The experiment was conducted by Up TV, a family-friendly satellite cable television network.
Most of the children come from low-income families, some of which cannot afford Christmas presents.
WATCH: Kids given tough choice on Christmas presents
Many of the children agonized over the gift choice, but in the end they all picked presents for their parents.
Each kid said their parents give up a lot to make them happy so they wanted to be able to give back.
In the end, the children were told they could keep both presents because of their heartwarming decision.