Etymology
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munificent (adj.)

"very liberal in giving or bestowing," 1580s, back-formation from munificence, or else from Latin munificent-, stem of munificus "bountiful, liberal, generous," literally "present-making," from munus "gift or service; function, task, duty, office" (see municipal). Latin munificare meant "to enrich." Related: Munificently.

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Definitions of munificent

munificent (adj.)
very generous;
his father gave him a half-dollar and his mother a quarter and he thought them munificent
a munificent gift
Synonyms: lavish / overgenerous / too-generous / unsparing / unstinted / unstinting
From wordnet.princeton.edu