Depends on what your community need, I think?
For example I used to be a university club president, and what we needed were actual board & stones. Go wasn’t very famous back then so the merchandise we had were only plastic paper board & plastic stones, better equipment needed to be shipped from China and it boosted the price up too much for students.
Several other things any community always need:
- Books
- Pro lectures
- Low level / local / inhouse tournaments
All can be funded (altogether) with $1000.
Other things that no one would say no to (which $1000 might not be enough for, but with several benefactors maybe)
- Community merchandise (OGS T-shirt pleaseeeee??)
- Long term rental of a place to meetup?