Omaze offers an online service on which users can give to charities and have the chance to be the winner of various prizes and experiences. It’s a unique crowdfunding approach to raising money. As per the website, its users have raised over 150 million dollars, and have benefited more than 350 charities. They have charities 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 required to participate in a contest, however, they can earn additional contest entries and other perks. The contestants can choose which charity they want to donate to. Every contest comes with its special prize, ranging from luxury automobiles to unique experiences.
Before you go on, you may want to check out 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 function?
How Is Omaze Legal?
Omaze believes that every person should be able to take part in fundraising. Traditionally, charitable organizations usually relied on fundraising events that only the rich and famous attended. Omaze wanted to democratize auctions for charities with its unique fundraising model. It allows everyday citizens to donate to the charity of their choice starting at just $10.
Two ways to participate. You can donate, while the other option is entering for free. You can enter any contest for free however you will earn extra entries based on the amount you give. The greater your donation will result in more prizes you’ll win.
To make a donation, click “Enter Now” from the Experience or Prize page on the website. Select a donation amount and follow the instructions to enter your personal information. You can donate as many times as you’d like. But, there is an entry limit for each person that is dependent upon the amount of 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 a form. Upon submitting the form, you will receive a particular amount of entries. You may submit the form as many times as you want, however, the form has a limit on entries. Entry limit.
Omaze has faced criticism regarding its contribution to charity. prize goes toward the actual charity. For the most expensive prizes, only 10 to 15 percent of the donation goes to charity. The company has responded to say that 10% is an amount that is significant. The remaining donation is used to pay for operational and marketing costs to keep them running. The most important thing is that people are encouraged to contribute due to the attractive prizes.
For less expensive prizes The company says that 60 percent of the prize goes to charity.
Donations made through the site go directly towards Charities Aid Foundation America (CAF America). It’s a non-profit organization that has partnered with Omaze to make fundraising simple, safe, and effective. CAFA makes use of donations to pay grants to charitable organizations.
Omaze provides a range of amazing prizes, which they refer to as Experiences. The prizes include luxury cars, dream homes, a chance to meet your favorite celebrity, or a once-in-a-lifetime travel experience.
Here are a few examples of the past and current prizes provided by Omaze:
- Chance to win the multimillion-dollar Miami dream house
- A vacation in Japan specifically designed for you
- A memorable safari experience and stay at Giraffe Manor in Kenya
- An opportunity to win two seats on one of the first Virgin Galactic flights to space
- An exclusive meet and greet for Dwayne “The Rock” Johnson
- A luxury trip to a wellness retreat 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. Visit their website to view more prizes , including the prize details. It also provides previous prizes as well as the winners. For previous contests, you can also see how much the charity received.
Who came up with Omaze?
Omaze was launched on the 12th of December 2012, in 2012 by Ryan Cummins and Matt Pohlson. The website says that they had the idea when they went to a charity auction. The auction item was their dream experience: a basketball game and dining with Magic Johnson. However, the bidding went to the point that they were outbid. The prize was only $15,000.
The two couldn’t figure out why such a huge prize only brought in a small amount for a great cause. They also thought that the fundraising model was limited to wealthy people only. They felt that extraordinary experiences such as this shouldn’t be available only to a small number of wealthy individuals.
So they decided to develop a new kind of fundraising that could 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 funds to participate this event, which could make it easier for more people to participate and raise more funds to support the cause.
They think that charities should feel better about advertising on the platform, since it’s an important cause. The platform lets charities communicate with a larger audience in an attractive way to raise money.
Is Omaze real?
Although the company has received some criticism, they appear that they’re actually legitimate. As of now, they’ve collected more than 100 million dollars for charity and have given out prizes promised to participants. Many famous celebrities have also endorsed and advocated for the platform.
Many winners have also spoken of the awards they have received. Some are also featured on their official Omaze Youtube channel.
Omaze is also certified by Omaze is also accredited by Better Business Bureau with an A+ rating. How Is Omaze Legal?
Since it’s a for-profit organization, Omaze takes around 20% of the donations. Imagine you want all your contributions to go to the non-profit. In that scenario, you could consider donating direct to the nonprofit or charity instead. But the best thing with Omaze is the fact that it allows you to have the chance to do something positive while in the process, get the chance to receive a wonderful experience. This makes it very appealing to a broader number of people. If you’re looking for unique experiences and experiences, then Omaze is an excellent opportunity.
Cost and Price Plans
Omaze allows you to donate starting at just $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, which is 1 entry per 7 cents that are donated. How Is Omaze Legal?
Here are the amounts for donations in the same amount, with the equivalent amount of entry entries
- $20 = 20 entry
- $25 = 250 entries (most popular option according to the site)
- $50 = 500 entries
- $100 = 1,200 entries
- $150 = 2000 entries
According to Omaze, their company takes around 12%-20% of the net earnings. The money is used to cover expenses for operations, like advertising, content creation and processing fees for payments. A majority of the funds go to charity.
For a more precise understanding, here’s how it differs between the celebrity and non-celebrity prizes. For the prizes of celebrities that are usually more affordable 60percent of prize goes to charity, while 25 percent is given to Omaze. For higher-end prizes, like vacations, cars, or cash 15% of the donation goes to charity and 65% to 75% goes to Omaze.
Omaze currently does not offer refunds since donations are made to charitable causes. However, if you encounter any issues 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 concerns. If so you can submit your concerns directly to their website through their Support Center and Submit a Request link. You can also find details and frequently asked questions in the Support Center.
Omaze can be described as an internet-based fundraising platform that allows people to donate to charities to be eligible to win prizes that are unique and experiences. Omaze is a legitimate business that has been operating for a number of years. It has helped numerous charities reach their goals by raising funds for them. Its unique fundraising model lets everyone have the chance to gain unforgettable experiences that will last a lifetime.
Omaze is a different way to give to charity. However, it has been the subject of a lot of critiques regarding how much actually goes to charity. But, this is understandable as Omaze is a business and is a non-profit company. If you’re looking to simply donate to a charity and make sure all proceeds go to them, then donate direct to charity. However, if you’re looking to win one of Omaze’s amazing prizes you can donate to Omaze instead. You can win a prize while donating to a worthy cause.
FAQS How Is Omaze Legal?
Where is Omaze located?
Omaze is located in Los Angeles, California.
Does my contribution count as tax-deductible?
All Omaze donations go through Charities Aid FoundatAmerica ion (CAFA). Because CAFA is a US charity that accepts donations from US donors through the Omaze platform can be tax-deductible as long as the law permits. However, if your donation is made in conjunction with an experience reward then the value of the experience perk will be deducted. So if you donate $100 and earn a perk worth 75 dollars, the tax-deductible donation would be $25.
Are there any Omaze frauds?
Even though Omaze has been criticized by numerous people online as a fraud however, the company is completely legitimate. They are able to raise funds to benefit the organizations involved and award participants as promised. To ensure your security, just make sure to give your money to the official Omaze site only. Verify if the website is fake or not prior to making a donation of 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 amount of entries. You can however take part without contributing and still be eligible for a certain amount of entries.
What is the process to confirm that they have a winner?
Once the contest has closed after the contest has ended, a winner could be randomly selected using a cryptographically secure randomly generated number generator. Following the random drawing process Omaze’s team will complete the process of confirming winners. You may view more information about the process through their official website.
How do they contact and the winners?
An Omaze representative informs potential winners via email. The potential winner has 24 hours to respond to the initial email. The Omaze could respond with a scheduled video call as well. Once a potential winner has confirmed and replied to the initial email, they must complete the form provided from The Events Team as part of the process of confirming the winner.
Do note Omaze won’t reach out to winners via social media, only through email.
How does Omaze make money?
As a for-profit organization, Omaze receives 20% of net increases from their campaigns. To ensure that they are up and running the fee is used to cover operational costs, such as advertising, content creation and processing fees for payments.