Omaze is an online platform where people can make donations to charities and have the chance to win various prizes and experiences. It’s a unique method for raising funds. According to the company, the users have raised more than 150 million dollars and supported more than 350 charities. These charities are located all over the world. 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 required to participate in a contest, however, they can earn additional contest entries as well as other perks. Users are able to choose the charity they want to donate to. Each contest has 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 review. Afterward, you will want to read the rest of our article for a more comprehensive review.
How does Omaze function?
How Much Omaze Takes
Omaze believes that every person deserves the opportunity to take part in fundraising. In the past, charitable organizations typically relied on fundraising events that only the rich and famous attended. Omaze set out to open up auctions for charities with its unique fundraising model. This means everyday people can donate to the charity of their choice for as low as $10.
You have two options to participate. One is by donating, or entering for no cost. You are able to participate in any contest without donating, but you earn additional entries based on how much you donate. The greater your donation, the more prize entries you’ll get.
To donate, go to “Enter Now” from the Experience or Prize page on the website. Select a donation amount and follow the steps to fill in your details. You can give as many times as you’d like. There is however an upper limit on entries that varies depending upon the amount of prize.
To be eligible for a free entry visit the Experience or Prize page on the website. Click the “enter without contributing link” and follow the steps. You’ll be required to complete an online form. After submitting the form you will be awarded a certain amount of entries. You can submit the form as many times as you want, however, there is a maximum entry limit.
Omaze has been criticized regarding what percentage of donation is actually going to charity. In the case of expensive prizes, about 10-15 percent of the proceeds go to the charity. The company has stated that 10 percent is a significant amount. The remainder of the money is used to pay for expenses for marketing and operational costs to continue to run the business. What matters is that people are enticed to donate because of the attractive prizes.
For less expensive prizes The company claims that 60 percent of the prize is given to charities.
Donations made through the website go directly to Charities Aid Foundation America (CAF America). It’s a public charity which has joined forces with Omaze to make fundraising simple secure, efficient, and safe. CAFA makes use of donations to pay grants to charitable organisations.
Omaze offers a variety of incredible prizes, which they call Experiences. These prizes include luxurious cars, dream homes, the possibility to see your favorite celeb, or a once-in-a-lifetime travel experience.
Here are a few examples of the past and current prizes offered by Omaze:
- The chance to win the multimillion-dollar Miami dream home
- A vacation in Japan curated just for you
- A memorable safari experience with a luxurious stay in Giraffe Manor in Kenya
- An opportunity to get 2 seats for one of the very first Virgin Galactic flights to space
- An exclusive meet and greet with Dwayne “The Rock” Johnson
- A luxurious trip to a wellness retreat in Thailand
- First-class plane tickets to anywhere in the world.
- The chance to win luxurious vehicles and other vehicles
Omaze offers constantly new campaigns and enticing prizes. Visit their website for more prizes with the details. It also provides previous prizes and the winners. For contests that have been held previously you will also be able to see the amount that the charity received.
Who was the person who started Omaze?
Omaze was founded on the 12th of December 2012, by Ryan Cummins and Matt Pohlson. As per the site, they came up with the idea after attending an auction benefitting charity. The auction item was their ideal experience which included a basketball match and dinner together with Magic Johnson. But, the bidding was so high that they were outbid. The prize was only $15,000.
They couldn’t comprehend why such a huge prize only raised a small amount to support a worthy cause. They also felt that this fundraiser was only available to those who are wealthy. They felt that extraordinary experiences like this should not be accessible only to a select group of wealthy people.
They decided to create a new kind of fundraising that could be accessible to a large number of people.
The fundraising will be accessible on the internet, which means that everyone can participate. It wouldn’t take an enormous amount of funds to participate, which would increase participation and raise more funds for the charity.
They think that charities ought to feel more comfortable advertising on this platform since it’s for a great cause. Their platform allows charities to connect with a wider public in a more appealing way to raise more funds.
Is Omaze legit?
While the company has faced some criticism, it appears that they’re legitimate. So far, they have raised more than $100 million for charity , and have distributed the prizes to the participants in accordance with their promises. Numerous famous personalities have also been a part of the campaign and lobbied on behalf of the organization.
Several winners have also spoken of the awards they received. They are also featured on Omaze’s Official Omaze Youtube channel.
Omaze is also certified by The Better Business Bureau with an A+ rating. How Much Omaze Takes
As a non-profit corporation, Omaze takes around 20 percent of donations. Suppose you want all of your donations to go to the non-profit. In that case, you might consider donating straight to the charity organization or charity instead. The best part about Omaze is that you get to contribute and in the process getting to receive a wonderful experience. This makes it very appealing to a broader number of people. If you’re looking for unique experiences, then Omaze is a great chance.
Cost and Price Plans
Omaze lets you donate for just $10. When the amount of donation increases, the number of entries also increases, and the value of one entry decreases. For example 150 dollars equals 2000 entries. This is one entry for every seven cents donated. How Much Omaze Takes
Here are the donation amounts that are equivalent to the quantity of entries
- $10 = 20 entries
- $25 = 250 entries (most well-liked option, according to the site)
- $50 = 500 entries
- 100$ = 1200 entry
- $1000 = 2000 entries
According to Omaze, their company takes approximately 12% to 20% of net profits. These funds are used to fund expenses for operations, like marketing, content creation, and processing fees. About 60%-80% 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 which are generally cheaper, sixty percent of money is given to charities, while 25% goes to Omaze. For more expensive prizes like automobiles, vacations, or cash, 15percent of donation goes to charity while 65%-75 percent is given to Omaze.
Omaze currently does not offer refunds since donations are made to charitable causes. However, if you encounter any questions with your transaction, you should contact Customer Service as soon as possible.
Customer Service Contact Info
If you have any concerns, doubts, questions, or complaints. In this case you can submit your concerns directly to their website through the Support Center and Submit a Request link. You can also find information and find frequently asked questions on the Support Center.
Omaze can be described as an internet-based fundraising platform that allows people to donate to charities in exchange for the chance to win unique prizes as well as experiences. Omaze is a legitimate business that has been running for several years now. It has helped numerous charities reach their goals by raising money for them. Its unique fundraising strategy gives everyone the opportunity to enjoy incredible experiences once in a lifetime.
Omaze is a new method to make a donation to charities. However, it has received critiques regarding how much actually goes to charity. But, this is understandable as Omaze is a company which is a profit-making organization. If your goal is to donate money to a charity and make sure that 100% goes to them, then you can donate directly to the charity instead. However, if you’re looking to win one of Omaze’s amazing prizes, then donate through Omaze instead. It’s a win-win since you get the chance to be the winner of a prize and also donate to a great cause.
FAQS How Much Omaze Takes
Where is Omaze based?
Omaze is headquartered within Los Angeles, California.
Can my tax-deductible contribution be deducted?
All Omaze donations go to Charities Aid FoundatAmerica ion (CAFA). Since CAFA is an US charity that accepts donations from US donors using Omaze are tax-deductible. Omaze platform can be tax-deductible as long as the law allows. However, if your contribution 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, your tax-deductible contribution is $25.
Are there any Omaze frauds?
While Omaze is being criticized by many people online as a scam but the business is authentic. It can raise money for the charities involved and award participants as promised. To ensure your security, just make sure to give your money to the authentic Omaze website only. Verify if the website is fake or not prior to donating your money.
What are the chances of winning?
The more you contribute the greater your chance of winning, as a greater donation equals a larger number of entries. However, you can still enter without contributing, which qualifies you for a set amount of entries.
How can they verify that they have a winner?
Once the contest has closed after the contest has ended, a winner could be randomly chosen using an encryption-secure cryptographically secured randomly generated number generator. After the random drawing process Omaze’s team will complete the process of confirming winners. You may view more information about the procedure through their official website.
How can they get in touch with them? to announce 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 initial email. The Omaze could follow up with a scheduled video conference as well. If a winner has confirmed and replied to the initial email, they need to complete the form provided by The Events Team as part of the confirmation process for winners.
Do note that Omaze will never contact the winners through 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 they stay functioning, this fee is used to cover operating expenses, including advertising, content creation and payment processing fees.