R3F’s power lies in the fact that it is owned and governed by the Richmond community
R3F is held by the community and multi-sector partnerships centered in racial justice and social justice principles
R3F is a unique fund in the Bay Area that was generated and is held by the community and multi-sector partnerships. R3F engages many stakeholders in a unique community-centric model developed to make long-term, structural changes needed to ensure community well-being. R3F is an equitable investment strategy for community economic development that supports a more inclusive and just economy through guaranteed income and direct cash programming. R3F brings an asset-building lens and focuses on long-term community.
Led by community and government leaders from the City of Richmond, The RYSE Center, The Ed Fund, Richmond Promise, and Building Blocks for Kids, the R3F was born from a community-centered process that began the first week of the region-wide shelter in place. This process, known as the West Contra Costa COVID Community Care Coalition, engages over 90 cross-sector stakeholders including community partners and non-profits, the City, the West Contra Costa Unified School District, the County, local and regional coalitions, and funders. The Community Care Coalition will continue to inform and steward the R3F.
About the Richmond Rapid Response Fund (R3F)
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