Omaze offers an online service where people can give to charities and get a chance to get various prizes and experience. It’s a unique approach to raising money. As per the website, users have raised over 150 million dollars and have supported over 350 charitable organizations. They have charities all over the world. These charities are major credited non-profit organizations like UNICEF, After-School All-Stars, Julia’s House, Product Red as well as Make-A-Wish Foundation.
Donations are not required to be entered into a contest but they do earn you extra contest entries and other perks. Users can decide what 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 our article for a more comprehensive review.
What is the process behind Omaze function?
How Much Money Has Omaze Raised
Omaze believes that every person should have the chance to be a part of fundraising. Traditionally, charities relied on fundraisers where only the wealthy and famous could attend. Omaze was founded to make auctions for charities with its unique fundraising model. This means everyday people can donate to the charity they choose for as little as $10.
Two ways you can enter. The first is through donating or entering for free. You are able to participate in any contest for free and you’ll earn extra entries based on the amount you contribute. The more you donate is, the more prize entries you’ll get.
To donate, go to “Enter Now” from the Experience or Prize page on the website. Choose a amount to donate and follow the directions to enter your personal information. You are able to donate as many times as you’d like. But, there is an entry limit for each person that varies depending what prize you win.
To be eligible for a free entry visit the Experience or Prize page on the website. Select the “enter without contributing link” and follow the instructions. You’ll need to fill out an online form. When you submit the form, you will receive a particular number of entries. The form can be submitted as many times as you want, however there is a maximum entry limit.
Omaze has been criticized over what percentage of donation goes to the charity. For the most expensive prizes, only 10 to 15 percent of the money is donated to charity. The company has stated with the statement that 10% still an impressive amount. The rest of the donation will be used to pay expenses for marketing and operational costs to keep them running. It is important that people are motivated to donate because of the attractive prizes.
For less expensive prizes The company claims that 60% of the money goes to charity.
Donations made through the site go directly to Charities Aid Foundation America (CAF America). It’s a public charity that has partnered with Omaze to make fundraising simple as well as safe and efficient. CAFA uses donations to fund grants to charitable organizations.
Omaze offers a variety of incredible prizes, which they refer to as experiences. The prizes include luxurious vehicles, dream homes, a chance to meet your favorite celebrity or have a unique journey.
Here are a few examples of the past and present 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 with a luxurious stay in Giraffe Manor in Kenya
- A chance to get 2 seats for one of the very first Virgin Galactic flights to space
- Private 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 has a constant stream of exciting new campaigns and prizes. Visit their website to see more prizes with the 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 at the end of 2012 through Ryan Cummins and Matt Pohlson. The website says that they got the idea after attending an auction for charity. The item that was up for auction was their ideal experience including a basketball game as well as dining in the company of Magic Johnson. However, the bidding went so high that they ended up being outbid. The prize was just $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 rich people only. They believed that amazing experiences such as this shouldn’t be available only to a few wealthy people.
So they decided to develop a new kind of fundraising that would be available to a substantial variety of people.
The fundraising will be accessible online, so anyone could take part. People wouldn’t need an enormous amount of cash to participate this event, which could make it easier for more people to participate and to raise money for the charity.
They believe that charitable organizations ought to feel more comfortable marketing themselves through this platform since it’s for an excellent cause. Their platform allows charities to communicate with a larger market in a way that is appealing to raise funds.
Is Omaze legitimate?
While the company has faced some criticism, it appears that they’re actually legitimate. As of now, they’ve raised over $100 million for charity and have given out prizes to the participants in accordance with their promises. Many famous celebrities have also endorsed and advocated to the program.
Several winners have also spoken regarding the prize they won. They also have a video on their Official Omaze Youtube channel.
Omaze is also certified as a member of The Better Business Bureau with an A+ rating. How Much Money Has Omaze Raised
As a non-profit corporation, Omaze takes around 20% of the donations. If you wish to have all of your donations to go to the non-profit. If that is the situation, you may decide to donate straight to the charity or charity instead. However, the fun part of Omaze can be that you are able to contribute while simultaneously you can be awarded a fantastic experience. This makes it a great attraction to a larger number of people. If you’re looking for unique experiences Then Omaze is an excellent opportunity.
Cost and Price Plans
Omaze lets you donate for starting at just $10. If the amount you donate increases, the percentage of entries will also increase, and the equivalent for 1 entry decreases. For instance $150 is equal to 2000 entries, which is 1 entry for every 7 cents that are donated. How Much Money Has Omaze Raised
Here are the amounts for donations in the same amount, with the equivalent quantity of entries
- 10$ = 20 tickets
- $25 = $25 = 125 entries (most popular option according to the site)
- $50 = 500 entries
- $100 = 1,200 entries
- $1000 = 2000 entries
According to Omaze their business, it takes approximately 12% to 20% of net funds. The money is used to fund operating expenses, including advertising, content creation, and processing fees for payments. Around 60%-70% of money goes to charities.
To make it more specific This is how it differs between the celebrity and non-celebrity prizes. For prizes that are awarded to celebrities which are generally more affordable 60percent of prize goes to the charity and 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 percent is given to Omaze.
Omaze is currently unable to offer refunds since the money is donated to charitable causes. However, if you have any questions regarding your transactions, you should contact Customer Service as soon as possible.
Customer Service Contact Info
Suppose you have any doubts, questions, or complaints. In this case, you may submit them directly to their website through using the Support Center and Submit a Request link. There is also a wealth of information and find frequently asked questions on the Support Center.
Omaze is an online fundraising platform that allows people to donate to charitable organizations in exchange for the chance to win exclusive prizes as well as experiences. It’s a legitimate company that has been operating for many years. It has helped various charities achieve their goals by raising money for them. Its unique fundraising model lets everyone have the opportunity to enjoy incredible experiences once in a lifetime.
Omaze is a different way to donate to charity. It has however, received criticism for how much money actually is donated to charities. It’s understandable, since Omaze is a commercial enterprise which is a profit-making organization. If your goal is to just donate money to a charity and make sure 100% goes to them, then you can donate directly to the charity instead. But if you’re interested in one of Omaze’s amazing prizes you can donate to Omaze instead. It’s a win-win situation since you can win a prize while donating to a worthy cause.
FAQS How Much Money Has Omaze Raised
Where is Omaze located?
Omaze is headquartered at Los Angeles, California.
Is my contribution tax-deductible?
All Omaze donations go through Charities Aid FoundatAmerica ion (CAFA). Because CAFA is an 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 donation is accompanied by an experience reward that is worth more than the experience perk will be deducted. If you give $100 and receive an experience worth $75, your tax-deductible donation would be $25.
Is there any Omaze scams?
Although Omaze is being criticized by a lot of people on the internet as a scam but the business is legit. They can raise funds for the charities involved and also award participants according to the promises. To ensure your safety ensure that you give your money to the official Omaze website only. Check to make sure the website is fake or not prior to donating your money.
What are the chances of winning?
The more you donate, the higher your chances of winning since a higher donation equals a more significant number of entries. However, you can still enter without contributing, which qualifies you for a certain number of entries.
How can they verify a winner?
Once the contest has closed, a potential winner is randomly drawn via a cryptographically secure randomly generated number generator. After the random draw process, the Omaze team completes the process of confirming winners. There are more details on the process through their official website.
How do they contact and announce winners?
An Omaze representative notifies the potential winner via email. The potential winner has up to 24 hours to reply to the email sent. The Omaze could follow up with a scheduled video call as well. If a winner has responded to and confirmed their initial emails, they must accept the paperwork provided to them from The Events Team as part of the process of confirming the winner.
Do note that Omaze will never contact the winners through social media. Instead, it will contact them by email.
How does Omaze earn money?
As a not-for-profit entity, Omaze collects a 20% fee on net raises from their campaigns. To keep them operating this amount is used to cover the operational expenses like advertisements, content creation, and payment processing fees.