Walrus announces $225,000 writers’ fund

Renewed fundraising efforts at The Walrus are paying off. The Walrus Foundation has announced the creation of the Allan Slaight Writers’ Fund for the magazine.

The Slaight Family Foundation has donated $75,000 per year for the next three years “to support new or emerging Canadian writers.”

According to a Walrus press release, the money will go “directly and exclusively to paying writers who contribute to The Walrus. The fund will make possible approximately 15 to 20 pieces of serious journalism by new or emerging writers. The magazine currently spends about $400,000 per year on editorial content, so the Slaight Family Foundation’s commitment represents almost one fifth of The Walrus’s editorial content budget.”

The fund is named after Allan Slaight, founder of Slaight broadcasting, which became Standard Broadcasting and was bought by Astral Media in 2007.