director on September 7, 2017. As of September 2019, Johnson remained in that role, with Carmine Starnino as Deputy Editor, Viviane Fairbank as Editor and Samia Madwar as Managing Editor. Finances Though The Walrus was initially pledged $1 million annually by the Chawkers Foundation for its first five years, it was unable to access this money without first being recognized as a charitable organization by the Canada Revenue Agency. The Alexander family was forced to support the magazine out of its own pocket until it finally received charitable status in 2005, creating the charitable non-profit Walrus Foundation. In addition to publishing the magazine, the Foundation runs events across Canada, including talks and debates on public policy. In the relatively small and geographically dispersed Canadian market, magazines producing long-form journalism have often struggled to stay afloat. Saturday Night, which The Walrus editor John Macfarlane formerly published, lost money continuously despite being a celebrated publication. But as Macfarlane reports, The Walrus'''s charitable model, similar to that of Harper's'', is so far sustaining it: donations covered about half of the costs of producing the magazine in 2010, with the traditional revenue streams of circulation and advertising providing the rest. This is all the more important for the magazine because its educational mandate requires that it keep a ratio of no less than 70 percent editorial content to 30 percent advertising. References External links Cultural magazines published in Canada Magazines established in 2003 Magazines published in Toronto 2003 establishments in Ontario