Omaze can be described as an online marketplace on which users can give to charities and have the chance to be the winner of various prizes and experiences. It’s a unique approach to raising money. As per the website, the users have raised more than 150 million dollars, and have benefited over 350 charities. The charities are spread all over the world. These charities are major credited non-profit organizations like UNICEF, After-School All-Stars, Julia’s House, Product Red along with Make-A-Wish Foundation.
Donations aren’t necessary to participate in a contest, but they earn extra contest entries as well as other perks. Users are able to choose the charity they would like to donate to. Each contest has its own distinct prize, from luxury cars to once-in-a-lifetime experiences.
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 the article for a more comprehensive review of Omaze.
How does Omaze work?
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Omaze believes that every person should have the chance to take part in fundraising. In the past, charitable organizations typically depended on fundraising events where only the famous and wealthy were invited to. Omaze wanted to democratize charity auctions through its unique fundraising model. This means that everyday people can donate to the charity they choose starting at just $10.
Two ways to enter. The first is through donating and the other is by participating for free. It is possible to enter any contest without donating, but you earn additional entries depending on the amount you donate. The more you donate will result in more prize entries you’ll receive.
To make a donation, go to “Enter Now” from the Experience or Prize page on the website. Select a donation amount and follow the instructions to fill in your details. You can give as many times as you’d like. There is however an entry limit for each person that is dependent what prize you win.
For a chance to win for free, go to the Experience or Prize page on the website. Click on the “enter without contributing link” and follow the steps. You’ll be required to complete the form. Upon submitting the form, you will receive a particular 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 been criticized over how much of the 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 that 10 percent is still an amount that is significant. The rest of the donation is used to pay for operational and marketing costs to continue to run the business. What matters is that people are enticed to donate because of the attractive prizes.
For prizes that are less costly, the company reports that 60% of the money is given to charities.
Donations made through the site directly go into Charities Aid Foundation America (CAF America). It’s a nonprofit organization which has joined forces with Omaze in making fundraising easy, safe, and effective. CAFA utilizes donations to help fund grants to charitable organizations.
Omaze Prizes
Omaze provides a range of incredible prizes, which they refer to as experiences. The prizes include luxury cars as well as dream homes, the chance to meet your favorite celebrity, or a once-in-a-lifetime trip.
Here are some examples of the previous and current prizes offered by Omaze:
- A chance to take home the multimillion-dollar Miami dream house
- A vacation in Japan specially designed for you
- An unforgettable safari as well as a stay at Giraffe Manor in Kenya
- An opportunity to be the first to win tickets to two of the first Virgin Galactic flights to space
- An exclusive meet and greet featuring Dwayne “The Rock” Johnson
- A luxurious trip to a spa resort in Thailand
- First-class plane tickets to anywhere in the world
- The chance to win luxurious cars and a variety of other vehicles
Omaze offers constantly new promotions and attractive prizes. You can check their website for additional prizes and information. It also provides previous prizes and the winners. For previous contests you can also view how much the charity received.
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Who came up with Omaze?
Omaze was launched in 2012 by Ryan Cummins and Matt Pohlson. According to the website, they got the idea when they went to an auction benefitting charity. The item up for bidding was their dream experience: a basketball game and dining in the company of Magic Johnson. But, the bidding was so high that they ended up being outbid. The prize raised just $15,000.
The two didn’t understand the reason why a prize of this magnitude only raised a tiny amount for a good cause. They also felt that this method of fundraising was restricted to rich people only. They felt that extraordinary events like this should not be accessible only to a small number of wealthy people.
They decided to create an entirely new method of fundraising that could be accessible to a large variety of people.
The fundraising will be accessible on the internet, which means that everyone can participate. It wouldn’t take a lot of funds to participate and make it easier for more people to participate and raise more money in support of the organization.
They also think that charities should feel better about marketing themselves through this platform since it’s for an important cause. Their platform allows charities to reach out to a broader market in a way that is appealing to raise funds.
Is Omaze legit?
While the company has faced some criticism, they appear that they’re 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 to the program.
Many winners have also spoken about the prizes they won. They also have a video on Omaze’s Official Omaze Youtube channel.
Omaze is also certified with The Better Business Bureau with an A+ rating. Got Omaze
Since it’s a for-profit organization, Omaze takes around 20 percent of donations. Suppose you want 100% of your donations to be donated to a non-profit. In this case, you might decide to donate direct to the nonprofit organization or charity instead. However, the fun part with Omaze can be that you are able to do something positive and, simultaneously, get the chance to receive a wonderful experience. This makes it appealing to a larger number of people. If you’re seeking unique experiences, then Omaze is a great chance.
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Cost and Price Plans
Omaze lets you donate for starting at just $10. If the amount you donate increases, the number of entries also increases, and the equivalent for 1 entry decreases. For instance 150 dollars equals 2000 entries. This is 1 entry per 7 cents donated. Got Omaze
Here are the donation amounts in the same amount, with the equivalent quantity of entries
- 10$ = 20 tickets
- $25 = 250 entries (most sought-after option according to the site)
- $500 = $50 entries
- $100 = 1,200 entries
- $1000 = 2000 entries
According to Omaze the company, they take around 12%-20% of the net profits. These funds are used to fund operating expenses, including advertising, content creation, and processing fees. Around 60%-70% of funds go to charity.
To make it more specific, here’s how it differs between the celebrity and non-celebrity prizes. For prizes that are awarded to celebrities, which are typically less expensive 60% of the donation is given to charities, while 25% goes to Omaze. For higher-end prizes, like cars, vacations or cash 15percent of money goes to charity and 65% to 75 percent is given to Omaze.
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Refund Policy
Omaze currently doesn’t offer refunds since donations are made to charitable causes. If you do have any questions regarding your transactions, you should contact Customer Service as soon as possible.
Customer Service Contact Info
If you have queries, issues or concerns. In this case you can send them directly to their site via using the Support Center and Submit a Request link. There is also a wealth of information and find frequently asked questions in the Support Center.
Conclusion
Omaze can be described as an internet-based fundraising platform that lets people donate to charitable organizations in exchange for the chance 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 numerous charities achieve their goals by making donations for them. Its unique fundraising model lets everyone have the chance to gain incredible experiences once in a lifetime.
Omaze is a different way to give to charity. However, it’s received a lot of critiques regarding how much actually goes to charity. It’s understandable, since Omaze is a company, so it’s a for-profit organisation. If you’re looking to simply donate to a charity and make sure all proceeds go to them, then you can donate straight to your charity. But if you’re interested in one of Omaze’s amazing prizes make sure to donate via Omaze instead. It’s a win-win since you can win prizes while also contributing to a great cause.
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FAQS Got Omaze
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Where is Omaze based?
Omaze is located within Los Angeles, California.
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Can my tax-deductible contribution be deducted?
All Omaze donations go through Charities Aid FoundatAmerica ion (CAFA). Because CAFA is an US charity and all donations made by US donors through Omaze are tax-deductible. Omaze platform can be tax-deductible as long as the law permits. If, however, your donation comes with an experience-based perk that is worth more than the perk will be reduced. If you give $100 and earn an experience perk of 75 dollars, the tax-deductible contribution would be $25.
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Is there any Omaze scams?
Even though Omaze is being attacked by numerous people online as a scam but the business is legit. They can raise funds for the charities involved and award participants as promised. To protect yourself, just make sure to give your money to the authentic Omaze site only. Verify if the website is genuine or not before donating your money.
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What are the chances of winning?
The more you give, the higher your chances of winning, as a greater donation equals a greater amount of entries. But, you are able to take part without contributing to qualify for a set number of entries.
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What is the process to confirm that they have a winner?
After the contest is over after the contest has ended, a winner could be randomly chosen using an encrypted and secure random-number generator. Following the random drawing process, the Omaze team completes the process of confirming winners. There are more details about the process on their website.
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How can they get in touch with them? to announce winners?
An Omaze representative informs the winner of the contest via email. The potential winner has up to 24 hours to reply to the initial email. The Omaze could respond with a planned video conference as well. If a winner has been confirmed and responded to the initial email, they will need to accept the paperwork provided to them by The Events Team as part of the process of confirming the winner.
Please note Omaze does not reach out to winners via social media, only through email.
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How does Omaze earn money?
As a for-profit organization, Omaze receives 20% of net increases from their campaigns. To ensure they stay up and running, this fee is used to cover operational costs, such as advertisements, content creation, and processing fees.
