Remove the label from the bottle by either peeling or soaking it in warm water. Rinse out the bottle and let it dry.
Prepare a mixture of 1/4 cup sugar and 1 cup water in a small saucepan. Cook over low heat, stirring frequently, until the mixture almost boils. Turn off the heat and set the syrup aside to cool.
Poke 2 holes in the neck of the bottle, just below the area where the cap attaches. The holes should be directly across from each other.
Tie a large knot at one end of the ribbon, and thread the unknotted end through one of the holes in the bottle, leaving the knot on the outside of the bottle. Thread the other end of the ribbon through the other hole and tie a knot outside the bottle. Pull the ribbon taut. The knot should keep the ribbon from pulling through the hole, but to improve stability, place a dab of hot glue over both knots.
Cut a small flower shape---no larger than 1-inch in diameter---from the craft foam. Cut out another larger flower with a diameter slightly bigger than the base of the bottle. These red pieces will attract hummingbirds.
Glue the large foam flower to the base of the bottle. Glue the smaller flower on the side of the bottle, about 2 inches from the top. Use the nail to pierce through the center of the small flower and the bottle to allow a place for the hummingbird to feed. The hole should be about the size of a wooden matchstick.
Place the funnel in the mouth of the bottle and pour the syrup to just below the feeding hole. Screw on the bottle cap and hang the feeder by its ribbon handle.