Omaze can be described as an online marketplace that allows users can make donations to charities and also be the winner of various prizes and experiences. It’s a unique crowdfunding approach to fundraising. According to the company, its users have raised more than 150 million dollars, and have benefited over 350 charities. These charities are located all over the world. These charities are major credited non-profit organizations such as UNICEF, After-School All-Stars, Julia’s House, Product Red, along with Make-A-Wish Foundation.
Donations aren’t required to enter a contest, however, they can earn additional contest entries and other perks. The contestants can choose which charity they would like to donate to. Every contest comes with its unique prize, from luxurious automobiles to unique experiences.
Before you continue, you may want to check out this video by The Entrepreneur on YouTube that gives a quick overview. After, you will want to read the rest of our article for a more comprehensive review of Omaze.
How does Omaze function?
Charity Payment To Omaze
Omaze believes that everyone should have the chance to be a part of fundraising. Traditionally, charitable organizations usually relied on fundraising events that only the rich and famous were invited to. Omaze set out to open up charity auctions through its unique fundraising method. This means that everyday people can make a donation to the charity of their choice for as low as $10.
You have two options to participate. You can donate, while the other option is participating for no cost. It is possible to enter any contest with no donation however you will earn extra entries based on how much you donate. The greater your donation is, the more prizes you’ll win.
To donate, simply 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 may make donations as often as you like. There is however an upper limit on entries that varies depending what prize you win.
To be eligible for a free entry visit the Experience or Prize page on the website. Click on the “enter without contributing link” and follow the steps. You will need to accomplish the form. Upon submitting the form, you will receive a specific amount of entries. The form can be submitted at any time you like, but again the form has a limit on entries. 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 responded to say that 10% is an amount that is significant. The remainder of the money will be used to pay the costs of marketing and operations to ensure that they are running. It is important that people are motivated to donate because of the attractive prizes.
For less expensive prizes The company says that 60 percent of the donation is given to charities.
Donations made on the site go directly into 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 makes use of donations to pay grants for charitable organizations.
Omaze offers a variety of incredible prizes, which they call Experiences. These prizes include luxurious cars as well as dream homes, a possibility to see your favorite celebrity and a once-in-a lifetime journey.
Here are a few examples of the past and current prizes provided by Omaze:
- The chance to win the multimillion-dollar Miami dream home
- A vacation in Japan specifically designed for you
- An unforgettable safari and stay at Giraffe Manor in Kenya
- An opportunity to win 2 seats for one of the first Virgin Galactic flights to space
- An exclusive meet and greet featuring Dwayne “The Rock” Johnson
- A luxurious vacation to a spa resort in Thailand
- First-class plane tickets to anywhere in the world
- The chance to win luxurious vehicles and other vehicles
Omaze has a constant stream of exciting new campaigns and prizes. You can check their website for more prizes , including the prize details. It also provides previous prizes and winners. For contests that have been held previously you can also view the amount that the charity has received.
Who came up with Omaze?
Omaze was launched on the 12th of December 2012, by Ryan Cummins and Matt Pohlson. As per the site, they had the idea when they went to a charity auction. The item that was up for auction was their dream experience: a basketball game and dining together with Magic Johnson. The bidding was so high that they ended up being outbid. The prize was only $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 believed that this fundraiser was only available to wealthy people only. They thought that incredible experiences like this should not be restricted to a select group of wealthy individuals.
So they decided to develop a new kind of fundraising that could be available to a more large amount of people.
The fundraising will be accessible online, so anyone could participate. Participants wouldn’t require much money to enter and encourage more participants and help raise more funds to support the cause.
They think that charities can feel more confident about advertising themselves on this platform since it’s for an important cause. The platform lets charities connect with a wider market in a way that is appealing to raise funds.
Is Omaze legitimate?
While the business has been the subject of some criticism, it seems that they’re actually legitimate. As of now, they’ve raised more than $100 million for charity , and have distributed the prizes promised to participants. A lot of big-name celebrities have also endorsed and advocated on behalf of the organization.
A number of winners have also talked regarding the prize they have received. They are also featured on Omaze’s Omaze channel. Omaze Youtube channel.
Omaze is also certified with Omaze is also accredited by Better Business Bureau with an A+ rating. Charity Payment To Omaze
Because it’s a not-for-profit company, Omaze takes around 20% of the donations. If you wish to have all of your donations to be donated to a non-profit. In that situation, you may think about donating directly to the non-profit or charity instead. However, the fun part of Omaze is that you get to make a difference and in the process, get the chance to be awarded a fantastic experience. This makes it appealing to a larger number of people. If you’re looking for unique experiences, then Omaze is a great chance.
Cost and Price Plans
Omaze allows you to donate as low as $10. If the amount you donate increases, the number of entries will also increase, and the value of one entry decreases. For instance, a $150 donation equals 2000 entries, which means 1 entry for every 7 cents that are donated. Charity Payment To Omaze
Here are the amounts for donations that are equivalent to the number of entries:
- 10$ = 20 tickets
- $25 = $25 = 125 entries (most popular option according to the site)
- $500 = $50 entries
- $1200 = $100
- 150 = 2000 entry
According to Omaze, their company takes approximately 12% to 20% of net funds. The money is used to pay for operating expenses, including advertising, content creation and processing fees. Around 60%-70% of funds are donated to charities.
For a more precise understanding This is how it differs between non-celebrity prizes and celebrity prizes. For the prizes of celebrities which are generally more affordable 60% of the money goes to charity, while 25 percent is given to Omaze. For prizes that are more costly, such as automobiles, vacations, or cash, fifteen percent of amount goes to charity and 65% to 75 percent is given to Omaze.
Omaze is currently unable to provide refunds as the donations are for charitable causes. However, if you encounter any questions regarding your transactions You should get in touch with Customer Service as soon as possible.
Customer Service Contact Info
If you have queries, issues, or complaints. In this case, you may submit them directly to their website via the Support Center and Submit a Request link. There is also a wealth of information and answers to frequently asked questions at the Support Center.
Omaze is an online platform for fundraising that lets people donate to charitable organizations to be eligible to win prizes that are unique and experiences. Omaze is a legitimate business that has been operating for many years. It has assisted numerous charities achieve their goals by raising funds for them. The unique fundraising method lets everyone have the opportunity to enjoy incredible experiences once in a lifetime.
Omaze is a different method to donate to charities. It has however, received a lot of criticism over how much of the money actually goes to charity. It’s understandable, since Omaze is a business and is a non-profit company. If your goal is to donate money to an organization and ensure that 100% goes to them, you could donate straight to your charity. However, if you’re looking to win one of Omaze’s amazing prizes, then donate through Omaze instead. It’s a win-win since you can win prizes while also contributing to a great cause.
FAQS Charity Payment To Omaze
Where is Omaze where is it based?
Omaze is located in Los Angeles, California.
Does my contribution count as tax-deductible?
All Omaze donations go through Charities Aid FoundatAmerica ion (CAFA). Since CAFA is an US charity that accepts donations from US donors via Omaze are tax-deductible. Omaze platform are tax-deductible in the amount the law permits. However, if your contribution comes with an experience perk then the value of the experience perk will be deducted. For example, if you make a donation of $100 and get an experience perk of $75, your tax-deductible contribution will be $25.
Is there any Omaze frauds?
Even though Omaze has been criticized by numerous people online as a fraud but the business is legit. It can raise money for charities and also award participants according to the promises. To ensure your security ensure that you donate your money through Omaze’s official Omaze website only. Double-check to see if the website is fake or not prior to making a donation of your money.
What are the odds of winning?
The more you give the greater your chance of winning since a higher donation equals a more significant number of entries. You can however take part without contributing to qualify for a certain number of entries.
How can they verify the winner?
After the contest is over, a potential winner is randomly drawn via an encryption-secure cryptographically secured random-number generator. After the random draw process, the Omaze team completes the winner confirmation process. You may view more details about the process through their official website.
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 initial email. The Omaze may contact them with an scheduled video conference, too. If a winner has been confirmed and responded to the initial email, they will need to accept the paperwork provided to them through The Events Team as part of the winner confirmation process.
Note Omaze does not reach out to winners via social media. It will only contact them via email.
How does Omaze earn its money?
As a for-profit organization, Omaze is able to collect 20% of net raises generated by their campaigns. To ensure they stay functioning this amount is used to cover the operational expenses like advertising, content creation, and payment processing fees.