Omaze offers an online service where people can donate to charitable causes and have the chance to be the winner of various prizes and experiences. It’s a unique crowdfunding method of raising money. Based on the information provided by the firm, the users have raised over 150 million dollars, and have benefited over 350 charities. The charities are spread across the globe. These charities are renowned non-profit organizations like UNICEF, After-School All-Stars, Julia’s House, Product Red, as well as Make-A-Wish Foundation.
Donations aren’t required to be entered into a contest however, they can earn additional contest entries as well as other perks. Users are able to choose the cause they’d like to contribute to. Every contest comes with its special prize, ranging from luxury automobiles to unique experience.
Before you continue, you may want to watch this video by The Entrepreneur on YouTube that gives a quick review. After, you’ll want to read the rest of our article for a more comprehensive review.
What is the process behind Omaze work?
$5 Omaze Cash
Omaze believes that every person deserves the opportunity to take part in fundraising. In the past, charitable organizations typically depended on fundraising events where only the rich and famous were invited to. Omaze wanted to democratize charity auctions through its unique fundraising method. This means that everyday people can make a donation to the charity of their choice starting at just $10.
There are two ways to participate. One is by donating, or participating for no cost. It is possible to enter any contest for free, but you earn additional entries based on the amount you contribute. The greater your donation will result in more prize entries you’ll receive.
To make a donation, click “Enter Now” from the Experience or Prize page on the website. Choose a amount to donate and follow the directions to fill in your details. You are able to donate as many times as you’d like. However, there is an upper limit on entries that is dependent what prize you win.
For a chance to win for free To enter for free, visit the Experience or Prize page on the website. Click the “enter without contributing link” and follow the instructions. You’ll be required to complete the form. Upon submitting the form, you will receive a specific number of entries. You can submit the form multiple times as you want, however, there is a maximum entry limit.
Omaze has received some criticism about what percentage of prize goes toward the actual charity. In the case of expensive prizes, 10 to 15 percent of the donation goes to charity. The company has stated that 10 percent is still an impressive amount. The rest of the donation is used to pay for operational and marketing costs to ensure that they are running. It is important that people are encouraged to donate because of the attractive prizes.
For less expensive prizes The company claims that 60% of the money is given to charities.
Donations made through the site directly go into Charities Aid Foundation America (CAF America). It’s a public charity that has partnered with Omaze to make fundraising simple secure, efficient, and safe. CAFA uses donations to fund grants for charitable organisations.
Omaze offers a wide range of amazing prizes, which they refer to as experiences. The prizes include luxurious vehicles, dream homes, a opportunity to get to know your favourite celebrity and a once-in-a lifetime journey.
Here are a few examples of the previous and current prizes provided by Omaze:
- A chance to be the owner of an enviable multimillion dollar Miami dream home
- A vacation in Japan specially designed for you
- A memorable safari experience with a luxurious stay in Giraffe Manor in Kenya
- A chance to be the first to win tickets to two of the first Virgin Galactic flights to space
- An exclusive meet and meet and greet featuring Dwayne “The Rock” Johnson
- A luxury trip to a spa resort in Thailand
- First-class plane tickets to anywhere in the world
- The chance to win luxurious automobiles and other vehicles
Omaze offers constantly exciting new campaigns and prizes. You can check their website for additional prizes and information. It also provides previous prizes and winners. For contests that have been held previously you can also view the amount that the charity received.
Who was the person who started Omaze?
Omaze was created at the end of 2012 through Ryan Cummins and Matt Pohlson. According to the website, they came up with the idea when they went to a charity auction. The auction item was their ideal trip which included a basketball match and meal in the company of Magic Johnson. The bidding was to the point that they were outbid. The prize raised only $15,000.
They couldn’t comprehend the reason why a prize of this magnitude only raised a small amount for a good cause. They also felt that this fundraising model was limited to those who are wealthy. They felt that extraordinary experiences such as this shouldn’t be available only to a small number of wealthy individuals.
Then they came up with an innovative method of fundraising that could be accessible to a significant number of people.
The fundraising will be accessible online, so everyone could take part. People wouldn’t need a lot of cash to participate this event, which could encourage more participants and help raise more money for the charity.
They also believe that charitable organizations should feel better about advertising themselves on this platform since it’s for an important cause. Their platform allows charities to reach out to a broader market in a way that is appealing to raise money.
Is Omaze legitimate?
Although the company has received some criticism, it seems that they’re legitimate. So far, they have collected more than $100 million for charity and have given out prizes promised to participants. Numerous famous personalities have also supported and advocated for the platform.
A number of winners have also talked about the prizes they have won. They are also featured on Omaze’s Omaze channel. Omaze Youtube channel.
Omaze is also accredited as a member of the Better Business Bureau with an A+ rating. $5 Omaze Cash
As a non-profit corporation, Omaze takes around 20 percent of donations. If you wish to have 100% of your donations to go to the non-profit. If that is the scenario, you could consider donating direct to the nonprofit or charity instead. But the best thing of Omaze can be that you get to make a difference while at the same time, get the chance to be awarded a fantastic experience. This makes it a great attraction to a wider range of people. If you’re interested in once-in-a-lifetime experiences, then Omaze is a fantastic chance.
Cost and Price Plans
Omaze lets you donate for as low as $10. When the amount of donation increases, the proportion of entries increases and the amount equivalent to 1 entry decreases. For instance 150 dollars equals 2000 entries. This is one entry for every seven cents given. $5 Omaze Cash
Here are the amounts for donations with the equivalent number of entries:
- 10$ = 20 tickets
- $25 = 250 entries (most popular option according to the website)
- $500 = $50 entries
- $100 = 1,200 entries
- $150 = 2000 entries
According to Omaze their business, it takes around 12%-20% of the net profits. The money is used to pay for operational costs, such as marketing, content creation, and payment processing fees. Around 60%-70% of money goes to charities.
For a more precise understanding Here’s the difference between celebrity prizes and non-celebrity prizes. For prizes that are awarded to celebrities, which are typically more affordable, sixty percent of donation goes to charity and 25% goes to Omaze. For prizes that are more costly, such as cars, vacations or cash 15percent of amount goes to charity while 65%-75 percent goes to Omaze.
Omaze currently doesn’t offer refunds because the money is donated to charitable causes. However, if you have any concerns with your transaction it is recommended to contact Customer Service as soon as possible.
Customer Service Contact Info
If you have any concerns, doubts, questions or concerns. If so you can submit them directly to their site via using the Support Center and Submit a Request link. You can also access information and answers to frequently asked questions at the Support Center.
Omaze can be described as an internet-based fundraising platform which allows users to make donations to charitable organizations with the possibility to win unique prizes and experiences. Omaze is a legitimate business that has been running for several years now. It has helped numerous charities achieve their goals by raising money for them. The unique fundraising method gives everyone the opportunity to experience incredible experiences once in a lifetime.
Omaze is a different method to make a donation to charities. However, it’s received a lot of criticism for how much money actually goes to charity. However, it’s understandable since Omaze is a company which is a profit-making company. If your goal is to simply donate to an organization and ensure that the entire amount goes to them, you could donate direct to charity. But if you’re interested in one of Omaze’s amazing prizes make sure to donate via Omaze instead. It’s a win-win situation since you get the chance to be the winner of a prize and also donate to a great cause.
FAQS $5 Omaze Cash
Where is Omaze located?
Omaze is based at Los Angeles, California.
Can my tax-deductible contribution be deducted?
All Omaze donations are made through Charities Aid FoundatAmerica ion (CAFA). Since CAFA is an US charity and all donations made by US donors using the Omaze platform can be tax-deductible as long as the law allows. However, if your donation is made in conjunction with an experience perk that is worth more than the perk will be subtracted. For example, if you make a donation of $100 and receive an experience worth 75 dollars, the tax-deductible donation is $25.
Is there any Omaze frauds?
Even though Omaze is being criticized by numerous people online as a fraud, the company is totally authentic. It can raise money for the charities involved and award participants as promised. To ensure your safety ensure that you make your donation through the authentic Omaze site only. Verify if the website is genuine or not prior to making a donation of your money.
What are the odds of winning?
The more you give, the higher your chances of winning since a higher donation equals a larger number of entries. You can however enter without contributing and still be eligible for a set number of entries.
How do they confirm that they have a winner?
After the contest is over after the contest has ended, a winner could be randomly drawn via an encryption-secure cryptographically secured random-number generator. After the random drawing process, the Omaze team completes the confirmation of the winner. More details on the procedure on their website.
How do they contact and to announce winners?
An Omaze representative notifies the potential winner via email. The potential winner has up to 24 hours to reply to the initial email. The Omaze could respond with a scheduled video call as well. After a winner is been confirmed and responded to the initial email, they need to accept the paperwork provided to them from The Events Team as part of the process of confirming the winner.
Do note Omaze does not reach out to winners via social media, only through email.
How does Omaze earn its money?
As a for-profit organization, Omaze receives a 20% fee on net increases from their campaigns. To ensure they stay functioning, this fee is used to cover operating expenses, including advertising, content creation, and processing fees.