May 19, 2026
6565). This item was continued from the April 28,
2026, meeting.
DISCUSSION:
A Bay Area business, Montezuma LLC, proposes to build a carbon waste dumping project that would put Richmond residents’ health and safety at great risk. The project, known as the Montezuma Carbon Hub, would require a massive build out of pipelines through the Delta and San Francisco Bay, posing serious risks to wildlife, water, soil, and public health while doing nothing to protect our climate.
The carbon dioxide waste would come from large, industrial facilities that burn fossil fuels, including the Chevron Refinery in Richmond. This would result in new, dangerous pipelines being built right next to Richmond communities to collect and transport highly volatile carbon dioxide from the Richmond Chevron Refinery.
Montezuma’s carbon waste dumping proposal would be used to justify prolonging the lifespan of refineries, like the Chevron Refinery, putting our communities at risk of continued and increased pollution and pipeline leaks. Carbon Capture & Storage technology (CCS) does not remove existing CO2 from the atmosphere. At best, it diverts a fraction of the additional CO2 pollution produced by the refineries and power plants that rely on fossil and other dirty fuels in their operations.
CCS projects are energy-intensive, using 15 percent to 25 percent more energy to produce the same amount of power as a conventional power plant. Because CCS uses more energy, CCS facilities emit more air pollution and cause higher upstream pollution from the extraction and transport of additional fuel.
As such, we recommend the Richmond City Council adopt a resolution opposing the Montezuma Carbon Hub and all other CO2 waste dumping projects and CO2 pipelines in Richmond, Contra Costa, and Solano Counties.
DOCUMENTS ATTACHED:
Attachment 1 – Presentation Slides
Attachment 2 – Resolution
Attachment 3 – Montezuma CarbonHub Factsheet
1617
Overview & Community Concerns
Richmond City Council, April 2026
Bay Area Carbon Injection &
Pipeline Project
1618
Getting
Situated
1619
What is Carbon Capture & Storage?
1620
Ecological Impacts to Delta
https://www.cnps.org/plant-science/suisun-marsh-vegetation-mapping-and-long-termconservation-and-management-6682 ● Leaks can produce
Carbonic Acid
● Carbonic Acid creates
dead zones
● Dead zones can
stretch for miles
● Threatened species
include: Delta Smelt,
CA Least Tern, Harvest
Mouse
● Unique disaster
response for CO2 leak
in Delta
1621
https://www.huffpost.com/entry/gassing-satartia-mississippi-co2-pipeline_n_60ddea9fe4b0ddef8b0ddc8f Pipeline Leaks
& Health Risks
● Compressed CO2 is
denser than oxygen
● Forces oxygen out of
the air leading to
asphyxiation
● 300 evacuated, 45
hospitalized after CO2
pipeline leak in
Satartia, Mississippi
● 1700 died in Cameroon
1622 after natural CO2 leak
https://richmondside.org/2024/08/05/richmond-ca-air-pollution-sources-chevron-chemtrade-freeways/ Increase in
local pollutants
such as:
● PM2.5
● Nitrogen oxides
(NOx)
● Ammonia
● Sulfur dioxide
● Hydrogen
cyanide
● Sulfuric acid
● Hydrogen
sulfide
1623
Where Are We in the Regulatory Process?
● Key permitting agencies: EPA
Region 9 & Solano County
● Injection well permit application
submitted in November 2023
● EPA deemed application
incomplete in summer 2024
● Developer was asked to provide
additional geologic info after
drilling test well
● As of December 2024, developer
has not applied for test well permit
1624
Summary: Threats to Richmond
● Proximity of
new pipeline to
communities
● Pipeline leaks &
catastrophic
failure scenario
● Potential for
increased
pollutants from
refinery
● All risk, no
reward! 1625
Reso. No. _____
RESOLUTION NO. ______
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RICHMOND OPPOSING THE PROPOSED MONTEZUMA CARBON SEQUESTRATION HUB CO2 WASTE DUMPING PROJECTS AND CO2 PIPELINE IN RICHMOND, CONTRA
COSTA AND SOLANO COUNTIES
WHEREAS, the global climate emergency poses a grave threat to the well-being of all, jeopardizes society’s ability to function, and is devastating the natural world humans depend upon; and
WHEREAS, the primary cause of this emergency is the burning of fossil fuels including “natural” methane gas; and
WHEREAS, there exist safe, proven, affordable, and renewable alternatives to fossil-fuel energy sources, such as solar and wind power; and
WHEREAS, Carbon Capture and Storage (CCS) technology has consistently proven to be ineffective and economically unsound; and
WHEREAS, the process of transporting and compressing carbon dioxide (CO2) poses a fatal risk to surrounding communities due to the possibility of leakage, and the State of California is only just beginning to draft regulations governing CO2 pipelines; and WHEREAS, CO2 can displace oxygen and cause asphyxiation or death when it leaks from pipelines, endangering communities and the environment; and WHEREAS, the proposed Montezuma NorCal Carbon Hub project would involve the transportation of CO2 through 45 miles of pipelines through Contra Costa and Solano County communities and beneath the Bay; and
WHEREAS, connecting Montezuma's proposed CO2 pipeline to the oil refinery in Richmond could jeopardize the health and safety of neighborhoods already disproportionately harmed by refinery pollution; and
WHEREAS, the project developers have not yet been able to demonstrate how far a potential pipeline leak might spread; and
WHEREAS, the Montezuma NorCal Carbon Hub project would involve drilling CO2 injection wells near critical wetland habitat; and
WHEREAS, the injected CO2 waste could spread underground for miles beyond a proposed injection site; and
WHEREAS, operators such as California Resources Corporation have proposed additional CO2 waste dumping projects that could adversely impact communities and wildlife in Solano and Contra Costa Counties; and
WHEREAS, these proposed CO2 waste dumping projects will need to source carbon dioxide from polluting facilities like the power plants and refineries operating across the Bay Area; and WHEREAS, CCS projects perpetuate climate change and maintain environmental injustice by enabling power plants and refineries to continue emitting pollutants associated with asthma, poor birth outcomes, heart attack and cancer into the air of nearby communities; NOW, THEREFORE, BE IT RESOLVED, The City of Richmond:
Section 1. The City Council calls upon the United States Environmental Protection Agency’s Region 9 to deny any applications by developers for permits to drill injection wells in Solano and Contra Costa Counties.
1626
Reso. No. _____
Section 2. The City Council urges all relevant land use authorities to deny requests by project developers for land use permits for any infrastructure relating to the construction of, or sourcing of, carbon waste that would be transported through or deposited in Solano or Contra Contra Costa County.
Section 3. The City Council registers its deep concerns with, and strong opposition to, the construction of any infrastructure relating to transporting or dumping CO2 waste within and near its City Limits.
******************
***THE CLERK’S OFFICE WILL COMPLETE THE INFORMATION BELOW**** I certify that the foregoing resolution was passed and adopted by the City Council of the City of Richmond at a regular meeting thereof held on Mmmm dd, yyyy, by the following vote:
AYES:
NOES:
ABSTENTIONS:
ABSENT:
CLERK OF THE CITY OF RICHMOND
(SEAL)
Approved:
Mayor
Approved as to form:
City Attorney
State of California }
County of Contra Costa : ss.
City of Richmond }
I certify that the foregoing is a true copy of Resolution No. _____, finally passed and adopted by the City Council of the City of Richmond at a regular meeting held on Mmmm dd, yyyy.
_______________________________________
Pamela Christian, Clerk of the City of Richmond
1627
Carbon capture will subject frontline
communities to more pollution. We
already know that children playing
near fossil fuel power plants are at
greater risk for asthma and other
respiratory illnesses.
Carbon Waste Dumping poses
significant threats to public health
because of the risks associated with
compressed carbon dioxide leaking
from pipelines and injection wells.
The Montezuma CarbonHub is
proposed near communities that
are already disproportionately
burdened by pollution in Solano and
Contra Costa Counties.
In 2020, a carbon pipeline ruptured
in Satartia, Mississippi. The CO2
stopped emergency vehicles in their
tracks, as it displaced the oxygen
needed for fuel combustion. It sent
49 people to the hospital, and many
victims still experienced symptoms
months later.
Negative Public
Health Impacts:
The Montezuma NorCal Carbon Sequestration Hub proposes to drill an injection well near the Montezuma wetlands, across Suisun Bay from Pittsburg & Antioch.
Dangerously compressed carbon dioxide (CO2) from fossil fuel facilities around the Bay would be collected and transported by barge and pipeline to the injection site, ultimately expanding the lifespan of the dirty facilities and putting communities and the environment at risk.
For the health and safety of our communities,
STOP Montezuma CarbonHub!
A Failed, Expensive Technology
It is vital to cut carbon emissions, but this carbon dumping scheme is not the answer.
Carbon Capture and Storage (CCS), or carbon dumping schemes, are a flawed and inefficient technology that has repeatedly overpromised and underdelivered on its capture rates while providing cover for dirty industries.
The fossil fuel industry is counting on carbon storage as a scheme to continue extracting and refining fossil fuels. It requires vast amounts of energy and lengthens the lifespan of fossil fuel facilities.
Instead, we need to focus on the real climate solution: phasing out fossil fuel facilities.
Risking Catastrophe
A Threat to Biodiversity
There’s a Better Way
Any rupture in a CO2 pipeline would be a public health catastrophe. When carbon dioxide leaks into the air, it stays low and spreads quickly as a dense, white fog. It can lead to asphyxiation, seizures, loss of consciousness, and potentially death.
California has no safety regulations in place for CO2 pipelines, and federal rules are inadequate. Carbon dioxide pipelines are simply too big a risk, particularly in our earthquake-prone state.
The Montezuma Wetlands project is supposed to restore 1800 acres of tidal wetlands in the Delta ecosystem and protect endangered species. Drilling an injection well and building pipelines near this sensitive habitat would damage local ecosystems and threaten wildlife.
Instead of allowing the fossil fuel industry to keep polluting, we should switch to safer, cheaper, and proven renewable energy sources. Our priority needs to be an immediate community-driven just transition away from fossil fuels.
Learn more here or go to
https://linktr.ee/bayareacacti
Contact us at [email protected]
1628
Check out our virtual flier here.
Contact us at [email protected]
1629
Carbon capture will subject frontline
communities to more pollution. We
already know that children playing
near fossil fuel power plants are at
greater risk for asthma and other
respiratory illnesses.
Carbon Waste Dumping poses
significant threats to public health
because of the risks associated with
compressed carbon dioxide leaking
from pipelines and injection wells.
Because compressed CO2 is more
dense than oxygen, pipeline leaks
displace the oxygen in air we
breathe leading to asphyxiation,
seizures, loss of consciousness, and
potentially death.
In 2020, a carbon pipeline ruptured
in Satartia, Mississippi. The CO2
stopped emergency vehicles in their
tracks, as it displaced the oxygen
needed for fuel combustion. It sent
49 people to the hospital, and many
victims still experienced symptoms
months later.
Negative Public
Health Impacts:
For the health and safety of our communities,
STOP Montezuma CarbonHub!
A Failed, Expensive Technology
It is vital to cut carbon emissions, but this carbon dumping scheme is not the answer. Worldwide, such projects have failed or are underperforming — despite billions of dollars spent on developing the technology.
The fossil fuel industry is counting on carbon storage as a scheme to continue extracting and refining fossil fuels. It requires vast amounts of energy and lengthens the lifespan of fossil fuel facilities.
New science data on safety risks and less than desired carbon reductions point to the urgent need to focus on the real climate solution: phasing out fossil fuel facilities.
Risking Catastrophe
A Threat to Biodiversity
There’s a Better Way
Any rupture in a CO2 pipeline would be a public health catastrophe. When carbon dioxide leaks into the air, it stays low and spreads quickly as a dense, white fog. It can lead to asphyxiation, seizures, loss of consciousness, and potentially death.
California has no safety regulations in place for CO2 pipelines, and federal rules are inadequate. Especially here in our earthquake-prone state, carbon dioxide pipelines are simply too big a risk.
Instead of allowing the fossil fuel industry to keep polluting, we should switch to safer, cheaper, renewable energy sources. All that money going to carbon waste dumping would be much better spent on building solar arrays and wind farms—and retraining displaced fossil fuel industry workers.
Contact us at [email protected]
The Montezuma Wetlands project is supposed to restore 1800 acres of tidal wetlands in the Delta ecosystem and protect endangered species. Drilling an injection well and building pipelines near this sensitive habitat would damage local ecosystems and threaten wildlife.
The Montezuma NorCal Carbon Sequestration Hub proposes to drill an injection well near the Montezuma wetlands, across Suisun Bay from Pittsburg & Antioch.
Dangerously compressed carbon dioxide (CO2) from fossil fuel facilities around the Bay would be collected and transported by barge and pipeline to the injection site, ultimately expanding the lifespan of the dirty facilities and putting communities and the environment at risk.
Learn more here or go to
https://linktr.ee/bayareacacti
1630
Check out our virtual flier here.
Contact us at [email protected]
1631
May 19, 2026
City Council
DATE: May 19, 2026
TO: Mayor Martinez and Members of the City Council
FROM: Vice Mayor Doria Robinson
Subject: Presentation from Richmond Promise: Helping to build a stronger Richmond by deeply supporting Richmond
students to access and successfully complete postsecondary education (not only 4 year college) FINANCIAL IMPACT: There is no direct fiscal impact associated with receiving this presentation. Any future funding commitments or
scholarship support identified by the City Council will be evaluated and presented as part of future budgetary
action.
PREVIOUS COUNCIL
ACTION:
May 26, 2015, June 16, 2015, June 23, 2015, July 28,
2015, August 3, 2015, September 22, 2015, September
29, 2015, October 27, 2015, November 17, 2015, May
27, 2025
STATEMENT OF THE
ISSUE:
Since its establishment as a key component of the ECIA
settlement and fund, Richmond Promise has evolved
significantly. It is essential for the City Council and the public to understand the organization’s current scope of services, how it supports youth before, during, and after post-secondary education, and the impact it has
achieved to date. This discussion also highlights the
program’s current needs as it endeavors to continue to
serve Richmond students.
AGENDA
REPORT
1632
May 19, 2026
RECOMMENDED ACTION: RECEIVE a presentation from Richmond Promise on the organization’s current scope of services, how it supports youth before, during, and after post-secondary education, and the impact it has achieved to date and to highlight the program’s current needs as it continues to serve
Richmond students; and DIRECT staff to explore funding
to support scholarships for Richmond youth - Vice Mayor (Doria Robinson 510-620-6568).
DISCUSSION:
Richmond Promise is dedicated to ensuring that all students in Richmond excel in and through higher education, achieve their career goals, and become leaders in their community.
The organization envisions a future in which every child in Richmond has access to high-quality education; successfully transitions from high school to higher education; earns a postsecondary degree or credential; thrives in a chosen career; and contributes as a positive force for change locally and beyond.
Launched in January 2016, Richmond Promise is a community-wide college success initiative committed to building a strong college-going and college-completing culture in Richmond, California. It is grounded in the belief that every student—regardless of race, income, or background—deserves the opportunity to develop their talents and reach their full potential.
This agenda item provides an overview of Richmond Promise’s current scope of services, including how the program supports youth before, during, and after their postsecondary journeys. It will also highlight the organization’s impact since its founding and outline the resources needed to continue serving future generations of Richmond students.
Key City Council Dates:
July 29, 2014 - The Richmond City Council approved the Chevron Environmental and Community Investment Agreement (ECIA)
May 26, 2015 - City staff presented the draft Richmond Promise Strategic Action Plan to the City Council
August 3, 2015 - The City Council received a presentation and authorized the City Manager to enter into an agreement with Chevron to establish an administrative plan for the Richmond Promise consistent with the guidelines of the ECIA and enter into administrative service contracts to ensure the scholarship was available to seniors graduating in 2016
September 22, 2015 - City staff provided a report on the recommendations developed by the Richmond Promise Ad Hoc Committee
1633
May 19, 2026
September 29, 2015 - City Council discussed and provided direction on specific policy options pertaining to the Richmond Promise and the Strategic Action Plan November 17, 2015 - City Council discussed and approved specific policy options pertaining to the Richmond Promise with respect to school eligibility and award amounts
January 29, 2016 - Program launch and operationalization May 27, 2025 - City Council received a report from the Richmond Promise Team related to the scholarship background, scholarship successes, finances, and organizational management
SYNERGISTIC POLICIES:
General Plan – Education and Human Services (EH) Element (2) o Goal EH1 A Comprehensive and accessible Education System Collaborate and partner with educational providers to expand educational opportunities and lifelong learning in support of Richmond residents’ diverse needs. A comprehensive educational system will address learning from infancy to old age and include affordable daycare, strong K-12 education, engaging outof-school offerings, stimulating senior activities and other age-specific enrichment opportunities. A widely accessible system will rely on appropriate programing, language needs, cost, scheduling, facility location, capacity and physical access. o Goal EH2 an Educated and Skilled Workforce
Work with educational program providers to nurture the growth of a strong local workforce. Up-to-date workforce and job skills training, apprenticeships and other educational opportunities are fundamental to economic improvement. Improve the caliber of Richmond’s workforce by expanding these resources so that they are relevant to today’s job market and widely accessible to all residents. o Goal EH3 Equitable and High-Quality Human Services
Collaborate with human service providers in the nonprofit, private and public sectors in their efforts to provide a robust network of human services tailored to the needs of the Richmond community. High-quality and equitable programs for the elderly, children and at-risk populations are integral to enhancing neighborhood stability and helping to shape quality of life for residents. o Policy EH1.2 Higher Education - Support efforts by community colleges and other institutions of higher education to provide comprehensive adult education programs, continuing education, job training and career advancement. These programs will provide opportunities for economic advancement and address the needs of residents, particularly those without post-secondary education.
DOCUMENTS ATTACHED:
Attachment 1 – Richmond Promise PPT
1634
City Council Presentation
1635 May 2026
Making a promise for Richmond
● Launched in 2016
● City of Richmond founder and anchor funder
○ $35 million in ECIA funding allocated to Richmond
Promise over 9 years (funding ended in 2024)
Mission: Richmond Promise aims to ensure all students in Richmond excel to and through higher education, reach their career goals, and become leaders in the Richmond community.
INTRO & BACKGROUND
“Richmond Promise has been an excellent partner for me at Kennedy to promote new pathways for our students to
follow once they graduate.” - Mr. Pollock, Kennedy High School 1636
CARRYING OUT THE CITY’S VISION
Through our Bylaws, the City of Richmond tasked Richmond Promise to carry out the following objectives
Provide
scholarships to
eligible students
Partner with WCCUSD to
provide pathways for
students to attend UCs,
CSUs, community
colleges, and CTE
programs
Increase economic
well-being of Richmond
and improve the health and
quality of life for Richmond
residents by producing a
college-ready workforce
1637
PILLARS OF SUPPORT
COLLEGE ACCESS
& AWARENESS
POSTSECONDARY
AFFORDABILITY
SCHOLAR SUCCESS CAREER SERVICES
Early College Awareness
programming (supporting
middle school students and
9th and 10th graders)
A-G Requirement
Workshops
College Access programming
(supporting high school
seniors)
Office hours support
Summer workshops
MOU partnerships with
colleges & universities
Basic needs funding
Digital divide support
(laptops, printers, software)
Student employment
One-on-one coaching and
office hours support
Career Accelerator Program
Mentorship Program
Career Hub
Internship and job search
support
Alumni Association
One-on-one coaching and
office hours support
Annual, renewable
scholarship
Financial aid completion
support (annual renewal)
Financial aid dispute
support (case by case)
1638
Richmond Promise Scholarship – $1,500 per year for up
to 6 years of a student’s undergraduate education
Eligibility Requirements:
● Be a resident of the City of Richmond or unincorporated North Richmond ● Graduate or have graduated from an eligible high school within the WCCUSD boundary area or received a GED/high school equivalency ● Graduate in an eligible year
● Have attended an eligible high school from at least 9th-12th grade consecutively
● Be under the age of 24
● Complete the FAFSA/Dream Act Application
● Submit a Richmond Promise Scholarship application by the application deadline
THE SCHOLARSHIP
1639
SCHOLAR SNAPSHOT
Students who have been awarded a scholarship
● 4,600+ Scholars awarded since 2016
● 1,300 Scholars served on average per year
● 91% of Scholars identify as people of color
● 70% of Scholars come from low income households
● 64% of Scholars are first-generation college students ● 67% year-to-year persistence rate
● 56% of all Scholars graduated from WCCUSD high schools “I grew up feeling like I shouldn’t be attending a well respected university, but I am, and I have Richmond
Promise to thank for their aid and belief in me.”
- Olinda (pictured left) 1640
Richmond Promise Scholars have attended more than 220 colleges and universities around the country. 70% of Scholars attend four-year institutions. 89% attend public institutions in California.
TOP INSTITUTIONS & SYSTEMS
“Richmond Promise has always played an important role in my college life by making sure that I’m doing what I have to do to in order to be successful and being there to support me whenever I need it.” - Stefania (pictured right)
Top colleges by concentration of
current Scholars:
1. Contra Costa College - 20%
2. San Francisco State - 12%
3. UC Berkeley - 10%
4. UC Davis - 8%
5. San Jose State - 4%
Top education systems by
concentration of current Scholars:
1. UC System - 31%
2. CSU System - 28%
3. CA Community Colleges - 30%
4. AICCU (Private CA) - 5%
5. Out of state/other - 6%
1641
OUR FIRST DECADE OF SUCCESS
PROGRAMS & SERVICES FINANCIAL & OPERATIONAL COLLEGE PROMISE LEADERSHIP ● 130 school site workshops or
visits on average per year
● 90% scholarship claim rate
(2020 - 2025)
● 240+ student employees hired
since 2016
● $14+ million paid in
scholarships since 2016
● $27 million pledged in
scholarships since 2016
● White House visit and
recognition (2016)
● Host of PromiseNet national
conference (2019)
● Co-founder of the Northern
California College Promise
Coalition (2019)
● College Promise National
Leadership Council (2023)
● College Promise National Impact
Award (2025)
● $4+ million raised since 2016
● $4+ million earned in
investments since 2016
● Fundraising and investment
revenue covers 87% of all
non-scholarship expenses
● 4.3% average management &
general operations expenses
(2019 -2024)
1642
KEEPING OUR PROMISE FOR YOUTH
Anchor funding needed to continue scholarship support
● Receiving at least $2.1 million per year to support scholarships will allow Richmond Promise to:
○ Award new scholarship recipients beyond 2027
○ Evolve our scholarship to better meet the needs of students and families
○ Evolve our programming to more effectively bridge service gaps within WCCUSD and our local education ecosystem
○ Pursue fundraising strategies that support student outcomes instead of organizational sustainability
“Richmond Promise has not only been a financial blessing for my education by reducing the weight of the amount of tuition I have to pay but they have also provided resources and support that I can take advantage of while in school.” - Kynnedy (pictured right) 1643
KEEPING OUR PROMISE FOR YOUTH
Additional funding allows us to deepen our impact for the community ● Explore beginning Richmond Promise cohorts in high school ● Deepen engagement requirements to better support postsecondary success
● Increase the amount of the scholarship to adjust for inflation and raising cost of higher education
● Right-size Scholar cohorts while still maintaining a non-competitive, community-wide model
● Deepen local workforce partnerships to create more opportunities for Scholars to begin careers in Richmond
“Richmond Promise has helped my family and I with paying tuition. Although Richmond Promise is known for its
scholarship, they have amazing resources such as mentors.” - Luis (pictured right)
1644
Wells
Fargo
logo
Richmond Promise Growth Projections – Impact of support from City of Richmond The following represents projections of values tied to a study of Richmond Promise financial performance and budget planning for the next 10 years.
Outlook of Current Scenario –
• 5 ½ years remaining life expectancy of organization
• Lack of additional supports limits near term fundraising development enhancement efforts • Only 2 more classes of scholarship recipients able to achieve full matriculation (2026 & 2027) Scenario One: No Support from City of Richmond
Prepared by Wells Fargo Advisors 1645
Wells
Fargo
logo
Richmond Promise Growth Projections – Impact of support from City of Richmond The following represents projections of values tied to a study of Richmond Promise financial performance and budget planning for the next 10 years and includes 5 years of financial support from the City of Richmond.
Outlook of Scenario Two
• Establishes 65% longer lifespan for the organization – from 2031 through most of 2035 • Opportunity to bolster fundraising team to enhance future philanthropic support – path to sustainability • Allows for full matriculation of 5 additional classes of student scholarship recipients • Promotion of partnership and community support – use this gift for local/regional promotion of city support of direct resident benefit program
Scenario Two: $2,100,000 annually for five years from City of Richmond
Prepared by Wells Fargo Advisors 1646
COMMITTED TO SUSTAINABILITY
Strategies to support long-term fund sustainability
● Raise $3 - $5 million per year beginning in 2026 through ○ Anchor funding for scholarships
○ Exploring quasi-endowment and other growth focused investment strategies ○ Diversified and expanded donor portfolio
● Reducing or eliminating underutilized programs and services ● Consolidating services and adopting a more cost efficient casework model ● Enter new partnerships to combine services, costs, and capacity 1647
RICHMOND PROMISE FACES CLOSURE
● Without new anchor funding for scholarships by 2026, Richmond Promise must consider:
○ Closing the scholarship to new applicants beginning as early as the class of 2027 ○ Eliminating programs that support postsecondary access and awareness, including programs that close service gaps within WCCUSD
○ Eliminating programs that support postsecondary matriculation and persistence, including programs that support Richmond students at Contra Costa College
○ Closing the organization by 2031 (if no changes are made to our service model) Without anchor funding, Richmond Promise faces closure by 2031 1648
THANK YOU FOR YOUR LEADERSHIP
“Richmond Promise means to me that
my community wants me to succeed,
that I can become somebody with the
help of my town.”
Caption: Edgar, a Richmond Promise alumnus,
poses for a photo in his SF State graduation cap
and stole in 2024. 1649