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Stephen Colbert slammed Donald Trump for saying that $1 million was a small amount of money. During his show "The Late Show with Stephen Colbert" airing on Thursday, October 29, the 52-year-old comedian challenged Trump to donate that "small amount of money" to a charity.

Colbert played footage of Trump's recent appearance on NBC's "Today" show where he told host Matt Lauer about his "humble" beginning. "I started off in Brooklyn and my father gave me a small loan of a million dollars. I came to Manhattan and I have to pay back with interest," the GOP presidential hopeful said.

When Lauer responded that what Trump called "small loan" could be considered fortune to most people, the business magnate defended himself as saying that it wasn't "very much compared to what I've built." Regarding what Trump said, Colbert concluded that a million dollars might be just "garbage" for Trump as he could make billions of dollars. He then joked, "Mr. Trump, you look like a million dollars, clearly."

"Clearly, this is the inspiring story of a young man who made good," Colbert said of Trump's story. "The classic story of riches to richer." The former host of "The Colbert Report" then took an oversized $1 million check to his desk. The check was dedicated to The Harlem Children's Zone, a non-profit working with poverty-stricken children and families.

"Now Mr. Trump, all you have to do is come here and sign it, proving that a million dollars really is a small amount of money, especially when it's helping other people get a start in Manhattan," Colbert said, before noting, "Who knows the kids you help might one day be so rich [that] they could blow their cash on a presidential campaign."