Omaze can be described as an online marketplace that allows users can make donations to charities and have the chance to win various prizes and experiences. It’s a unique method for raising money. Based on the information provided by the firm, its users have raised more than 150 million dollars and supported more than 350 charities. They have charities all over the world. These charities are renowned non-profit organisations like UNICEF, After-School All-Stars, Julia’s House, Product Red as well as Make-A-Wish Foundation.
Donations are not required to enter a contest, but they earn extra contest entries and other perks. Users are able to choose the charity they want to donate to. Every contest comes with its special prize, ranging from luxury automobiles to unique experience.
Before you go on, you may want to watch this video by The Entrepreneur on YouTube that gives a quick overview. After, you will want to read the rest of the article for a more comprehensive review.
How does Omaze function?
Alexander Wang Omaze
Omaze believes that every person should have the chance to participate in fundraisers. Traditionally, charitable organizations usually relied on fundraising events that only the rich and famous could attend. Omaze was founded to make auctions for charities with its unique fundraising model. It allows everyday citizens to donate to the charity they choose starting at just $10.
You have two options you can enter. The first is through donating and the other is by participating for no cost. You are able to participate in any contest without donating, but you earn additional entries based on how much you give. The more you donate is, the more prize entries you’ll receive.
To donate, simply select “Enter Now” from the Experience or Prize page on the website. Select a donation amount and follow the steps to enter your personal information. You are able to make donations as often as you 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. Select the “enter without contributing link” and follow the instructions. You’ll need to fill out the form. Upon submitting the form, you will receive a particular number of entries. You may submit the form as many times as you want, however there is a maximum entry limit.
Omaze has faced criticism about how much of the prize goes to the charity. For the most expensive prizes, only around 10-15 percent of the money is donated to the charity. The company has stated with the statement that 10% still a significant amount. The rest of the donation is used to cover the costs of marketing and operations to continue to run the business. The most important thing is that people are motivated to donate because of the attractive prizes.
For prizes that are less costly The company says that 60 percent of the prize is given to charities.
Donations made through the website directly go into Charities Aid Foundation America (CAF America). It’s a public charity which has joined forces with Omaze to make fundraising simple secure, efficient, and safe. CAFA utilizes donations to help fund grants to charitable organisations.
Omaze offers a variety of incredible prizes, which they call Experiences. The prizes include luxury cars, dream homes, the chance to meet your favorite celeb and a once-in-a lifetime travel experience.
Here are some examples of the past and current prizes offered by Omaze:
- A chance to take home an enviable multimillion dollar Miami dream house
- A trip to Japan specially designed for you
- An unforgettable safari with a luxurious stay in Giraffe Manor in Kenya
- A chance to win two seats on one of the very first Virgin Galactic flights to space
- A private meet and meet and greet featuring Dwayne “The Rock” Johnson
- A luxurious trip to a spa resort in Thailand
- First class tickets on planes to anyplace in the world.
- The chance to win luxurious cars and a variety of other vehicles
Omaze has a constant stream of new promotions and attractive prizes. Visit their website for additional prizes and information. It also provides previous prizes as well as the winners. For contests that have been held previously, you can also see the amount that the charity has received.
Who came up with Omaze?
Omaze was launched on the 12th of December 2012, through Ryan Cummins and Matt Pohlson. According to the website, they came up with the idea after they attended an auction benefitting charity. The auction item was their ideal trip including a basketball game as well as dining with Magic Johnson. However, the bidding went so high that they ended up being outbid. The prize ended up raising just $15,000.
They couldn’t comprehend the reason why a prize of this magnitude only brought in a small amount for a good cause. They also felt that this fundraising model was limited to wealthy people only. They thought that incredible experiences such as this shouldn’t be restricted to a small number of wealthy individuals.
So they decided to develop a new kind of fundraising that could be available to a more large number of people.
The fundraising will be accessible on the internet, which means that everyone can take part. People wouldn’t need a lot of cash to participate this event, which could make it easier for more people to participate and raise more funds to support the cause.
They also believe that charitable organizations should feel better about advertising themselves on this platform since it’s for an excellent cause. The platform lets charities communicate with a larger public in a more appealing way to raise money.
Is Omaze legit?
Although the company has received some criticism, it appears that they’re actually legitimate. As of now, they’ve collected more than $100 million for charity , and have awarded the prizes to the participants in accordance with their promises. Many famous celebrities have also endorsed and advocated on behalf of the organization.
A number of winners have also talked of the awards they received. Some are also featured on Omaze’s Omaze channel. Omaze Youtube channel.
Omaze is also accredited as a member of Omaze is also accredited by Better Business Bureau with an A+ rating. Alexander Wang Omaze
Since it’s a for-profit organization, Omaze takes around 20% of the donations. Suppose you want 100% of your donations to be donated to a non-profit. If that is the scenario, you could consider donating direct to the nonprofit or charity instead. The best part with Omaze is the fact that it allows you to are able to make a difference and simultaneously getting to get a great experience. This makes it appealing to a broader number of people. If you’re seeking unique experiences Then Omaze is a fantastic chance.
Cost and Price Plans
Omaze allows you to donate as low as $10. As the donation amount increases, the number of entries also increases, and the equivalent for 1 entry decreases. For instance 150 dollars equals 2000 entries, which is one entry for every seven cents given. Alexander Wang Omaze
Here are the donation amounts that are equivalent to the quantity of entries
- $20 = 20 entry
- $25 = $25 = 125 entries (most popular option according to the website)
- $50 = 500 entries
- $100 = 1,200 entries
- 150 = 2000 entry
According to Omaze their business, it takes approximately 12% to 20% of net earnings. This is used to cover expenses for operations, like advertising, content creation and processing fees. A majority of the money goes to charities.
To make it more specific Here’s the difference between celebrity prizes and non-celebrity prizes. For prizes that are awarded to celebrities which are generally cheaper, sixty percent of money goes to charity, while 25 percent is given to Omaze. For more expensive prizes like vacations, cars or cash 15percent of amount goes to charity and 65% to 75 percent goes to Omaze.
Omaze is currently unable to offer refunds since donations are made to charitable causes. However, if you encounter any questions with your transaction it is recommended to contact Customer Service as soon as possible.
Customer Service Contact Info
If you have queries, issues, or complaints. In that case you can send your concerns directly to their website through using the Support Center and Submit a Request link. You can also find details and frequently asked questions on the Support Center.
Omaze can be described as an internet-based platform for fundraising that allows people to donate to charities in exchange for the chance to win exclusive prizes and experiences. It’s a legitimate company which has been in operation for a number of years. It has assisted numerous charities to achieve their goals through making donations for them. The unique fundraising method allows everyone to have the opportunity to enjoy incredible experiences once in a lifetime.
Omaze is a different way to donate to charities. It has however, received criticism over how much of the money actually is donated to charities. However, it’s understandable since Omaze is a commercial enterprise which is a profit-making company. If your goal is to donate money to a charity and make sure that all proceeds go to them, you could donate direct to charity. But if you’re interested in one of Omaze’s amazing prizes you can donate to Omaze instead. It’s a win-win since you get the chance to win prizes while also contributing to a great cause.
FAQS Alexander Wang Omaze
Where is Omaze based?
Omaze is located at Los Angeles, California.
Does my contribution count as tax-deductible?
All Omaze donations go to Charities Aid FoundatAmerica ion (CAFA). Because CAFA is an US charity and all donations made by US donors using Omaze are tax-deductible. Omaze platform are tax-deductible in the amount the law permits. However, if your donation is accompanied by an experience perk that is worth more than the perk will be reduced. So if you donate $100 and receive a perk worth 75 dollars, the tax-deductible donation is $25.
Are there any Omaze frauds?
While Omaze is being criticized by a lot of people on the internet as a fraud, the company is totally legit. They can raise funds for charities and award participants as promised. To ensure your safety be sure to donate your money through Omaze’s official Omaze site only. Double-check to see if the site is legitimate or not prior to making a donation of your money.
What are the chances of winning?
The more you give, the higher your chances of winning because a larger donation equals a greater amount of entries. But, you are able to participate without contributing money to qualify for a certain number of entries.
What is the process to confirm the winner?
Once the contest has closed, a potential winner is randomly selected using an encryption-secure cryptographically secured random-number generator. Following the random drawing process Omaze’s team finishes the process of confirming winners. You may view more information about the process at their site.
How can they get in touch with them? to announce winners?
An Omaze representative informs the winner of the contest via email. The winner is given 24 hours to reply to the email sent. The Omaze may respond with a planned video conference, too. After a winner is confirmed and replied to the initial email, they will need to sign paperwork sent to them by an Events Team as part of the process of confirming the winner.
Do note Omaze won’t contact the winners through social media. It will only contact them via email.
How does Omaze earn money?
As a not-for-profit entity, Omaze is able to collect a 20% fee on net raises generated by their campaigns. To ensure they stay operating this amount is used to pay for the operational expenses like advertising, content creation, and processing fees for payments.