Well, you might salvage the good parts for throw pillows. Some squares, some hearts, and rounds. You can always cover some of the paint spots with small lace rosettes, and maybe use ribbon to cover small holes. I wouldn't worry about imperfections like small tucks. They will give your things "character".
I have some that have been made from the salvaged parts of old quilts, and they work well with my vintage quilts, and bears.
Breaks my heart to see all that labor of love not treated with the respect it deserved.
Kudos to you for rescuing a part of your heritage.