Well, you must have a fabric stash and if it's good size you can still make those gifts. If it's dwindling, how about donating? Many police and fire departments and hospitals take quilts for people, especially kids. Kids are small so they don't require full size quilts, or you could make pillows. Maybe tote bags.
You shouldn't feel bad about doing something - you should feel bad when you don't. And remember, things get better, they ALWAYS get better.