I do a craft from the kids. A card usually with a handprint on it. This year the handprint will make rudolph. Still looking for a clever poem to put in the card though.
And I'll do an ornament with their handprint on it, the date and name of the child.
I also just did a great craft with a bunch of handprints upside down t omake a christmas tree. i'm going to let the kid decorate and if they turn out really well i may try to frame them.
And I'll give them a christmas card from my family to theirs and gifts for the kids of course.