money" until he learns it was from Jim. Alex has trouble finding someone to give the money to until he comes accross an old lady in his cab with seven kids.