One of the teachers in my daughters day care were leaving (May 2009),I had to complete this project in a day as her last day changed all of a sudden. So due to time limit constraint, I executed this project for all the teachers in a day's time. So I basically came up with a multipurpose item as mentioned in the title.
Painted this wooden gift bag in Red color (used metallic paint) to get the shiny affect. Then stuck 3-d gem stickers on them to fill up the space. At the back of gift holder I pasted the magnet (comes with one side sticker and other side magnetic layer) to create a magnetic pen holder.
Filled it with a thank you card, a gift card and some chocolates.
So here is a simple project for anybody to do in a day. The ladies liked it, and its simple and different .