The Richmond Promise is a community-wide scholarship fund and college success program. The goal of the Richmond Promise is to create a college graduating culture in the City of Richmond where all young people are prepared to attend and complete post-secondary education.
The Richmond Promise is a 501(c)3 non-profit formed by the City of Richmond, CA and Chevron Corp.
On July 29, 2014, the Richmond City Council approved the Environmental and Community Investment Agreement (ECIA). The ECIA is an agreement between the City of Richmond and the Chevron Corporation to provide $90 million to the Richmond community over the next ten years. This includes investments in community programs, competitive community grants, community-based greenhouse gas reduction programs and a photovoltaic solar farm.
The City made the Richmond Promise a centerpiece of its agreement, with $35 million of total ECIA funds allocated to the Promise.