Omaze can be described as an online marketplace on which users can donate to charitable causes and have the chance to win various prizes and experiences. It’s a unique crowdfunding approach to fundraising. According to the company, the users have raised more than 150 million dollars, and have benefited over 350 charitable organizations. They have charities all over the world. These charities are renowned non-profit organizations like UNICEF, After-School All-Stars, Julia’s House, Product Red, and Make-A-Wish Foundation.
Donations aren’t required to be entered into a contest but they earn extra contest entries as well as other perks. Users can decide what cause they’d like to contribute to. Every contest comes with its own unique prize, from luxurious cars to once-in-a-lifetime experience.
Before you continue, you may want to watch this video by The Entrepreneur on YouTube that gives a quick review. Afterward, you’ll want to read the rest of our article for a more comprehensive review of Omaze.
How does Omaze function?
Crowdrise Vs Omaze
Omaze believes that every person should be able to take part in fundraising. Traditionally, charities depended on fundraising events where only the famous and wealthy attended. Omaze was founded to make auctions for charities with its unique fundraising method. It allows everyday citizens to donate to the charity of their choice starting at just $10.
Two ways to participate. You can donate, or participating for no cost. You can enter any contest with no donation, but you earn additional entries based on how much you contribute. The greater your donation is, the more prizes you’ll win.
To make a donation, go to “Enter Now” from the Experience or Prize page on the website. Then choose a donation amount and follow the steps to enter your personal information. You are able to give as many times as you like. But, there is an entry limit for each person which varies based 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 steps. You’ll need to fill out a form. When you submit the form, you will receive a specific number of entries. You can submit the form as many times as you like, but again, there is a maximum Entry limit.
Omaze has received some criticism regarding how much of the donation is actually going to charity. For expensive prizes, only 10 to 15 percent of the donation goes to charity. The company has responded that 10 percent is still an amount that is significant. The rest of the donation will be used to pay the costs of marketing and operations to ensure that they are running. What matters is that people are encouraged to donate because of the attractive prizes.
For prizes with lower costs The company says that 60 percent of the prize goes to charity.
Donations made on the site directly go towards Charities Aid Foundation America (CAF America). It’s a public charity which has partnered with Omaze to make fundraising simple, safe, and effective. CAFA makes use of donations to pay grants for charitable organizations.
Omaze offers a variety of amazing prizes, which they refer to as experiences. These prizes include luxurious cars, dream homes, a possibility to see your favorite celeb, or a once-in-a-lifetime travel experience.
Here are a few examples of past and current prizes that are offered by Omaze:
- The chance to win an enviable multimillion dollar Miami dream house
- A trip to Japan curated just for you
- An unforgettable safari and stay at Giraffe Manor in Kenya
- An opportunity to get two seats on one of the very first Virgin Galactic flights to space
- A private meet and greet featuring Dwayne “The Rock” Johnson
- A luxurious trip to a wellness resort in Thailand
- First class tickets on planes to anyplace in the world.
- A chance to win luxury automobiles and other vehicles
Omaze has a constant stream of exciting new campaigns and prizes. You can check their website to see additional prizes and information. It also provides previous prizes and winners. For contests that have been held previously you will also be able to see how much the charity received.
Who started Omaze?
Omaze was founded on the 12th of December 2012, by Ryan Cummins and Matt Pohlson. The website says that they got the idea after they attended a charity auction. The item up for bidding was their dream experience which included a basketball match and meal together with Magic Johnson. However, the bidding went so high that they were outbid. The prize raised just $15,000.
They couldn’t comprehend why such a big prize only raised a small amount for a good cause. They also thought that the fundraising model was limited to wealthy people only. They believed that amazing events like this should not be accessible only to a few wealthy people.
Then they came up with an innovative method of fundraising that could be available to a more large amount of people.
The fundraising will be accessible online, so everyone could take part. It wouldn’t take an enormous amount of money to enter this event, which could increase participation and raise more money in support of the organization.
They think that charities ought to feel more comfortable advertising themselves on this platform because it’s a great cause. Their platform allows charities to communicate with a larger audience in an attractive way to raise money.
Is Omaze legit?
Although the company has received some criticism, it seems that they are indeed legitimate. As of now, they’ve collected more than $100 million for charity , and have distributed the prizes to participants as promised. Many famous celebrities have also endorsed and advocated for the platform.
A number of winners have also talked 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. Crowdrise Vs Omaze
Because it’s a not-for-profit company, Omaze takes around 20% of the donations. If you wish to have all your contributions to go to the non-profit. In that scenario, you could consider donating straight to the charity organization or charity instead. But the best thing with Omaze is the fact that it allows you to are able to make a difference and, in the process getting to be awarded a fantastic experience. This makes it appealing to a broader 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 just $10. If the amount you donate increases, the proportion of entries will also increase, and the amount equivalent to 1 entry decreases. For instance $150 is equal to 2000 entries, which means 1 entry for every 7 cents that are donated. Crowdrise Vs Omaze
Here are the donation amounts that are equivalent to the quantity of entries
- $20 = 20 entry
- $25 = 125 entries (most well-liked option, according to the website)
- $50 = 500 entries
- $1200 = $100
- 150 = 2000 entry
According to Omaze their business, it takes about 12%- 20% of net funds. The money is used to pay for operational costs, such as advertising, content creation and payment processing fees. A majority of the money goes to charities.
For a more precise understanding Here’s the difference between non-celebrity prizes and celebrity prizes. For prizes that are awarded to celebrities that are usually more affordable 60percent of prize goes to charity and 25 percent is given to Omaze. For higher-end prizes, like cars, vacations, or cash 15percent of donation is donated to charity, while 65%-75 percent is given to Omaze.
Omaze currently doesn’t offer refunds because donations are made to charitable causes. However, if you encounter any concerns with your transaction it is recommended to contact Customer Service as soon as possible.
Customer Service Contact Info
Suppose you have any questions, concerns or concerns. In that case you can submit your concerns directly to their website through the Support Center and Submit a Request link. You can also access information and answers to frequently asked questions at the Support Center.
Omaze is an online platform for fundraising which allows users to make donations to charities to be eligible to win unique prizes as well as experiences. Omaze is a legitimate business which has been in operation for many years. It has assisted numerous charities to achieve their goals through raising funds for them. The unique fundraising method lets everyone have the chance to gain unforgettable experiences that will last a lifetime.
Omaze is a different way to give to charities. However, it’s received a lot of critiques regarding how much actually goes to charity. But, this is understandable as Omaze is a commercial enterprise, so it’s a for-profit organisation. If you’re looking to just donate money to a charity and make sure that all proceeds go to them, then you can donate straight to your charity. If you’re interested in one of Omaze’s fabulous prizes you can donate to Omaze instead. You get the chance to win a prize while donating to a great cause.
FAQS Crowdrise Vs Omaze
Where is Omaze located?
Omaze is headquartered in Los Angeles, California.
Does my contribution count as tax-deductible?
All Omaze donations go through Charities Aid FoundatAmerica ion (CAFA). Because CAFA is an US charity and all donations made by US donors using the Omaze platform are tax-deductible in the amount the law allows. However, if your contribution is made in conjunction with an experience-based perk then the value of the perk will be reduced. If you give $100 and receive a perk worth $75, your tax-deductible donation would be $25.
Are there any Omaze scams?
Although Omaze is being attacked by numerous people online as a fraud however, the company is completely legitimate. They can raise funds for the charities involved and also award participants according to the promises. To ensure your security, just make sure to make your donation through Omaze’s official Omaze website only. Verify if the site is legitimate or not prior to donating your money.
What are the chances of winning?
The more you give, the higher your chances of winning, as a greater donation equals a larger number of entries. But, you are able to participate without contributing money and still be eligible for a certain amount of entries.
How can they verify that they have a winner?
When the contest has ended the winner will be randomly drawn via an encryption-secure cryptographically secured randomly generated number generator. After the random draw process, the Omaze team completes the confirmation of the winner. You may view more details about the procedure at their site.
How do they contact and the winners?
An Omaze representative informs potential winners via email. The winner is given 24 hours to respond to the email sent. The Omaze can respond with a planned video conference as well. After a winner is responded to and confirmed the initial email, they need to accept the paperwork provided to them through the Events Team as part of the winner confirmation process.
Please note Omaze won’t contact winners via social media, only through email.
How does Omaze earn money?
As a for-profit organization, Omaze collects a 20% fee on net increases from their campaigns. To keep them operating this amount can be used to fund operating expenses, including advertising, content creation, and processing fees.