Omaze offers an online service where people can give to charities and get a chance to get various prizes and experience. It’s an innovative approach to fundraising. According to the company, the users have raised more than 150 million dollars, and have benefited over 350 charitable organizations. These charities are located all over the world. These charities are renowned 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 and other perks. Users are able to choose the cause they’d like to contribute to. Every contest comes with its own special prize, ranging from luxury cars to unforgettable experiences.
Before you go on, you may want to check out this video by The Entrepreneur on YouTube that gives a quick review. Afterward, you’ll want to read the rest of our article for a more comprehensive review of Omaze.
What is the process behind Omaze function?
How Much Is Omaze Worth
Omaze believes that every person should be able to participate in fundraisers. Traditionally, charitable organizations usually relied on fundraising events that only the wealthy and famous were invited to. Omaze wanted to democratize auctions for charity through its unique fundraising model. This means everyday people can give to the charity they choose for as low as $10.
There are two ways to participate. The first is through donating and the other is by entering for no cost. You are able to participate in any contest without donating and you’ll earn extra entries depending on the amount you contribute. The more you donate will result in more prize entries you’ll receive.
To donate, simply click “Enter Now” from the Experience or Prize page on the website. Choose a amount to donate and follow the instructions to fill in your details. You may make donations as often as you want. However, there is a maximum Entry limit that varies depending on the prize.
To be eligible for a free entry, go to the Experience or Prize page on the website. Click on the “enter without contributing link” and follow the steps. You’ll need to fill out a form. Upon submitting the form, you will receive a particular amount of entries. You can submit the form at any time you want, however, there is a maximum entry limit.
Omaze has been criticized over its contribution to charity. money is actually going to charity. For the most expensive prizes, only 10 to 15 percent of the donation goes to charity. The company has responded with the statement that 10% still an amount that is significant. The rest of the donation is used to pay for expenses for marketing and operational costs to ensure that they are running. The most important thing is that people are encouraged to donate because of the attractive prizes.
For less expensive prizes The company claims that 60% of the money goes to charity.
Donations made on the site directly go to 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 uses donations to fund grants to charitable organizations.
Omaze offers a variety of incredible prizesthat they refer to as experiences. The prizes include luxurious vehicles as well as dream homes, a opportunity to get to know your favorite celeb, or a once-in-a-lifetime trip.
Here are some examples of the past and current prizes offered by Omaze:
- A chance to take home a multimillion-dollar Miami dream house
- A vacation in Japan specifically designed for you
- A memorable safari experience and stay at Giraffe Manor in Kenya
- A chance to be the first to win tickets to two of the first Virgin Galactic flights to space
- An exclusive meet and meet and greet for Dwayne “The Rock” Johnson
- A luxurious trip to a wellness resort in Thailand
- First class plane tickets to any destination in the world.
- The chance to win luxurious cars and a variety of other vehicles
Omaze is constantly offering new campaigns and enticing prizes. You can check their website for additional prizes and details. Also, you can view previous prizes as well as the winners. For contests that have been held previously you will also be able to see how much the charity received.
Who came up with Omaze?
Omaze was founded in 2012 by Ryan Cummins and Matt Pohlson. The website says that they got the idea when they went to an auction for charity. The item that was up for auction was their dream experience: a basketball game and dining in the company of Magic Johnson. However, the bidding went so high that they were outbid. The prize ended up raising 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 method of fundraising was restricted to wealthy people only. They believed that amazing experiences such as this shouldn’t be available only to a few wealthy people.
Then they came up with an entirely new method of fundraising that could be available to a large amount of people.
This fundraiser would be made available online, so everyone could take part. It wouldn’t take an enormous amount of money to enter this event, which could encourage more participants and help raise more funds in support of the organization.
They also believe that charitable organizations ought to feel more comfortable advertising on this platform because it’s an important cause. The platform lets charities connect with a wider audience in an attractive way to raise more funds.
Is Omaze real?
While the company has faced some criticism, they appear that they’re actually legitimate. They have raised over $100 million for charity , and have awarded the prizes promised to participants. A lot of big-name celebrities have also endorsed and advocated to the program.
Several winners have also spoken about the prizes they received. They also have a video on Omaze’s official Omaze Youtube channel.
Omaze is also accredited with Omaze is also accredited by Better Business Bureau with an A+ rating. How Much Is Omaze Worth
Because it’s a not-for-profit company, Omaze takes around 20 percent of donations. Suppose you want all your contributions going to a non-profit. If that is the case, you might decide to donate straight to the charity organization or charity instead. But the best thing with Omaze is that you get to do something positive while in the process getting to receive a wonderful experience. This makes it a great attraction to a broader number of people. If you’re looking for unique experiences and experiences, then Omaze is a fantastic opportunity.
Cost and Price Plans
Omaze allows you to donate as low as $10. As the donation amount increases, the proportion of entries will also increase, and the equivalent for 1 entry decreases. For example $150 is equal to 2000 entries, which means 1 entry per 7 cents donated. How Much Is Omaze Worth
Here are the donations amounts with the equivalent amount of entry entries
- 10$ = 20 tickets
- $25 = $25 = 125 entries (most popular option according to the website)
- $50 = 500 entries
- 100$ = 1200 entry
- $150 = 2000 entries
According to Omaze, their company takes approximately 12% to 20% of net funds. This is used to fund operational costs, such as marketing, content creation, and processing fees for payments. About 60%-80% of the money goes to charities.
For a more precise understanding, here’s how it differs between the celebrity and non-celebrity prizes. For celebrity prizes, which are typically more affordable, sixty percent of prize goes to the charity, while 25 percent goes to Omaze. For prizes that are more costly, such as cars, vacations or cash 15percent of money goes to charity while 65%-75 percent is given to Omaze.
Omaze currently does not provide refunds as the donations are for charitable causes. However, if you have any concerns about your transactions, you should contact Customer Service as soon as possible.
Customer Service Contact Info
If you have queries, issues or concerns. In that case, you may submit them directly to their site through using the Support Center and Submit a Request link. There is also a wealth of details and frequently asked questions at the Support Center.
Omaze is an online platform for fundraising that lets people donate to charities with the possibility to win prizes that are unique and experiences. Omaze is a legitimate business which has been in operation for several years now. It has helped various charities achieve their goals by raising money for them. The unique fundraising method allows everyone to have the chance to gain unforgettable experiences that will last a lifetime.
Omaze is a different method to donate to charity. It has however, been the subject of a lot of criticism for how much money actually goes to charity. However, it’s understandable since Omaze is a company, so it’s a for-profit organisation. If your intention is to just donate money to a charity and make sure the entire amount goes to them, you could donate directly to the charity instead. But if you’re interested in the amazing prizes offered by Omaze make sure to donate via Omaze instead. It’s a win-win situation since you can be the winner of a prize and also donate to a great cause.
FAQS How Much Is Omaze Worth
Where is Omaze where is it based?
Omaze is headquartered within Los Angeles, California.
Is my contribution tax-deductible?
All Omaze donations are made through Charities Aid FoundatAmerica ion (CAFA). Since CAFA is a US charity and all donations made by US donors through the Omaze platform can be tax-deductible as long as the law permits. If, however, your donation comes with an experience perk, the value of the experience perk will be deducted. For example, if you make a donation of $100 and get a perk worth $75, then your tax-deductible contribution would be $25.
Is there any Omaze scams?
Although Omaze is being criticized by many people online as a scam but the business is legitimate. They are able to raise funds to benefit the organizations involved and award participants as promised. To protect yourself be sure to make your donation through Omaze’s authentic Omaze web site. Double-check to see if the site is legitimate or not prior to making a donation of your money.
What are the odds of winning?
The more you donate, the higher your chances of winning since a higher donation equals a greater amount of entries. But, you are able to participate without contributing money and still be eligible for a set amount of entries.
How do they confirm that they have 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. More details about the process at their site.
How do they reach them and the winners?
An Omaze representative will notify the winner of the contest via email. The potential winner has up to 24 hours to respond to the email sent. The Omaze can contact them with an scheduled video call as well. If a winner has responded to and confirmed the initial email, they will need to sign paperwork sent to them from an Events Team as part of the confirmation process for winners.
Do note Omaze won’t reach out to winners via social media, only through email.
How does Omaze earn money?
As a for-profit organization, Omaze is able to collect a 20% fee on net increases from their campaigns. To ensure they stay operating this amount is used to pay for operating expenses, including advertising, content creation and processing fees.