Omaze can be described as an online marketplace that allows users can make donations to charities and also get various prizes and experience. It’s a unique crowdfunding method for raising money. According to the company, the users have raised over 150 million dollars and supported more than 350 charities. They have charities across the globe. 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 necessary to participate in a contest, but they do earn you extra contest entries and other perks. The contestants can choose which charity they want to donate to. Every contest comes with its own special prize, ranging from luxury cars to once-in-a-lifetime experience.
Before you go on, you may want to watch this video by The Entrepreneur on YouTube that gives a quick overview. After, you’ll want to read the rest of our article for a more comprehensive review of Omaze.
How does Omaze work?
How Did Omaze Start
Omaze believes that every person should be able to take part in fundraising. In the past, charitable organizations typically depended on fundraising events where only the rich and famous attended. Omaze was founded to make 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.
There are two ways to enter. The first is through donating and the other is by taking part for free. You can enter any contest for free, but you earn additional entries based on the amount you contribute. The higher your donation, the more prize entries you’ll get.
To donate, simply select “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 may give as many times as you like. There is however an entry limit for each person that is dependent on the prize.
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 an online form. When you submit the form, you will receive a specific amount of entries. The form can be submitted multiple times as you want, however you will be subject to a certain Entry limit.
Omaze has received some criticism about what percentage of money is actually going to charity. For expensive prizes, only around 10-15 percent of the money is donated to the charity. The company has responded to say that 10% is an impressive amount. The rest of the donation is used to cover the costs of marketing and operations to keep them running. What matters is that people are encouraged to contribute due to the attractive prizes.
For prizes that are less costly, the company reports that 60 percent of the donation is given to charities.
Donations made through the site go directly into Charities Aid Foundation America (CAF America). It’s a non-profit organization which has partnered with Omaze in making fundraising easy secure, efficient, and safe. CAFA utilizes donations to help fund grants to charitable organizations.
Omaze offers a variety of incredible prizesthat they refer to as Experiences. The prizes include luxury cars as well as dream homes, the possibility to see your favorite celeb and a once-in-a lifetime journey.
Here are some examples of the previous and current prizes offered by Omaze:
- The chance to win the multimillion-dollar Miami dream home
- A trip to Japan specifically designed for you
- An unforgettable safari with a luxurious stay in Giraffe Manor in Kenya
- A chance to be the first to win two seats on one of the first Virgin Galactic flights to space
- An exclusive meet and meet and greet featuring Dwayne “The Rock” Johnson
- A luxurious trip to a wellness retreat in Thailand
- First-class plane tickets to anywhere in the world.
- A chance to win luxury vehicles and other vehicles
Omaze is constantly offering new campaigns and enticing prizes. Check their website to see more prizes , including the prize details. It also provides previous prizes and the winners. For previous contests, you can also see how much the charity has received.
Who was the person who started Omaze?
Omaze was launched on the 12th of December 2012, by Ryan Cummins and Matt Pohlson. The website says that they had the idea after attending an auction benefitting charity. The auction item was their ideal experience: a basketball game and dining in the company of Magic Johnson. But, the bidding was so high that they were outbid. The prize was just $15,000.
The two couldn’t figure out why such a huge prize only brought in a small amount to support a worthy cause. They also thought that the method of fundraising was restricted to wealthy people only. They felt that extraordinary events like this should not be restricted to a small number of wealthy people.
Then they came up with an innovative method of fundraising, which would be accessible to a large number of people.
The fundraising will be accessible online, so everyone could participate. It wouldn’t take a lot of money to enter this event, which could increase participation and raise more funds in support of the organization.
They think that charities should feel better about marketing themselves through the platform, since it’s a great cause. The platform lets charities connect with a wider market in a way that is appealing to raise funds.
Is Omaze legit?
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 given out prizes to participants as promised. A lot of big-name celebrities have also endorsed and advocated to the program.
Many winners have also spoken of the awards they have received. They also have a video on Omaze’s Official Omaze Youtube channel.
Omaze is also accredited by the Better Business Bureau with an A+ rating. How Did Omaze Start
Because it’s a not-for-profit company, Omaze takes around 20% of the donations. Suppose you want all your contributions going to a non-profit. In that case, you might decide to donate direct to the nonprofit organization or charity instead. The best part of Omaze is the fact that it allows you to get to make a difference and, at the same time getting to be awarded a fantastic experience. This makes it very appealing to a larger number of people. If you’re looking for unique 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 number of entries will also increase, and the equivalent for 1 entry decreases. For instance $150 is equal to 2000 entries. This is one entry for every seven cents given. How Did Omaze Start
Here are the donation amounts in the same amount, with the equivalent amount of entry entries
- 10$ = 20 tickets
- $25 = 125 entries (most well-liked option, according to the site)
- $50 = 500 entries
- 100$ = 1200 entry
- $150 = 2000 entries
According to Omaze the company, they take approximately 12% to 20% of net funds. The money is used to pay for operational costs, such as advertising, content creation and processing fees. A majority of the funds are donated to charities.
For a more precise understanding This is how it differs between celebrity prizes and non-celebrity prizes. For celebrity prizes which are generally cheaper, sixty percent of money goes to charity, while 25 percent goes to Omaze. For prizes that are more costly, such as vacations, cars, or cash, 15percent of donation is donated to charity, while 65%-75 percent is given to Omaze.
Omaze is currently unable to offer refunds because donations are made to charitable causes. However, if you have any concerns regarding your transactions You should get in touch with Customer Service as soon as possible.
Customer Service Contact Info
Suppose you have any doubts, questions or issues. In this case you can submit them directly to their site through their Support Center and Submit a Request link. You can also access information and find frequently asked questions at the Support Center.
Omaze can be described as an internet-based platform for fundraising which allows users to make donations to charitable organizations to be eligible to win prizes that are unique as well as experiences. It’s a legitimate organization that has been operating for several years now. It has helped various charities achieve their goals by raising funds for them. Its unique fundraising strategy gives everyone the chance to gain amazing once-in-a-lifetime experiences.
Omaze is a new method to make a donation to charity. It has however, been the subject of a lot of criticism over how much of the money actually goes to charity. But, this is understandable as Omaze is a company, so it’s a for-profit company. If your goal is to simply donate to a charity and make sure the entire amount goes to them, then you can donate straight to your charity. If you’re interested in the amazing prizes offered by Omaze make sure to donate via Omaze instead. You can be the winner of a prize and also donate to a great cause.
FAQS How Did Omaze Start
Where is Omaze where is it based?
Omaze is headquartered within Los Angeles, California.
Is my contribution tax-deductible?
All Omaze donations go to Charities Aid FoundatAmerica ion (CAFA). Since CAFA is a US charity and all donations made by US donors using the Omaze platform can be tax-deductible as long as the law permits. However, if your contribution is made in conjunction with an experience reward, the value of the perk will be subtracted. If you give $100 and receive an experience perk of $75, then your tax-deductible donation is $25.
Do you know of any Omaze scams?
While Omaze has been criticized by many people online as a fraud but the business is legitimate. They can raise funds for charities and also award participants according to the promises. To ensure your security be sure to make your donation through Omaze’s authentic Omaze website only. Double-check to see if the site is legitimate or not prior to donating your money.
What are the chances of winning?
The more you give the more likely you are of winning since a higher donation equals a greater number of entries. You can however enter without contributing, which qualifies you for a specific number of entries.
How can they verify a winner?
After the contest is over the winner will be randomly drawn via an encrypted and secure random number generator. After the random drawing process Omaze’s team finishes the process of confirming winners. More details about the process through their official website.
How do they contact and to announce winners?
An Omaze representative will notify potential winners via email. The potential winner has 24 hours to respond to the initial email. The Omaze may respond with a planned video conference as well. Once a potential winner has responded to and confirmed the initial email, they need to sign paperwork sent to them by an Events Team as part of the confirmation process for winners.
Do note that Omaze will never reach out to winners via social media, only through email.
How does Omaze earn its money?
Omaze is a non-profit company. Omaze is able to collect 20% of net increases from their campaigns. To ensure that they are functioning the fee can be used to fund the operational expenses like advertising, content creation, and payment processing fees.