Possible Clues:

• Bountiful gift
• Magnanimous bestowal of gifts
• Big letter held gift
• Take a tip from this that it's L, not 1
• The tip of L not 1, by the sound of it
• Distribution of gifts in big steamship, English
• Eelgrass (anag.)
• 'The tip of the capital S, by the sound of it (8)'
• Generosity shown by the capital of Sweden, reportedly?
• Spending up front, reportedly, showing generosity?