Like so many hundreds if not thousands of English nouns, gift actually began as a verb but at some point a millennium ago was nouned only to be reverbed in the last century and now sits uncomfortably as both noun and verb. My guess it’ll be mostly a verb in a generation or two, since present, itself a nouned verb, has pretty much the same meaning as gift, and has the advantage of being bisyllabic, so the noun can have a different syllable stress than the verb, which to the ear makes them two completely separate words though the eye will wonder occasionally why they’re spelled the same.
English has the ability to render almost any noun into a verb simply through context—putting it in the sentence where a verb should be, and then adding whatever suffixes are required—gifting, gifted, gifts—by regular verb conjugation. And English can also turn verbs into nouns simply by dropping the conjugation and putting it in a sentence where a noun should be. Usually it’s just a temporary or even a one time only transformation, but then sometimes they stick. Gifting has stuck. But then so have many, perhaps even most English verbs. A lot of verbs in English would not be verbs at all if someone hadn’t had the urge to use it as a verb because there was no other way of expressing what one was actually doing with the noun. So you verbed the noun. Easy enough. Thus someone a thousand years ago, perhaps a Norman who didn’t know his Old English verbs anyway, used the correct English verb giften as a noun. Soon everyone was. And look what trouble it’s caused now.
A quick look through the dictionary (if you’re so inclined or bored enough to actually read a dictionary) will reveal an incredibly high proportion of our nouns have been verbs at some point and vice versa. Most languages can’t actually do so, their grammar rules are far too complex. But the language gods have gifted us with the ability to wantonly noun and verb our little brains out, and worse yet, be understood. All we can do is watch meanings shift right before our eyes. Or ears. Whatever.






