Omaze can be described as an online marketplace that allows users can give to charities and have the chance to be the winner of various prizes and experiences. It’s an innovative method for fundraising. Based on the information provided by the firm, users have raised more than 150 million dollars and supported over 350 charitable organizations. The charities are spread 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 are not required to be entered into a contest however, they can earn additional contest entries as well as other perks. Users are able to choose the charity they would like to donate to. Every contest comes with its unique prize, from luxurious automobiles to unique experience.
Before you go on, you may want to check out this video by The Entrepreneur on YouTube that gives a quick overview. After, you will want to read the rest of the article for a more comprehensive review.
What is the process behind Omaze work?
Omaze believes that every person should have the chance to participate in fundraisers. Traditionally, charitable organizations usually relied on fundraising events that only the wealthy and famous were invited to. Omaze set out to open up auctions for charities with its unique fundraising method. This means that everyday people can give to the charity they choose starting at just $10.
There are two ways you can enter. The first is through donating while the other option is taking part for no cost. It is possible to enter any contest for free and you’ll earn extra entries based on how much you donate. The higher your donation is, the more prizes you’ll win.
To donate, simply select “Enter Now” from the Experience or Prize page on the website. Select a donation amount and follow the steps to provide your information. You can give as many times as you like. But, there is a maximum Entry limit that is dependent upon the amount of prize.
For a chance to win for free visit the Experience or Prize page on the website. Click on the “enter without contributing link” and follow the instructions. You’ll need to fill out a form. When you submit the form, you will receive a particular amount of entries. The form can be submitted at any time you like, but again, the form has a limit on entries. entry limit.
Omaze has been criticized over how much of the money goes to the charity. For the most expensive prizes, only 10 to 15 percent of the proceeds go to the charity. The company has replied to say that 10% is a significant amount. The rest of the donation is used to pay for the costs of marketing and operations to ensure that they are running. What matters is that people are encouraged to contribute due to the attractive prizes.
For prizes with lower costs The company says that 60 percent of the prize goes to charity.
Donations made through the site directly go to Charities Aid Foundation America (CAF America). It’s a nonprofit organization that has partnered with Omaze in making fundraising easy as well as safe and efficient. CAFA uses donations to fund grants for charitable organisations.
Omaze provides a range of incredible prizes, which they call Experiences. These prizes include luxurious cars and dream homes, a chance to meet your favorite celebrity or have a unique journey.
Here are some examples of past and current prizes offered by Omaze:
- A chance to be the owner of an enviable multimillion dollar Miami dream home
- A vacation in Japan specifically designed for you
- An unforgettable safari as well as a stay at Giraffe Manor in Kenya
- An opportunity to win two seats on one of the first Virgin Galactic flights to space
- An exclusive meet and meet and greet for Dwayne “The Rock” Johnson
- A luxurious trip to a spa resort in Thailand
- First class plane tickets to any destination in the world.
- A chance to win luxury automobiles and other vehicles
Omaze has a constant stream of exciting new campaigns and prizes. You can check their website to view more prizes with the details. You can also see previous prizes and the winners. For contests that have been held previously you can also view how much the charity has received.
Who came up with Omaze?
Omaze was founded at the end of 2012 by Ryan Cummins and Matt Pohlson. The website says that they had the idea after they attended an auction benefitting charity. The item up for bidding was their ideal experience which included a basketball match and dinner in the company of Magic Johnson. However, the bidding went to the point that they were outbid. The prize was just $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 method of fundraising was restricted to wealthy people only. They thought that incredible events like this should not be available only to a select group of wealthy individuals.
Then they came up with a new kind of fundraising, which would be available to a more large variety of people.
This fundraising would be available on the internet, which means that everyone can take part. People wouldn’t need a lot of funds to participate and make it easier for more people to participate and to raise money in support of the organization.
They think that charities ought to feel more comfortable advertising on this platform since it’s for an important cause. Their platform allows charities to communicate with a larger market in a way that is appealing to raise more funds.
Is Omaze legitimate?
While the business has been the subject of some criticism, they appear that they are indeed legitimate. So far, they have raised more than $100 million for charity and have given out prizes to participants as promised. Numerous famous personalities have also supported and advocated for the platform.
Many winners have also spoken of the awards they have won. They also have a video on their Official Omaze Youtube channel.
Omaze is also certified as a member of Omaze is also accredited by Better Business Bureau with an A+ rating. Omaze/Advantage
Since it’s a for-profit organization, Omaze takes around 20% of the donations. If you wish to have all of your donations to go to the non-profit. In that case, you might consider donating directly to the non-profit or charity instead. However, the fun part about Omaze is that you are able to make a difference and simultaneously, get the chance to get a great experience. This makes it very appealing 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 make donations for starting at just $10. As the donation amount increases, the percentage of entries will also increase, and the amount equivalent to 1 entry decreases. For instance $150 is equal to 2000 entries, which is 1 entry for every 7 cents given. Omaze/Advantage
Here are the amounts for donations with the equivalent number of entries:
- $20 = 20 entry
- $25 = 250 entries (most popular option according to the website)
- $500 = $50 entries
- 100$ = 1200 entry
- $150 = 2000 entries
According to Omaze the company, they take around 12%-20% of the net funds. The money is used to cover operating expenses, including marketing, content creation, and payment processing fees. A majority of the money goes to charities.
For a more precise understanding, here’s how it differs between celebrity prizes and non-celebrity prizes. For the prizes of celebrities, which are typically cheaper, 60percent of money is given to charities and 25 percent goes to Omaze. For higher-end prizes, like vacations, cars, or cash 15percent of money is donated to charity, while 65%-75 percent goes to Omaze.
Omaze currently doesn’t offer refunds because the donations are for charitable causes. However, if you have any issues about your transactions it is recommended to contact Customer Service as soon as possible.
Customer Service Contact Info
If you have questions, concerns, or complaints. In this case, you may submit them directly to their website through 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 lets people donate to charities with the possibility to win unique prizes as well as experiences. Omaze is a legitimate business that has been running for a number of years. It has helped various charities achieve their goals by raising money for them. Its unique fundraising model allows everyone to have the opportunity to experience incredible experiences once in a lifetime.
Omaze is a different method to donate to charities. However, it’s received a lot of critiques regarding how much actually goes to charity. It’s understandable, since Omaze is a company, so it’s a for-profit organization. If your intention is to donate money to a charity and make sure 100% goes to them, you could donate straight to your charity. But if you’re interested in one of Omaze’s fabulous prizes, then donate through Omaze instead. It’s a win-win situation since you have the chance to win a prize while donating to a great cause.
Where is Omaze based?
Omaze is based within Los Angeles, California.
Is my contribution tax-deductible?
All Omaze donations are made through Charities Aid FoundatAmerica ion (CAFA). Because CAFA is an US charity that accepts donations from US donors through Omaze are tax-deductible. Omaze platform are tax-deductible in the amount the law permits. However, if your donation is made in conjunction with an experience reward, the value of the perk will be reduced. If you give $100 and get an experience perk of 75 dollars, the tax-deductible contribution is $25.
Is there any Omaze scams?
Even though Omaze is being criticized by many people online as a scam however, the company is completely legit. They are able to raise funds for charities and reward participants in accordance with their promises. To ensure your safety, just make sure to donate your money through Omaze’s official Omaze web site. Verify if the website is fake or not prior to making a donation of your money.
What are the chances of winning?
The more you donate the more likely you are of winning because a larger donation equals a more significant amount of entries. You can however take part without contributing and still be eligible for a set amount of entries.
How can they verify the winner?
Once the contest has closed the winner will be randomly selected using an encrypted and secure random-number generator. After the random drawing process, the Omaze team completes the confirmation of the winner. More details about the procedure on their website.
How do they contact and the winners?
An Omaze representative notifies potential winners via email. The winner is given 24 hours to reply to the email sent. The Omaze can contact them with an scheduled video conference, too. After a winner is been confirmed and responded to their initial emails, they need to complete the form provided from the Events Team as part of the confirmation process for winners.
Please note that Omaze will never contact winners via social media. It will only contact them via email.
How does Omaze make money?
As a not-for-profit entity, Omaze is able to collect 20% of net increases from their campaigns. To ensure that they are up and running this amount can be used to fund operational costs, such as advertising, content creation and payment processing fees.