I had never heard of the long-standing minhag to give money gifts to teachers till we were well into our school career, and unable to give enough to all 50+ teachers. What teachers have appreciated are personal thank you notes, including mention of a donation made to a meaningful tzedaka. (There are local tzedakas that let us give a block amount, amortize it among the teachers and it doesn’t come to much but the thought definitely does count.) Then, if class mothers go above and beyond the line of duty and organize a class gift, I will participate in that too, even if it’s a stretch for us,out of gratitude for the class mother’s efforts, and to give a more “balabatishe” (you should pardon the expression) gift.
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