Omaze is an online platform on which users can make donations to charities and also win various prizes and experiences. It’s a unique crowdfunding method of fundraising. As per the website, its users have raised over 150 million dollars, and have benefited more than 350 charities. These charities are located across the globe. They are the most reputable non-profit organisations 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. The contestants can choose which charity they want to donate to. Every contest comes with its own unique prize, from luxurious automobiles to unique experience.
Before you continue, you may want to watch 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 work?
How Do Omaze Make Money
Omaze believes that every person should have the chance to be a part of fundraising. Traditionally, charities depended on fundraising events where only the famous and wealthy could attend. Omaze wanted to democratize auctions for charity through its unique fundraising method. It allows everyday citizens to make a donation to the charity they choose starting at just $10.
There are two ways you can enter. One is by donating, while the other option is taking part for free. You can enter any contest for free however you will earn extra entries depending on the amount you donate. The higher your donation, the more prizes you’ll win.
To donate, go to “Enter Now” from the Experience or Prize page on the website. Select a donation amount and follow the directions to enter your personal information. You can make donations as often as you’d like. But, there is an upper limit on entries that varies depending 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 directions. You’ll be required to complete an online form. Upon submitting the form, you will be awarded a certain number of entries. The form can be submitted as many times as you want, however you will be subject to a certain Entry limit.
Omaze has been criticized regarding what percentage of money is actually going to charity. For the most expensive prizes, only about 10-15 percent of the proceeds go to the charity. The company has responded that 10 percent is an impressive amount. The remainder of the money is used to cover operational and marketing costs to ensure that they are running. It is important that people are motivated to donate because of the attractive prizes.
For prizes that are less costly The company says that 60 percent of the prize is given to charities.
Donations made through the website directly go into Charities Aid Foundation America (CAF America). It’s a nonprofit organization that has partnered with Omaze in making fundraising easy as well as safe and efficient. CAFA makes use of donations to pay grants to charitable organizations.
Omaze provides a range of incredible prizes, which they call Experiences. The prizes include luxury cars as well as dream homes, a opportunity to get to know your favourite celebrity and a once-in-a lifetime journey.
Here are some examples of past and present prizes provided by Omaze:
- A chance to be the owner of a multimillion-dollar Miami dream home
- A trip to Japan specifically designed for you
- A memorable safari experience with a luxurious stay in Giraffe Manor in Kenya
- A chance to get 2 seats for one of the 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 is constantly offering exciting new campaigns and prizes. Check their website to see additional prizes and information. It also provides previous prizes and winners. For previous contests you can also view the amount the charity received.
Who started Omaze?
Omaze was launched in 2012 by Ryan Cummins and Matt Pohlson. The website says that they got the idea after attending an auction for charity. The item up for bidding was their dream experience which included a basketball match and dining together with Magic Johnson. The bidding was to the point that they were outbid. The prize ended up raising only $15,000.
The two couldn’t figure out why such a big prize only raised a small amount for a great cause. They also felt that this fundraising model was limited to those who are wealthy. They felt that extraordinary experiences like this should not be accessible only to a few wealthy people.
So they decided to develop an innovative method of fundraising, which would be available to a more significant variety of people.
This fundraising would be available online, so everyone could take part. Participants wouldn’t require a lot of cash to participate and encourage more participants and help raise more funds for the charity.
They also believe that charitable organizations can feel more confident about advertising themselves on this platform since it’s for an excellent cause. Their platform allows charities to communicate with a larger audience in an attractive way to raise more funds.
Is Omaze legit?
While the company has faced some criticism, they appear that they’re legitimate. They have raised more than 100 million dollars for charity and have distributed the prizes to the participants in accordance with their promises. Many famous celebrities have also supported and advocated on behalf of the organization.
Several winners have also spoken of the awards they have received. They are also featured on Omaze’s Official Omaze Youtube channel.
Omaze is also certified with Omaze is also accredited by Better Business Bureau with an A+ rating. How Do Omaze Make Money
Because it’s a not-for-profit company, Omaze takes around 20 percent of donations. If you wish to have 100% of your donations to go to the non-profit. In this scenario, you could think about donating straight to the charity or charity instead. The best part about Omaze can be that you are able to do something positive and simultaneously getting to get a great experience. This makes it very appealing to a wider range of people. If you’re interested in once-in-a-lifetime experiences and experiences, then Omaze is a great chance.
Cost and Price Plans
Omaze lets you make donations for just $10. If the amount you donate increases, the proportion of entries increases and the value of one entry decreases. For example, a $150 donation equals 2000 entries, which means 1 entry per 7 cents donated. How Do Omaze Make Money
Here are the donation amounts with the equivalent number of entries:
- $20 = 20 entry
- $25 = 250 entries (most well-liked option, according to the site)
- $50 = 500 entries
- $100 = 1,200 entries
- 150 = 2000 entry
According to Omaze their business, it takes approximately 12% to 20% of net profits. The money is used to cover operational costs, such as advertising, content creation, and payment processing fees. About 60%-80% of the funds are donated to charities.
To be more precise Here’s the difference between celebrity prizes and non-celebrity prizes. For celebrity prizes that are usually less expensive 60percent of money goes to the charity, while 25% goes to Omaze. For more expensive prizes like automobiles, vacations or cash, fifteen percent of money is donated to charity, while 65%-75 percent is given to Omaze.
Omaze is currently unable to provide refunds as the money is donated to charitable causes. If you do have any concerns about your transactions it is recommended to contact Customer Service as soon as possible.
Customer Service Contact Info
Suppose you have any doubts, questions or issues. In that case you can submit your concerns directly to their website via using the Support Center and Submit a Request link. There is also a wealth of information and answers to frequently asked questions on the Support Center.
Omaze is an online platform for fundraising that lets people donate to charities to be eligible to win unique prizes and experiences. It’s a legitimate company which has been in operation for a number of years. It has helped numerous charities to achieve their goals through making donations for them. Its unique fundraising model gives everyone the opportunity to enjoy incredible experiences once in a lifetime.
Omaze is a different method to make a donation to charity. It has however, been the subject of a lot of critiques regarding how much actually goes to charity. It’s understandable, since Omaze is a commercial enterprise and is a non-profit organisation. If your intention is to simply donate to an organization and ensure that all proceeds go to them, you could donate direct to charity. If you’re interested in one of Omaze’s amazing prizes, then donate through Omaze instead. You get the chance to be the winner of a prize and also donate to a great cause.
FAQS How Do Omaze Make Money
Where is Omaze located?
Omaze is based within Los Angeles, California.
Can my tax-deductible contribution be deducted?
All Omaze donations go to Charities Aid FoundatAmerica ion (CAFA). Since CAFA is a 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 allows. If, however, your donation is accompanied by an experience perk, the value of 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?
Even though Omaze is being attacked by many people online as a fraud but the business is authentic. They can raise funds for charities and award participants as promised. To ensure your safety, just make sure to give your money to Omaze’s Omaze official Omaze web site. Check to make sure the website is genuine or not prior to making a donation of your money.
What are the chances of winning?
The more you contribute, the higher your chances of winning, as a greater donation equals a larger amount of entries. However, you can still enter without contributing to qualify for a set number of entries.
How do they confirm a winner?
Once the contest has closed, a potential winner is randomly drawn via an encrypted and secure random-number generator. Following the random drawing process Omaze’s team will complete the process of confirming winners. You may view more information about the procedure at their site.
How can they get in touch with them? announce winners?
An Omaze representative will notify the winner of the contest via email. The potential winner has up to 24 hours to reply to the email sent. The Omaze could respond with a planned video call as well. Once a potential winner has been confirmed and responded to an initial message, they will need to sign paperwork sent to them from an Events Team as part of the confirmation process for winners.
Do note that Omaze will never contact the winners through social media. It will only contact them via email.
How does Omaze earn money?
As a not-for-profit entity, Omaze receives 20% of net raises generated by their campaigns. To ensure that they are functioning the fee is used to pay for operational costs, such as advertising, content creation, and processing fees for payments.