In 1990 the Richmond Tennis Association (then the Richmond Tennis Patrons Association) established and inducted the first class of the Richmond Tennis Hall of Fame. In 1995 a second class was inducted, and a third in 1997. Since 1997 the Hall of Fame has been dormant and there have been no new inductees. In 2009, the RTA reinstated the Hall of Fame.

To be considered, a person or institution must have a minimum of 10 years of contribution to Richmond tennis. In the player category, the individual must have established outstanding competitive achievements with consideration given to sportsmanship and character. In the non-player category, the individual or entity must have made outstanding contributions within the capital city area with consideration given to dedication to the game