What does your daughter do in her spare time?
There are plenty of places that would love to be on the receiving end of your quilts. Our Rescue Mission opened a new women's/children's shelter last fall, and a few local churches made quilts for all the beds there.
If the cost of quilting is getting to you, you could put an ad in the paper or your local Craigslist asking for fabric donations to make quilts for charities. There are people out there with stuff they don't want to bother to sell and would gladly donate to someone they know will put it to good use. I did that for the Million pillowcase challenge and received free fabric for that.
You could do a great service without having to fund the whole project yourself. (and make more!!)