Ahh, the most complex solution appeals to me yet again (why do I do this to myself??)
First, all the ideas are GREAT. But since Tracy's ideas involves more $$ and more work, naturally it's the one I couldn't wait to start!! (Did I say I wanted to do this for just a little$$?) Anyway, I got 14 canvas bags, lots of ribbon (most on sale for $.44 a roll), some clipart and some fabric paint. I'm gluing 3 strips of ribbon to the top of each bag, a different set of colors for each bag. On one side, I plan to put a small piece of transfer clipart (trying to keep the transfer paper cost to a minimum) with some decorative painting and a few jewel-type beads, most of which I've had for years. On the other side, I'll write "So-and-so's Disney Bag, 2002" and into it go all the goodies. I realized this would be an opportunity to give everyone something really from me that is both useful and will provide a great memory. I'm hoping they'll be able to use the bags when going to the pool, etc.
Thanks so much, everyone. If I can figure out how to post pictures, I will when I get them done.