diff --git a/ghost/core/core/server/data/migrations/versions/5.58/2023-08-02-09-42-add-donation-settings.js b/ghost/core/core/server/data/migrations/versions/5.58/2023-08-02-09-42-add-donation-settings.js
new file mode 100644
index 0000000000..acfc8ae08c
--- /dev/null
+++ b/ghost/core/core/server/data/migrations/versions/5.58/2023-08-02-09-42-add-donation-settings.js
@@ -0,0 +1,16 @@
+const {combineTransactionalMigrations, addSetting} = require('../../utils');
+
+module.exports = combineTransactionalMigrations(
+    addSetting({
+        key: 'donations_currency',
+        value: 'USD',
+        type: 'string',
+        group: 'donations'
+    }),
+    addSetting({
+        key: 'donations_suggested_amount',
+        value: 0,
+        type: 'number',
+        group: 'donations'
+    })
+);
diff --git a/ghost/core/core/server/data/schema/default-settings/default-settings.json b/ghost/core/core/server/data/schema/default-settings/default-settings.json
index 18b2ee5cc7..5a79fde169 100644
--- a/ghost/core/core/server/data/schema/default-settings/default-settings.json
+++ b/ghost/core/core/server/data/schema/default-settings/default-settings.json
@@ -549,5 +549,21 @@
             "defaultValue": null,
             "type": "string"
         }
+    },
+    "donations": {
+        "donations_currency": {
+            "defaultValue": "USD",
+            "validations": {
+                "isEmpty": false
+            },
+            "type": "string"
+        },
+        "donations_suggested_amount": {
+            "defaultValue": 0,
+            "validations": {
+                "isEmpty": false
+            },
+            "type": "number"
+        }
     }
 }
diff --git a/ghost/core/test/e2e-api/admin/__snapshots__/settings.test.js.snap b/ghost/core/test/e2e-api/admin/__snapshots__/settings.test.js.snap
index b29916086c..baf27521f3 100644
--- a/ghost/core/test/e2e-api/admin/__snapshots__/settings.test.js.snap
+++ b/ghost/core/test/e2e-api/admin/__snapshots__/settings.test.js.snap
@@ -304,6 +304,14 @@ Object {
       "key": "pintura_css_url",
       "value": null,
     },
+    Object {
+      "key": "donations_currency",
+      "value": "USD",
+    },
+    Object {
+      "key": "donations_suggested_amount",
+      "value": "0",
+    },
     Object {
       "key": "members_enabled",
       "value": true,
@@ -694,6 +702,14 @@ Object {
       "key": "pintura_css_url",
       "value": null,
     },
+    Object {
+      "key": "donations_currency",
+      "value": "USD",
+    },
+    Object {
+      "key": "donations_suggested_amount",
+      "value": "0",
+    },
     Object {
       "key": "members_enabled",
       "value": true,
@@ -718,7 +734,7 @@ exports[`Settings API Edit Can edit a setting 2: [headers] 1`] = `
 Object {
   "access-control-allow-origin": "http://127.0.0.1:2369",
   "cache-control": "no-cache, private, no-store, must-revalidate, max-stale=0, post-check=0, pre-check=0",
-  "content-length": "4012",
+  "content-length": "4104",
   "content-type": "application/json; charset=utf-8",
   "content-version": StringMatching /v\\\\d\\+\\\\\\.\\\\d\\+/,
   "etag": StringMatching /\\(\\?:W\\\\/\\)\\?"\\(\\?:\\[ !#-\\\\x7E\\\\x80-\\\\xFF\\]\\*\\|\\\\r\\\\n\\[\\\\t \\]\\|\\\\\\\\\\.\\)\\*"/,
@@ -1032,6 +1048,14 @@ Object {
       "key": "pintura_css_url",
       "value": null,
     },
+    Object {
+      "key": "donations_currency",
+      "value": "USD",
+    },
+    Object {
+      "key": "donations_suggested_amount",
+      "value": "0",
+    },
     Object {
       "key": "members_enabled",
       "value": true,
@@ -1369,6 +1393,14 @@ Object {
       "key": "pintura_css_url",
       "value": null,
     },
+    Object {
+      "key": "donations_currency",
+      "value": "USD",
+    },
+    Object {
+      "key": "donations_suggested_amount",
+      "value": "0",
+    },
     Object {
       "key": "members_enabled",
       "value": true,
@@ -1711,6 +1743,14 @@ Object {
       "key": "pintura_css_url",
       "value": null,
     },
+    Object {
+      "key": "donations_currency",
+      "value": "USD",
+    },
+    Object {
+      "key": "donations_suggested_amount",
+      "value": "0",
+    },
     Object {
       "key": "members_enabled",
       "value": true,
@@ -2141,6 +2181,14 @@ Object {
       "key": "pintura_css_url",
       "value": null,
     },
+    Object {
+      "key": "donations_currency",
+      "value": "USD",
+    },
+    Object {
+      "key": "donations_suggested_amount",
+      "value": "0",
+    },
     Object {
       "key": "members_enabled",
       "value": true,
@@ -2543,6 +2591,14 @@ Object {
       "key": "pintura_css_url",
       "value": null,
     },
+    Object {
+      "key": "donations_currency",
+      "value": "USD",
+    },
+    Object {
+      "key": "donations_suggested_amount",
+      "value": "0",
+    },
     Object {
       "key": "members_enabled",
       "value": true,
diff --git a/ghost/core/test/e2e-api/admin/settings.test.js b/ghost/core/test/e2e-api/admin/settings.test.js
index 030d4d939d..40a5cd703d 100644
--- a/ghost/core/test/e2e-api/admin/settings.test.js
+++ b/ghost/core/test/e2e-api/admin/settings.test.js
@@ -8,7 +8,7 @@ const {stringMatching, anyEtag, anyUuid, anyContentLength, anyContentVersion} =
 const models = require('../../../core/server/models');
 const {anyErrorId} = matchers;
 
-const CURRENT_SETTINGS_COUNT = 79;
+const CURRENT_SETTINGS_COUNT = 81;
 
 const settingsMatcher = {};
 
diff --git a/ghost/core/test/regression/models/model_settings.test.js b/ghost/core/test/regression/models/model_settings.test.js
index 285891ddb1..a3f930466b 100644
--- a/ghost/core/test/regression/models/model_settings.test.js
+++ b/ghost/core/test/regression/models/model_settings.test.js
@@ -5,7 +5,7 @@ const db = require('../../../core/server/data/db');
 // Stuff we are testing
 const models = require('../../../core/server/models');
 
-const SETTINGS_LENGTH = 90;
+const SETTINGS_LENGTH = 92;
 
 describe('Settings Model', function () {
     before(models.init);
diff --git a/ghost/core/test/unit/server/data/exporter/index.test.js b/ghost/core/test/unit/server/data/exporter/index.test.js
index 5dd93ca653..cb3c2e3995 100644
--- a/ghost/core/test/unit/server/data/exporter/index.test.js
+++ b/ghost/core/test/unit/server/data/exporter/index.test.js
@@ -236,7 +236,7 @@ describe('Exporter', function () {
 
             // NOTE: if default settings changed either modify the settings keys blocklist or increase allowedKeysLength
             //       This is a reminder to think about the importer/exporter scenarios ;)
-            const allowedKeysLength = 82;
+            const allowedKeysLength = 84;
             totalKeysLength.should.eql(SETTING_KEYS_BLOCKLIST.length + allowedKeysLength);
         });
     });
diff --git a/ghost/core/test/unit/server/data/schema/integrity.test.js b/ghost/core/test/unit/server/data/schema/integrity.test.js
index f043ed8cfb..86fcb9a1ec 100644
--- a/ghost/core/test/unit/server/data/schema/integrity.test.js
+++ b/ghost/core/test/unit/server/data/schema/integrity.test.js
@@ -37,7 +37,7 @@ describe('DB version integrity', function () {
     // Only these variables should need updating
     const currentSchemaHash = '99a8fe2394b685cc1ce4c44d8e87a1ad';
     const currentFixturesHash = 'af43eef1ac4f14fc1bc0ea351300420f';
-    const currentSettingsHash = '4f23a583335dcb4cb3fae553122ea200';
+    const currentSettingsHash = 'dd0e318627ded65e41f188fb5bdf5b74';
     const currentRoutesHash = '3d180d52c663d173a6be791ef411ed01';
 
     // If this test is failing, then it is likely a change has been made that requires a DB version bump,
diff --git a/ghost/core/test/utils/fixtures/default-settings.json b/ghost/core/test/utils/fixtures/default-settings.json
index b920c22b7d..ff2e899ce8 100644
--- a/ghost/core/test/utils/fixtures/default-settings.json
+++ b/ghost/core/test/utils/fixtures/default-settings.json
@@ -557,5 +557,21 @@
             "defaultValue": null,
             "type": "string"
         }
+    },
+    "donations": {
+        "donations_currency": {
+            "defaultValue": "USD",
+            "validations": {
+                "isEmpty": false
+            },
+            "type": "string"
+        },
+        "donations_suggested_amount": {
+            "defaultValue": 0,
+            "validations": {
+                "isEmpty": false
+            },
+            "type": "number"
+        }
     }
 }