Omaze can be described as an online marketplace on which users can give to charities and get a chance to be the winner of various prizes and experiences. It’s a unique method of fundraising. As per the website, its users have raised more than 150 million dollars and have supported more than 350 charities. The charities are spread across the globe. They are the most reputable non-profit organizations such as UNICEF, After-School All-Stars, Julia’s House, Product Red, as well as Make-A-Wish Foundation.
Donations aren’t necessary to be entered into a contest but they earn extra contest entries, as well as other benefits. The contestants can choose which charity they would like to donate to. Every contest comes with its own unique prize, from luxurious cars to once-in-a-lifetime experience.
Before you continue, you may want to watch this video by The Entrepreneur on YouTube that gives a quick review. After, you’ll want to read the rest of our article for a more comprehensive review.
What is the process behind Omaze function?
Lumos And Omaze
Omaze believes that everyone should have the chance to participate in fundraisers. Traditionally, charities depended on fundraising events where only the rich and famous attended. Omaze set out to open up charity auctions through its unique fundraising model. This means that everyday people can give to the charity they choose for as little as $10.
There are two ways you can enter. One is by donating, while the other option is entering for no cost. You are able to participate in any contest with no donation, but you earn additional entries based on the amount you give. The greater your donation will result in 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 steps to fill in your details. You may make donations as often as you want. However, there is a maximum Entry limit that is dependent upon the amount of prize.
To enter for free, go to the Experience or Prize page on the website. Select the “enter without contributing link” and follow the steps. You’ll need to fill out the form. When you submit the form, you will be awarded a certain amount of entries. You may submit the form at any time you like, but again, you will be subject to a certain Entry limit.
Omaze has received some criticism about how much of the prize is actually going to charity. For expensive prizes, only about 10-15 percent of the donation goes to the charity. The company has responded that 10 percent is an impressive amount. The rest of the donation is used to cover the costs of marketing and operations to keep them running. The most important thing is that people are encouraged to contribute due to the attractive prizes.
For less expensive prizes, the company reports that 60 percent of the prize is given to charities.
Donations made through the website are directly donated towards Charities Aid Foundation America (CAF America). It’s a public charity that has partnered with Omaze in making fundraising easy as well as safe and efficient. CAFA uses donations to fund grants for charitable organizations.
Omaze offers a wide range of incredible prizesthat they refer to as experiences. The prizes include luxurious vehicles and dream homes, a chance to meet your favourite celebrity, or a once-in-a-lifetime travel experience.
Here are a few examples of the past and present prizes provided by Omaze:
- The chance to win a multimillion-dollar Miami dream house
- A trip to Japan specifically designed for you
- A memorable safari experience and stay at Giraffe Manor in Kenya
- An opportunity to get two seats on one of the first Virgin Galactic flights to space
- Private meet and meet and greet for Dwayne “The Rock” Johnson
- A luxurious vacation to a wellness resort in Thailand
- First class plane tickets to any destination in the world.
- The chance to win luxurious vehicles and other vehicles
Omaze has a constant stream of new campaigns and enticing prizes. You can check their website for more prizes with the details. Also, you can view previous prizes and the winners. For previous contests, you can also see the amount that the charity received.
Who came up with Omaze?
Omaze was founded at the end of 2012 in 2012 by Ryan Cummins and Matt Pohlson. The website says that they got the idea after attending an auction benefitting charity. The item that was up for auction was their ideal trip which included a basketball match and meal together with Magic Johnson. However, the bidding went to the point that they were outbid. The prize ended up raising just $15,000.
The two didn’t understand the reason why a prize of this magnitude only brought in a small amount to support a worthy cause. They also felt that this method of fundraising was restricted to those who are wealthy. They thought that incredible experiences like this should not be accessible only to a small number of wealthy individuals.
Then they came up with a new kind of fundraising that could be accessible to a large amount of people.
This fundraiser would be made available online, so everyone could participate. Participants wouldn’t require an enormous amount of cash to participate and encourage more participants and help to raise money for the charity.
They also think that charities can feel more confident about 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 real?
While the business has been the subject of some criticism, they appear that they are indeed legitimate. So far, they have collected more than $100 million for charity , and have awarded the prizes promised to participants. A lot of big-name celebrities have also supported and advocated to the program.
A number of winners have also talked 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. Lumos And Omaze
As a non-profit corporation, Omaze takes around 20 percent of donations. If you wish to have all your contributions to go to the non-profit. In this case, you might consider donating direct to the nonprofit organization or charity instead. But the best thing about Omaze is the fact that it allows you to have the chance to contribute and at the same time getting to receive a wonderful experience. This makes it a great attraction to a broader 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 just $10. When the amount of donation increases, the proportion of entries also increases, and the amount equivalent to 1 entry decreases. For example, a $150 donation equals 2000 entries. This is one entry for every seven cents given. Lumos And Omaze
Here are the donation amounts with the equivalent number of entries:
- $10 = 20 entries
- $25 = 125 entries (most popular option according to the site)
- $50 = 500 entries
- $1200 = $100
- $150 = 2000 entries
According to Omaze their business, it takes around 12%-20% of the net earnings. This is used to fund operational costs, such as marketing, content creation, and processing fees. A majority of the funds go to charity.
To be more precise Here’s the difference between non-celebrity prizes and celebrity prizes. For prizes that are awarded to celebrities that are usually cheaper 60% of the donation goes to charity, while 25 percent is given to Omaze. For more expensive prizes like vacations, cars, or cash 15percent of amount is donated to charity, while 65%-75 percent goes to Omaze.
Omaze currently doesn’t offer refunds since the money is donated to charitable causes. However, if you encounter any questions regarding your transactions You should get in touch with Customer Service as soon as possible.
Customer Service Contact Info
If you have questions, concerns or issues. If so you can send your concerns directly to their website via the Support Center and Submit a Request link. There is also a wealth of information and find frequently asked questions at the Support Center.
Omaze is an online platform for fundraising that lets people donate to charitable organizations to be eligible to win unique prizes and experiences. It’s a legitimate company that has been operating for many years. It has helped various charities reach their goals by making donations for them. Its unique fundraising model allows everyone to have the opportunity to enjoy amazing once-in-a-lifetime experiences.
Omaze is a different way to give to charity. It has however, been the subject of a lot of criticism over how much of the money actually goes to charity. It’s understandable, since Omaze is a commercial enterprise which is a profit-making organisation. If your intention is to simply donate to a charity and make sure that 100% goes to them, then you can donate directly to the charity instead. But if you’re interested in one of Omaze’s fabulous prizes, then donate through Omaze instead. It’s a win-win since you have the chance to win prizes while also contributing to a worthy cause.
FAQS Lumos And Omaze
Where is Omaze based?
Omaze is based in Los Angeles, California.
Does my contribution count as tax-deductible?
All Omaze donations go through Charities Aid FoundatAmerica ion (CAFA). Since CAFA is an US charity that accepts donations from US donors using the Omaze platform are tax-deductible in the amount the law permits. If, however, your donation is made in conjunction with an experience reward, the value of the experience perk will be deducted. So if you donate $100 and earn a perk worth 75 dollars, the tax-deductible contribution will be $25.
Is there any Omaze frauds?
While Omaze is being attacked by many people online as a scam, the company is totally legit. It can raise money for charities and reward participants in accordance with their promises. To ensure your security, just make sure to donate your money through the Omaze official Omaze web site. Double-check to see if the website is fake or not before donating your money.
What are the odds of winning?
The more you give the greater your chance of winning since a higher donation equals a more significant number of entries. You can however participate without contributing money, which qualifies you for a certain amount of entries.
What is the process to confirm the winner?
Once the contest has closed after the contest has ended, a winner could be randomly drawn via an encryption-secure cryptographically secured random-number generator. Following the random drawing process Omaze’s team finishes the process of confirming winners. There are more details on the procedure through their official website.
How do they contact and to announce winners?
An Omaze representative informs the winner of the contest via email. The potential winner has up to 24 hours to respond to the email sent. The Omaze could follow up with a planned video conference, too. After a winner is responded to and confirmed the initial email, they need to sign paperwork sent to them through an Events Team as part of the winner confirmation process.
Note that Omaze will never reach out to winners via social media. It will only contact them via email.
How does Omaze earn its money?
Omaze is a non-profit company. Omaze receives 20% of net raises generated by their campaigns. To ensure that they are operating, this fee can be used to fund operating expenses, including advertising, content creation and processing fees for payments.