Omaze can be described as an online marketplace where people can make donations to charities and have the chance to be the winner of various prizes and experiences. It’s a unique crowdfunding method for raising money. Based on the information provided by the firm, its users have raised over 150 million dollars and have supported more than 350 charitable organizations. These charities are located all over the world. They are the most reputable non-profit organizations like UNICEF, After-School All-Stars, Julia’s House, Product Red, and Make-A-Wish Foundation.
Donations aren’t required to enter a contest, but they do earn you extra contest entries and other perks. Users can decide what cause they’d like to contribute to. Each contest has its own unique prize, from luxurious automobiles to unique experiences.
Before you continue, you may want to watch this video by The Entrepreneur on YouTube that gives a quick overview. Afterward, you will want to read the rest of the article for a more comprehensive review of Omaze.
How does Omaze work?
Kevin Smith Omaze
Omaze believes that everyone deserves the opportunity to take part in fundraising. Traditionally, charitable organizations usually relied on fundraising events that only the famous and wealthy attended. Omaze wanted to democratize auctions for charity through its unique fundraising model. This means that everyday people can give to the charity of their choice for as little as $10.
There are two ways to participate. The first is through donating or entering for no cost. It is possible to enter any contest without donating, but you earn additional entries based on how much you give. The greater your donation will result in more prize entries you’ll get.
To donate, go to “Enter Now” from the Experience or Prize page on the website. Then choose a donation amount and follow the instructions to fill in your details. You are able to donate as many times as you like. However, there is an entry limit for each person that is dependent on the prize.
To be eligible for a free entry To enter for free, 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 a form. Upon submitting the form, you will receive a particular number of entries. You can submit the form as many times as you’d like, however, there is a maximum entry limit.
Omaze has faced criticism about its contribution to charity. donation is actually going to charity. For the most expensive prizes, only 10 to 15 percent of the money is donated to charity. The company has stated that 10 percent is still an amount that is significant. The remaining 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 prizes that are less costly The company claims that 60 percent of the donation is given to charities.
Donations made through the website are directly donated into Charities Aid Foundation America (CAF America). It’s a public charity that has partnered with Omaze to make fundraising simple, safe, and effective. CAFA uses donations to fund grants for charitable organisations.
Omaze offers a wide range of amazing prizes, which they call Experiences. These prizes include luxurious cars as well as dream homes, a possibility to see your favorite celeb or have a unique journey.
Here are some examples of past and current prizes provided by Omaze:
- The chance to take home an enviable multimillion dollar Miami dream home
- A vacation in Japan curated just for you
- A memorable safari experience and stay at Giraffe Manor in Kenya
- An opportunity to be the first to win tickets to two of the first Virgin Galactic flights to space
- A private meet and greet featuring Dwayne “The Rock” Johnson
- A luxurious vacation to a wellness retreat in Thailand
- First-class plane tickets to anywhere in the world
- A chance to win luxury cars and a variety of other vehicles
Omaze is constantly offering new campaigns and enticing prizes. Check their website to see additional prizes and information. You can also see previous prizes and winners. For contests that have been held previously you can also view how much the charity received.
Who was the person who started Omaze?
Omaze was launched on the 12th of December 2012, in 2012 by Ryan Cummins and Matt Pohlson. As per the site, they came up with the idea when they went to a charity auction. The auction item was their ideal experience: a basketball game and meal in the company of Magic Johnson. However, the bidding went to the point that they were outbid. The prize raised just $15,000.
The two couldn’t figure out the reason why a prize of this magnitude only raised a small amount to support a worthy cause. They also felt that this fundraising model was limited to wealthy people only. They believed that amazing experiences such as this shouldn’t be available only to a small number of wealthy individuals.
They decided to create a new kind of fundraising that could be accessible to a large amount of people.
This fundraising would be available on the internet, which means that everyone can take part. People wouldn’t need much cash to participate this event, which could increase participation and raise more funds in support of the organization.
They believe that charitable organizations ought to feel more comfortable marketing themselves through this platform because it’s an excellent cause. Their platform allows charities to connect with a wider public in a more appealing way to raise money.
Is Omaze legitimate?
Although the company has received some criticism, it seems that they are indeed legitimate. They have raised more than $100 million for charity , and have distributed the prizes to the participants in accordance with their promises. Many famous celebrities have also supported and advocated on behalf of the organization.
A number of winners have also talked about the prizes they have received. Some are also featured on Omaze’s Omaze channel. Omaze Youtube channel.
Omaze is also accredited by The Better Business Bureau with an A+ rating. Kevin Smith Omaze
Because it’s a not-for-profit company, Omaze takes around 20% of the donations. Imagine you want all your contributions going to a non-profit. In this situation, you may think about donating direct to the nonprofit organization or charity instead. However, the fun part of Omaze is the fact that it allows you to get to make a difference while simultaneously getting to get a great experience. This makes it appealing to a wider range of people. If you’re interested in once-in-a-lifetime experiences, then Omaze is a fantastic chance.
Cost and Price Plans
Omaze lets you make donations for starting at just $10. If the amount you donate increases, the number of entries also increases, and the value of one entry decreases. For instance, a $150 donation equals 2000 entries, which is 1 entry per 7 cents donated. Kevin Smith Omaze
Here are the donations amounts that are equivalent to the quantity of entries
- $20 = 20 entry
- $25 = $25 = 125 entries (most well-liked option, according to the site)
- $500 = $50 entries
- $100 = 1,200 entries
- $1000 = 2000 entries
According to Omaze the company, they take around 12%-20% of the net funds. The money is used to fund operating expenses, including advertising, content creation and payment processing fees. Around 60%-70% of funds are donated to charities.
For a more precise understanding Here’s the difference between celebrity prizes and non-celebrity prizes. For celebrity prizes, which are typically more affordable 60% of the money goes to charity, while 25 percent goes to Omaze. For prizes that are more costly, such as automobiles, vacations, or cash 15percent of amount is donated 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 encounter any concerns about your transactions, you should contact Customer Service as soon as possible.
Customer Service Contact Info
Suppose you have any doubts, questions or issues. If so you can send your concerns directly to their website through using the Support Center and Submit a Request link. You can also access information and answers to frequently asked questions on the Support Center.
Omaze can be described as an internet-based platform for fundraising that allows people to donate to charities to be eligible to win prizes that are unique as well as experiences. It’s a legitimate organization that has been operating for many years. It has helped numerous charities reach their goals by raising funds for them. The unique fundraising method lets everyone have the opportunity to enjoy unforgettable experiences that will last a lifetime.
Omaze is a new method to make a donation to charity. It has however, been the subject of a lot of criticism for how much money actually is donated to charities. But, this is understandable as Omaze is a commercial enterprise which is a profit-making company. If you’re looking to simply donate to an organization and ensure that the entire amount goes to them, then donate direct to charity. But if you’re interested in one of Omaze’s fabulous prizes make sure to donate via Omaze instead. It’s a win-win situation since you have the chance to win prizes while also contributing to a worthy cause.
FAQS Kevin Smith Omaze
Where is Omaze located?
Omaze is located at Los Angeles, California.
Does my contribution count as tax-deductible?
All Omaze donations go to Charities Aid FoundatAmerica ion (CAFA). Because CAFA is an US charity and all donations made by US donors through Omaze are tax-deductible. Omaze platform can be tax-deductible as long as the law permits. However, if your donation comes with an experience-based perk, the value of the perk will be reduced. For example, if you make a donation of $100 and earn an experience perk of $75, your tax-deductible contribution would be $25.
Is there any Omaze frauds?
While Omaze is being attacked by a lot of people on the internet as a fraud, the company is totally legitimate. They are able to raise funds for charities and reward participants in accordance with their promises. To protect yourself, just make sure to make your donation through Omaze’s authentic Omaze website only. Double-check to see if the site is legitimate or not prior to making a donation of your money.
What are the chances of winning?
The more you donate the greater your chance of winning because a larger donation equals a more significant amount of entries. However, you can still participate without contributing money to qualify for a set number of entries.
How do they confirm that they have a winner?
After the contest is over the winner will be randomly chosen using an encryption-secure cryptographically secured random-number generator. Following the random drawing process Omaze’s team will complete the process of confirming winners. There are more details about the procedure through their official website.
How do they contact and to announce winners?
An Omaze representative will notify the potential winner via email. The potential winner has up to 24 hours to reply to the initial email. The Omaze can follow up with a planned video conference, too. Once a potential winner has been confirmed and responded to their initial emails, they will need to complete the form provided from The Events Team as part of the confirmation process for winners.
Please note Omaze won’t reach out to winners via social media. Instead, it will contact them by email.
How does Omaze make money?
As a not-for-profit entity, Omaze receives 20% of net increases from their campaigns. To keep them operating this amount is used to pay for operational costs, such as advertising, content creation, and processing fees for payments.