I watch for the sales at Hancock and Jo-Ann -
What is your $ limit?
I've given the following items (in different years)
6 inch OmniGrid ruler
UdderCream hand cream in a tube
36 inch retractable tape
Mini cutting board (6x8 or so)
Chalk pencil markers
I've usually wrapped them in a 10.5 inch square of fabric to add to the stack that we usually exchange.
Some items that I've received:
Mug rug
Playing cards (with a quilt design on the back)
Notebooks
Jams/jellies
Bath stuff
Christmas tree ornaments
Soup mug