Hi Dekim,
The choice of projectors that can produce resolutions of around 1280x1024 (5:4 aspect ratio) is somewhat limited and usually way in excess of your budget.
The JVC D-ILA projectors may, however, be of interest to you. They are native 4:3 and have SXGA resolution (1365x1024 pixels). They have the best pixel fill factor of any digital projector (93% vs 40-60% for LCD), meaning that you can sit closer to the screen/enjoy a larger picture without seeing screendoor.
For presentation projectors, brightness tends to be more important than contrast. If you have any ambient light, you need a bright unit for the image to not be washed out or hard to see. The D-ILA outputs 1500 lumens, which is plenty bright - even with the lights on.
You can find more information about the D-ILA at:
http://pro.jvc.com/prof/Attributes/f...l_id=MDL100057
A new D-ILA will set you back considerably more than your budget. However, you may be able to pick one up secondhand. Have a look in the classifieds section of this site
Hope this helps.