I too would call it a Feathered Star with Swag and Tassel Border. I'd say it was most likely made for someone for a special occasion because it is all the same fabric, so it was planned in advance most likely with purchased fabric. The stitching looks very well done, with the straight channels I would think it was intended for use and not just as a display piece. So hard to tell with dots but I'd be thinking that color of red is after 1900 rather than before, but hard to say via photograph.
It may have been neglected but it has held up and is quite the family treasure. Next time you fold it, layout a preferably all cotton sheet on top of your bed, then the quilt, then fold up the extra sheeting. Fold it in thirds loosely -- this time, you can see the deep groove of the half fold. Keep everything loose and then place where it won't be crushed.