"This article analyses the diverse philanthropic traditions in the United Kingdom and Spain by examining donations made to the media between 2009 and 2024. Based on data collected from the Media Impact Funders website, a quantitative research study has been carried out for the purpose of identifying the main foundations that fund journalistic projects in both countries. This study also analyses the media outlets and sectors that benefit from such funding, as well as the focus areas prioritised on the news agendas of the philanthropists. The results show a clear dominance of US foundations in financing journalistic projects in both countries. However, the difference lies in the type of recipients targeted and the variety of topic areas funded. The evidence highlights the complexity of philanthropic journalism in the UK compared to the frailty of the sector in Spain." (Abstract)