Omaze can be described as an online marketplace that allows users can give to charities and also get various prizes and experience. It’s a unique crowdfunding method of raising money. As per the website, its users have raised over 150 million dollars, and have benefited over 350 charities. These charities are located across the globe. 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 do earn you extra contest entries, as well as other benefits. Users are able to choose the charity they want to donate to. Every contest comes with its unique prize, from luxurious automobiles to unique experience.
Before you go on, you may want to check out this video by The Entrepreneur on YouTube that gives a quick overview. Afterward, you will want to read the rest of our article for a more comprehensive review.
What is the process behind Omaze function?
George Michael Omaze
Omaze believes that every person should be able to be a part of fundraising. Traditionally, charitable organizations usually relied on fundraisers where only the wealthy and famous could attend. Omaze wanted to democratize charity auctions through its unique fundraising method. This means everyday people can make a donation to the charity of their choice starting at just $10.
You have two options to enter. The first is through donating while the other option is entering for free. It is possible to enter any contest with no donation however you will earn extra entries based on how much you contribute. The more you donate, the more prizes you’ll win.
To make a donation, go to “Enter Now” from the Experience or Prize page on the website. Choose a amount to donate and follow the instructions to enter your personal information. You can make donations as often as you want. But, there is an upper limit on entries that varies depending what prize you win.
To enter for free To enter for free, 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 a form. Upon submitting the form, you will receive a specific number of entries. The form can be submitted at any time you’d like, however, there is a maximum entry limit.
Omaze has faced criticism over how much of the money is actually going to charity. For the most expensive prizes, only around 10-15 percent of the donation goes to charity. The company has responded that 10 percent is still an impressive amount. The remaining donation will be used to pay operational and marketing costs to continue to run the business. The most important thing is that people are encouraged to donate because of the attractive prizes.
For prizes that are less costly The company claims that 60 percent of the donation is given to charities.
Donations made on the site go directly to Charities Aid Foundation America (CAF America). It’s a nonprofit organization which has joined forces with Omaze to make fundraising simple as well as safe and efficient. CAFA utilizes donations to help fund grants for charitable organisations.
Omaze provides a range of amazing prizes, which they call Experiences. These prizes include luxurious cars and dream homes, the opportunity to get to know your favourite celebrity and a once-in-a lifetime travel experience.
Here are some examples of the past and present prizes that are offered by Omaze:
- The chance to be the owner of the multimillion-dollar Miami dream house
- A trip to Japan specifically designed for you
- A memorable safari experience as well as a stay at Giraffe Manor in Kenya
- The chance to be the first to win 2 seats for one of the very first Virgin Galactic flights to space
- An exclusive meet and greet with Dwayne “The Rock” Johnson
- A luxurious trip to a spa resort in Thailand
- First class plane tickets to any destination in the world.
- The chance to win luxurious vehicles and other vehicles
Omaze offers constantly new campaigns and enticing prizes. Visit their website for more prizes with the details. You can also see previous prizes and the winners. For contests that have been held previously, you can also see the amount that the charity has received.
Who started Omaze?
Omaze was launched on the 12th of December 2012, through Ryan Cummins and Matt Pohlson. According to the website, they had the idea after attending an auction benefitting charity. The auction item was their ideal trip which included a basketball match and dining with Magic Johnson. The bidding was to the point that they were outbid. The prize ended up raising just $15,000.
The two couldn’t figure out the reason why a prize of this magnitude only raised a small amount for a great cause. They also thought that the fundraising model was limited to those who are wealthy. They believed that amazing events like this should not be restricted to a few wealthy people.
Then they came up with an innovative method of fundraising that would be available to a more significant variety of people.
The fundraising will be accessible online, so everyone could take part. Participants wouldn’t require a lot of funds to participate and make it easier for more people to participate and to raise money in support of the organization.
They think that charities can feel more confident about advertising on this platform because it’s an excellent cause. Their platform allows charities to communicate with a larger public in a more appealing way to raise more funds.
Is Omaze legitimate?
While the company has faced some criticism, it appears that they are indeed legitimate. As of now, they’ve collected more than 100 million dollars for charity and have awarded the prizes to participants as promised. Numerous famous personalities have also endorsed and advocated for the platform.
Many winners have also spoken regarding the prize they received. Some are also featured on Omaze’s Official Omaze Youtube channel.
Omaze is also accredited as a member of The Better Business Bureau with an A+ rating. George Michael Omaze
As a non-profit corporation, Omaze takes around 20 percent of donations. Imagine you want all of your donations to go to the non-profit. In that case, you might think about donating straight to the charity or charity instead. But the best thing with Omaze can be that you have the chance to make a difference while at the same time, get the chance to receive a wonderful experience. This makes it appealing to a larger number of people. If you’re interested in once-in-a-lifetime experiences, then Omaze is an excellent 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 equivalent for 1 entry decreases. For instance 150 dollars equals 2000 entries. This is 1 entry for every 7 cents given. George Michael Omaze
Here are the donations amounts that are equivalent to the number of entries:
- $10 = 20 entries
- $25 = 125 entries (most popular option according to the website)
- $500 = $50 entries
- $100 = 1,200 entries
- 150 = 2000 entry
According to Omaze, their company takes about 12%- 20% of net profits. This is used to pay for operating expenses, including marketing, content creation, and processing fees for payments. Around 60%-70% of money goes to charities.
For a more precise understanding, here’s how it differs between celebrity prizes and non-celebrity prizes. For the prizes of celebrities that are usually less expensive 60% of the prize is given to charities, while 25 percent is given to Omaze. For more expensive prizes like cars, vacations or cash, fifteen percent of money goes to charity and 65% to 75% goes to Omaze.
Omaze is currently unable to provide refunds as the donations are for charitable causes. If you do have any questions regarding your transactions You should get in touch with Customer Service as soon as possible.
Customer Service Contact Info
If you have doubts, questions, or complaints. In this case, you may submit them directly to their site via using the Support Center and Submit a Request link. You can also find details and frequently asked questions in the Support Center.
Omaze is an online fundraising platform that allows people to donate to charities to be eligible to win exclusive prizes as well as experiences. It’s a legitimate organization that has been running for a number of years. It has helped various charities achieve their goals by raising money for them. Its unique fundraising model allows everyone to have the opportunity to enjoy amazing once-in-a-lifetime experiences.
Omaze is a new method to make a donation 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 company and is a non-profit company. If your goal is to simply donate to a charity and make sure 100% goes to them, then you can donate direct to charity. But if you’re interested in the amazing prizes offered by Omaze, then donate through Omaze instead. You can win prizes while also contributing to a worthy cause.
FAQS George Michael Omaze
Where is Omaze based?
Omaze is located in Los Angeles, California.
Can my tax-deductible contribution be deducted?
All Omaze donations go through Charities Aid FoundatAmerica ion (CAFA). Since CAFA is an US charity that accepts donations from US donors through Omaze are tax-deductible. Omaze platform can be tax-deductible as long as the law allows. However, if your contribution comes with an experience perk that is worth more than the perk will be reduced. For example, if you make a donation of $100 and receive an experience perk of $75, then your tax-deductible donation is $25.
Is there any Omaze scams?
Although Omaze is being attacked by a lot of people on the internet as a scam but the business is legit. They are able to raise funds for the charities involved and reward participants in accordance with their promises. To ensure your security ensure that you give your money to Omaze’s official Omaze website only. Check to make sure the website is genuine or not prior to donating your money.
What are the chances of winning?
The more you contribute the greater your chance of winning since a higher donation equals a greater amount of entries. But, you are able to take part without contributing to qualify for a set number of entries.
What is the process to confirm a winner?
After the contest is over, a potential winner is randomly drawn via a cryptographically secure random number generator. After the random drawing process Omaze’s team finishes the winner confirmation process. More information about the process through their official website.
How can they get in touch with them? the winners?
An Omaze representative will notify the winner of the contest via email. The winner is given 24 hours to respond to the initial email. The Omaze could respond with a planned video conference as well. If a winner has responded to and confirmed their initial emails, they need to sign paperwork sent to them from the Events Team as part of the process of confirming the winner.
Note Omaze won’t contact the winners through social media. Instead, it will contact them by email.
How does Omaze earn its money?
As a for-profit organization, Omaze is able to collect 20% of net raises from their campaigns. To ensure that they are operating the fee is used to pay for operating expenses, including advertising, content creation and processing fees for payments.