Yes, either re-engine it, which can be done at any competent shop, or donate it to a local high school for their auto tech classes. In MoCo, Edison HS has an amazing program for this. The students will pull the engine and install a rebuilt one that they assembled, and will fix anything else with the car that needs fixing, detail it, and put it up for auction, with the proceeds going to scholarships for students in the program.
This is a much better option than scrapping it.