In a large bowl, sift together 1 cup all-purpose flour, ½ teaspoon baking soda, ½ teaspoon baking powder, and a pinch of salt.
In a separate bowl, cream together ½ cup softened butter (that's 1 stick of butter for the measurementally challenged) and ½ c. each of granulated and brown sugars. Beat in 1 large egg and 1 tsp. vanilla.
Mix flour mixture into butter/sugar mixture, then mix in 1½ cup flaked coconut.
Drop by teaspoonfuls onto an ungreased cookie sheet (there's enough butter in the dough) and bake for 8-10 minutes until cookies are light brown and edges are toasted.
Cool on racks, wrap them up, and give those b**ches away.