Omaze can be described as an online marketplace that allows users can give to charities and get a chance to win various prizes and experiences. It’s a unique crowdfunding method of fundraising. Based on the information provided by the firm, its users have raised more than 150 million dollars and supported over 350 charitable organizations. These charities are located all over the world. These charities are renowned non-profit organizations such as UNICEF, After-School All-Stars, Julia’s House, Product Red along with Make-A-Wish Foundation.
Donations are not required to participate in a contest, but they earn extra contest entries and other perks. The contestants can choose which charity they want to donate to. Every contest comes with its distinct prize, from luxury automobiles to unique experiences.
Before you continue, you may want to watch this video by The Entrepreneur on YouTube that gives a quick overview. Afterward, you will want to read the rest of the article for a more comprehensive review of Omaze.
What is the process behind Omaze function?
Bteaking Bad Omaze
Omaze believes that everyone deserves the opportunity to take part in fundraising. Traditionally, charities depended on fundraising events where only the rich and famous were invited to. Omaze was founded to make auctions for charities with its unique fundraising method. It allows everyday citizens to make a donation to the charity of their choice starting at just $10.
There are two ways to participate. The first is through donating while the other option is participating for no cost. You can enter any contest for free, but you earn additional entries based on how much you contribute. The higher your donation is, the more prize entries you’ll get.
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 provide your information. You are able to make donations as often as you like. There is however a maximum Entry limit that varies depending 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 directions. You will need to accomplish an online form. When you submit the form, you will be awarded a certain number of entries. You can submit the form as many times as you like, but again you will be subject to a certain entry limit.
Omaze has received some criticism over what percentage of money goes to the charity. For the most expensive prizes, only 10 to 15 percent of the donation goes to the charity. The company has responded with the statement that 10% a significant amount. The rest of the donation will be used to pay the costs of marketing and operations to continue to run the business. What matters is that people are enticed to contribute due to the attractive prizes.
For prizes with lower costs The company says that 60% of the money goes to charity.
Donations made through the site are directly donated to Charities Aid Foundation America (CAF America). It’s a nonprofit organization which has partnered with Omaze to make fundraising simple secure, efficient, and safe. CAFA uses donations to fund grants for charitable organisations.
Omaze provides a range of amazing prizes, which they refer to as Experiences. The prizes include luxury cars and dream homes, a possibility to see your favourite celebrity or have a unique journey.
Here are some examples of the previous and present prizes provided by Omaze:
- A chance to win a multimillion-dollar Miami dream home
- A vacation in Japan curated just for you
- An unforgettable safari and stay at Giraffe Manor in Kenya
- The chance to win tickets to two of the 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 plane tickets to any destination in the world
- A chance to win luxury cars and a variety of other vehicles
Omaze is constantly offering exciting new campaigns and prizes. Check their website for additional prizes and information. Also, you can view previous prizes and winners. For contests that have been held previously you will also be able to see the amount that the charity has received.
Who was the person who started Omaze?
Omaze was launched in 2012 through Ryan Cummins and Matt Pohlson. The website says that they came up with the idea when they went to an auction for charity. The item up for bidding was their ideal experience which included a basketball match and dinner with Magic Johnson. But, the bidding was so high that they ended up being outbid. The prize ended up raising only $15,000.
The two couldn’t figure out why such a big prize only raised a tiny amount for a great cause. They also thought that the fundraising model was limited to those who are wealthy. They felt that extraordinary experiences like this should not be accessible only to a few wealthy individuals.
Then they came up with an entirely new method of fundraising, which would be available to a more significant number of people.
This fundraising would be available on the internet, which means that everyone can take part. People wouldn’t need an enormous amount of money to enter, which would increase participation and raise more money to support the cause.
They think that charities can feel more confident about marketing themselves through this platform because it’s an important cause. Their platform allows charities to reach out to a broader public in a more appealing way to raise more funds.
Is Omaze real?
While the business has been the subject of some criticism, it appears that they’re actually legitimate. So far, they have raised over $100 million for charity and have given out prizes to the participants in accordance with their promises. Many famous celebrities have also endorsed and advocated to the program.
Many winners have also spoken about the prizes they have received. They also have a video on their official Omaze Youtube channel.
Omaze is also certified by The Better Business Bureau with an A+ rating. Bteaking Bad Omaze
Because it’s a not-for-profit company, Omaze takes around 20% of the donations. Imagine you want all your contributions going to a non-profit. In this scenario, you could consider donating directly to the non-profit or charity instead. However, the fun part with Omaze can be that you are able to make a difference while simultaneously you can be awarded a fantastic experience. This makes it a great attraction to a broader number of people. If you’re interested in once-in-a-lifetime experiences, then Omaze is a great opportunity.
Cost and Price Plans
Omaze lets you make donations for just $10. If the amount you donate increases, the proportion of entries will also increase, and the amount equivalent to 1 entry decreases. For example, a $150 donation equals 2000 entries, which is 1 entry per 7 cents donated. Bteaking Bad Omaze
Here are the donations amounts in the same amount, with the equivalent quantity of entries
- $20 = 20 entry
- $25 = $25 = 125 entries (most well-liked option, according to the site)
- $500 = $50 entries
- $1200 = $100
- 150 = 2000 entry
According to Omaze the company, they take around 12%-20% of the net earnings. The money is used to fund operational costs, such as advertising, content creation, and processing fees for payments. About 60%-80% of the money goes to charities.
To be more precise This is how it differs between the celebrity and non-celebrity prizes. For celebrity prizes, which are typically cheaper, 60% of the donation is given to charities and 25 percent goes to Omaze. For higher-end prizes, like cars, vacations or cash 15percent of money is donated to charity, while 65%-75 percent goes to Omaze.
Omaze currently doesn’t offer refunds because the donations are for charitable causes. However, if you have any questions with your transaction it is recommended to contact Customer Service as soon as possible.
Customer Service Contact Info
Suppose you have any queries, issues, or complaints. In this case you can send your concerns directly to their website via their Support Center and Submit a Request link. You can also access details and frequently asked questions in the Support Center.
Omaze can be described as an internet-based fundraising platform that allows people to donate to charities with the possibility to win prizes that are unique as well as experiences. It’s a legitimate company which has been in operation for many years. It has helped various charities reach their goals by raising funds for them. The unique fundraising method gives everyone the chance to gain incredible experiences once in a lifetime.
Omaze is a new method to make a donation to charities. However, it has received critiques regarding how much actually is donated to charities. It’s understandable, since Omaze is a company and is a non-profit organization. If your goal is to just donate money to an organization and ensure that all proceeds go to them, you could donate direct to charity. However, if you’re looking to win one of Omaze’s fabulous prizes you can donate to Omaze instead. It’s a win-win situation since you have the chance to win a prize while donating to a great cause.
FAQS Bteaking Bad Omaze
Where is Omaze based?
Omaze is based in Los Angeles, California.
Can my tax-deductible contribution be deducted?
All Omaze donations are made through Charities Aid FoundatAmerica ion (CAFA). Since CAFA is a US charity that accepts donations from US donors via the Omaze platform are tax-deductible to the extent the law permits. If, however, your donation is made in conjunction with an experience reward that is worth more than the experience perk will be deducted. If you give $100 and receive a perk worth $75, then your tax-deductible contribution is $25.
Do you know of any Omaze frauds?
Although Omaze is being criticized by many people online as a fraud, the company is totally legitimate. It can raise money for charities and award participants as promised. To protect yourself ensure that you donate your money through the authentic Omaze website only. Check to make sure 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 greater your chance of winning, as a greater donation equals a greater number of entries. But, you are able to enter without contributing to qualify for a specific number of entries.
How can they verify the winner?
After the contest is over after the contest has ended, a winner could be randomly selected using an encryption-secure cryptographically secured random-number generator. Following the random drawing process Omaze’s team will complete the confirmation of the winner. There are more details about the process through their official website.
How do they contact and the winners?
An Omaze representative informs the potential winner via email. The potential winner has 24 hours to respond to the initial email. The Omaze can contact them with an scheduled video conference, too. Once a potential winner has responded to and confirmed the initial email, they will need to sign paperwork sent to them through 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 for-profit organization, Omaze receives a 20% fee on net increases from their campaigns. To ensure they stay up and running this amount is used to cover the operational expenses like advertising, content creation and processing fees.