Omaze is an online platform on which users can donate to charitable causes and also be the winner of various prizes and experiences. It’s an innovative method of fundraising. According to the company, users have raised more than 150 million dollars and have supported over 350 charities. The charities are spread across the globe. These charities are major credited non-profit organisations like UNICEF, After-School All-Stars, Julia’s House, Product Red as well as Make-A-Wish Foundation.
Donations aren’t necessary to participate in a contest, but they earn extra contest entries, as well as other benefits. Users are able to choose the charity they would like to donate to. Each contest has its own special prize, ranging from luxury cars to once-in-a-lifetime experiences.
Before you go on, you may want to check out this video by The Entrepreneur on YouTube that gives a quick overview. Afterward, you’ll want to read the rest of our article for a more comprehensive review.
How does Omaze function?
Is Omaze A 501 C 3
Omaze believes that every person should be able to take part in fundraising. Traditionally, charities relied on fundraising events that only the wealthy and famous could attend. Omaze wanted to democratize charity auctions through 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 you can enter. One is by donating, while the other option is taking part for no cost. You can enter any contest with no donation and you’ll earn extra entries based on the amount you give. The higher your donation, the more prize entries you’ll get.
To make a donation, go to “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 may make donations as often as you like. However, there is a maximum Entry limit that is dependent upon the amount of prize.
For a chance to win for free To enter for free, visit the Experience or Prize page on the website. Click the “enter without contributing link” and follow the instructions. You’ll be required to complete an online form. After submitting the form you will be awarded a certain amount of entries. You may submit the form multiple times as you want, however the form has a limit on entries. Entry limit.
Omaze has been criticized over how much of the money goes to the charity. In the case of expensive prizes, 10 to 15 percent of the donation goes to the charity. The company has responded to say that 10% is an amount that is significant. The rest of the donation is used to pay for the costs of marketing and operations to continue to run the business. It is important that people are encouraged to give because of attractive prizes.
For prizes that are less costly, the company reports that 60 percent of the donation is given to charities.
Donations made on the site directly go towards Charities Aid Foundation America (CAF America). It’s a nonprofit organization that has partnered with Omaze in making fundraising easy, safe, and effective. CAFA makes use of donations to pay grants for charitable organisations.
Omaze offers a variety of amazing prizes, which they refer to as experiences. The prizes include luxury cars as well as dream homes, the possibility to see your favorite celebrity, or a once-in-a-lifetime travel experience.
Here are some examples of the previous and present prizes that are offered by Omaze:
- A chance to be the owner of a multimillion-dollar Miami dream home
- A vacation in Japan specifically designed for you
- A memorable safari experience as well as a stay at Giraffe Manor in Kenya
- A chance to get 2 seats for one of the first Virgin Galactic flights to space
- Private meet and greet featuring Dwayne “The Rock” Johnson
- A luxury trip to a spa resort in Thailand
- First class plane tickets to any destination in the world.
- The chance to win luxurious automobiles and other vehicles
Omaze is constantly offering exciting new campaigns and prizes. Visit their website to see additional prizes and details. Also, you can view previous prizes and the winners. For contests that have been held previously, you can also see how much the charity received.
Who started Omaze?
Omaze was founded in 2012 by Ryan Cummins and Matt Pohlson. The website says that they had the idea after they attended a charity auction. The item up for bidding was their ideal experience which included a basketball match and meal with Magic Johnson. But, the bidding was to the point that they were outbid. The prize raised only $15,000.
The two couldn’t figure out why such a huge prize only raised a tiny amount for a great cause. They also felt that this fundraiser was only available to those who are wealthy. They thought that incredible experiences like this should not be accessible only to a few wealthy individuals.
Then they came up with an innovative method of fundraising that would be accessible to a large number of people.
This fundraiser would be made available online, so everyone 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 raise more money in support of the organization.
They also believe that charitable organizations can feel more confident about advertising themselves on the platform, since it’s an excellent cause. Their platform allows charities to connect with a wider public in a more appealing way to raise more funds.
Is Omaze real?
While the business has been the subject of some criticism, it appears that they’re legitimate. So far, they have collected more than 100 million dollars for charity and have awarded the prizes promised to participants. A lot of big-name celebrities have also been a part of the campaign and lobbied for the platform.
A number of winners have also talked of the awards they won. They are also featured on their official Omaze Youtube channel.
Omaze is also accredited with The Better Business Bureau with an A+ rating. Is Omaze A 501 C 3
Since it’s a for-profit organization, Omaze takes around 20 percent of donations. If you wish to have 100% of your donations to go to the non-profit. In that scenario, you could decide to donate directly to the non-profit organization or charity instead. However, the fun part of Omaze is the fact that it allows you to are able to contribute and, simultaneously you can be awarded a fantastic experience. This makes it appealing to a larger number of people. If you’re seeking unique experiences and experiences, then Omaze is a great chance.
Cost and Price Plans
Omaze lets you donate for as low as $10. When the amount of donation increases, the number of entries increases and the equivalent for 1 entry decreases. For instance $150 is equal to 2000 entries, which is 1 entry for every 7 cents donated. Is Omaze A 501 C 3
Here are the donations amounts that are equivalent to the amount of entry entries
- $20 = 20 entry
- $25 = $25 = 125 entries (most popular option according to the site)
- $50 = 500 entries
- $1200 = $100
- $1000 = 2000 entries
According to Omaze the company, they take about 12%- 20% of net profits. The money is used to cover operational costs, such as advertising, content creation and processing fees. About 60%-80% of the funds go to charity.
To make it more specific, here’s how it differs between the celebrity and non-celebrity prizes. For the prizes of celebrities which are generally more affordable, 60% of the donation goes to the charity and 25 percent is given to Omaze. For more expensive prizes like cars, vacations, or cash, 15% of the amount goes to charity and 65% to 75 percent goes to Omaze.
Omaze currently doesn’t offer refunds because the money is donated to charitable causes. However, if you encounter any issues regarding your transactions, you should contact Customer Service as soon as possible.
Customer Service Contact Info
Suppose you have any questions, concerns or issues. In that case you can submit them directly to their site 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 platform for fundraising which allows users to make donations to charitable organizations to be eligible to win prizes that are unique and experience. It’s a legitimate company which has been in operation for many years. It has helped various charities to achieve their goals through raising funds for them. Its unique fundraising strategy allows everyone to have the opportunity to enjoy incredible experiences once in a lifetime.
Omaze is a new method to make a donation to charity. It has however, received critiques regarding how much actually is donated to charities. It’s understandable, since Omaze is a company which is a profit-making organization. If you’re looking to donate money to a charity and make sure the entire amount goes to them, then you can donate directly to the charity instead. However, if you’re looking to win one of Omaze’s fabulous prizes you can donate to Omaze instead. You have the chance to be the winner of a prize and also donate to a worthy cause.
FAQS Is Omaze A 501 C 3
Where is Omaze where is it based?
Omaze is based within Los Angeles, California.
Is my contribution tax-deductible?
All Omaze donations go 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 allows. However, if your donation is made in conjunction with an experience reward, the value of the perk will be reduced. For example, if you make a donation of $100 and receive an experience worth $75, your tax-deductible contribution is $25.
Are there any Omaze frauds?
Even though Omaze has been criticized by numerous people online as a fraud but the business is legit. They can raise funds for charities and award participants as promised. To ensure your security ensure that you give your money to Omaze’s Omaze official Omaze web site. Check to make sure the site is legitimate or not prior to making a donation of your money.
What are the chances of winning?
The more you contribute the greater your chance of winning, as a greater donation equals a more significant number of entries. However, you can still participate without contributing money and still be eligible for a set number of entries.
How do they confirm that they have a winner?
When the contest has ended the winner will be randomly chosen using an encrypted and secure random number generator. Following the random drawing process Omaze’s team will complete the confirmation of the winner. More details about the procedure through their official website.
How do they reach them and announce winners?
An Omaze representative informs potential winners via email. The potential winner has up to 24 hours to reply to the email sent. The Omaze may follow up with a planned video conference, too. If a winner has responded to and confirmed their initial emails, they must accept the paperwork provided to them by the Events Team as part of the process of confirming the winner.
Please note Omaze won’t contact winners via social media, only through email.
How does Omaze earn money?
Omaze is a non-profit company. Omaze is able to collect a 20% fee on net raises generated by their campaigns. To ensure they stay functioning this amount is used to pay for the operational expenses like advertising, content creation and processing fees for payments.