I love this idea Stacy!
We used to gifts for our circle of friends. That was stressful and expensive enough but, when all of us had kids, it became insane. Finally one year we decided to do an outing together instead. We take all the kids to Zoo Lights, have hot cocoa and have a nice evening together. It's something the kids talk about all year and we're all making memories together. So much more fun than stressing out about gifts!
We done this in a verable agreement two years ago w/ my husband's sister & spouse.
"Patience is the best remedy for every trouble"- Plautus