Omaze can be described as an online marketplace on which users can give to charities and have the chance to be the winner of various prizes and experiences. It’s a unique method for raising money. As per the website, its users have raised over 150 million dollars, and have benefited more than 350 charities. They have charities across the globe. These charities are major credited non-profit organizations like UNICEF, After-School All-Stars, Julia’s House, Product Red as well as Make-A-Wish Foundation.
Donations aren’t necessary to enter a contest, but they do earn you extra contest entries as well as other perks. The contestants can choose which charity they would like to donate to. Every contest comes with its distinct prize, from luxury automobiles to unique experiences.
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 our article for a more comprehensive review of Omaze.
How does Omaze function?
Omaze Angel List
Omaze believes that everyone should be able to be a part of fundraising. In the past, charitable organizations typically relied on fundraisers where only the famous and wealthy attended. Omaze wanted to democratize auctions for charities with its unique fundraising model. This means everyday people can give to the charity of their choice for as low as $10.
You have two options to participate. The first is through donating and the other is by participating for free. You are able to participate in any contest without donating, but you earn additional entries depending on the amount you contribute. The higher your donation will result in more prize entries you’ll get.
To donate, simply click “Enter Now” from the Experience or Prize page on the website. Then choose a donation amount and follow the steps to provide your information. You may give as many times as you like. However, there is a maximum Entry limit which varies based on the 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 steps. You will need to accomplish the form. After submitting the form you will be awarded a certain number of entries. You may submit the form as many times as you’d like, however there is a maximum Entry limit.
Omaze has been criticized over its contribution to charity. donation goes to the charity. For expensive prizes, only about 10-15 percent of the proceeds go to the charity. The company has replied to say that 10% is still 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 motivated to give because of attractive prizes.
For prizes that are less costly The company claims that 60% of the money is given to charities.
Donations made on the site directly go to Charities Aid Foundation America (CAF America). It’s a public charity that has partnered with Omaze to make fundraising simple as well as safe and efficient. CAFA uses donations to fund grants for charitable organisations.
Omaze offers a wide range of amazing prizes, which they refer to as Experiences. The prizes include luxury cars and dream homes, the opportunity to get to know your favourite celebrity and a once-in-a lifetime travel experience.
Here are a few examples of past and current prizes provided by Omaze:
- A chance to take home a multimillion-dollar Miami dream house
- A vacation in Japan curated just for you
- An unforgettable safari as well as a stay at Giraffe Manor in Kenya
- A chance to get tickets to two of the very first Virgin Galactic flights to space
- Private meet and 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.
- The chance to win luxurious cars and a variety of other vehicles
Omaze is constantly offering exciting new campaigns and prizes. You can check their website to view more prizes , including the prize details. Also, you can view previous prizes as well as the winners. For previous contests you will also be able to see the amount the charity has received.
Who started Omaze?
Omaze was founded at the end of 2012 through Ryan Cummins and Matt Pohlson. The website says that they got the idea when they went to an auction benefitting charity. The auction item was their dream experience: a basketball game and meal together with Magic Johnson. The bidding was so high that they ended up being outbid. The prize ended up raising just $15,000.
The two didn’t understand why such a huge prize only raised a small amount to support a worthy cause. They also felt that this fundraising model was limited to those who are wealthy. They thought that incredible experiences such as this shouldn’t be accessible only to a few wealthy individuals.
They decided to create a new kind of fundraising that could be available to a significant variety of people.
This fundraiser would be made available online, so everyone could take part. People wouldn’t need much money to enter this event, which could encourage more participants and help raise more funds in support of the organization.
They believe that charitable organizations should feel better about advertising on this platform because it’s an important cause. Their platform allows charities to connect with a wider market in a way that is appealing to raise more funds.
Is Omaze legit?
While the company has faced some criticism, they appear that they’re actually legitimate. They have collected more than 100 million dollars for charity and have given out prizes to participants as promised. Numerous famous personalities have also endorsed and advocated on behalf of the organization.
A number of winners have also talked regarding the prize they have won. They are also featured on Omaze’s official Omaze Youtube channel.
Omaze is also certified by the Better Business Bureau with an A+ rating. Omaze Angel List
Because it’s a not-for-profit company, Omaze takes around 20% of the donations. Imagine you want 100% of your donations going to a non-profit. In that scenario, you could think about donating directly to the non-profit organization or charity instead. The best part of Omaze is the fact that it allows you to get to contribute and, at the same time, get the chance to receive a wonderful experience. This makes it a great attraction to a larger number of people. If you’re looking for unique experiences Then Omaze is an excellent opportunity.
Cost and Price Plans
Omaze allows you to donate starting at just $10. If the amount you donate increases, the percentage of entries also increases, and the equivalent for 1 entry decreases. For instance 150 dollars equals 2000 entries, which is one entry for every seven cents given. Omaze Angel List
Here are the amounts for donations with the equivalent quantity of entries
- $20 = 20 entry
- $25 = 250 entries (most sought-after option according to the site)
- $500 = $50 entries
- $1200 = $100
- $150 = 2000 entries
According to Omaze, their company takes approximately 12% to 20% of net earnings. The money is used to pay for operational costs, such as advertising, content creation and processing fees for payments. Around 60%-70% of money goes to charities.
To be more precise, here’s how it differs between celebrity prizes and non-celebrity prizes. For the prizes of celebrities that are usually cheaper sixty percent of prize goes to charity and 25 percent goes to Omaze. For higher-end prizes, like cars, vacations, or cash, fifteen percent of money goes to charity and 65% to 75 percent goes to Omaze.
Omaze is currently unable to provide refunds as donations are made to charitable causes. However, if you have any concerns regarding your transactions, you should contact Customer Service as soon as possible.
Customer Service Contact Info
If you have questions, concerns, or complaints. In that case you can send them directly to their website via using the Support Center and Submit a Request link. You can also access details and frequently asked questions at the Support Center.
Omaze is an online fundraising platform that allows people to donate to charitable organizations to be eligible to win unique prizes as well as experiences. It’s a legitimate organization that has been running for many years. It has helped numerous charities achieve their goals by raising money for them. Its unique fundraising strategy allows everyone to have the opportunity to experience amazing once-in-a-lifetime experiences.
Omaze is a different method to give to charity. However, it has 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 business, so it’s a for-profit company. If your intention is to donate money to a charity and make sure that all proceeds go to them, you could donate straight to your charity. If you’re interested in the amazing prizes offered by Omaze you can donate to Omaze instead. It’s a win-win since you have the chance to win prizes while also contributing to a great cause.
FAQS Omaze Angel List
Where is Omaze based?
Omaze is headquartered within Los Angeles, California.
Does my contribution count as tax-deductible?
All Omaze donations go through Charities Aid FoundatAmerica ion (CAFA). Since CAFA is a US charity that accepts donations from US donors using the Omaze platform are tax-deductible to the extent the law permits. If, however, your donation is made in conjunction with an experience-based perk then the value of the perk will be subtracted. For example, if you make a donation of $100 and earn an experience perk of $75, then your tax-deductible donation will be $25.
Is there any Omaze frauds?
While Omaze has been criticized by numerous people online as a scam however, the company is completely legit. It can raise money for the charities involved and award participants as promised. To ensure your safety ensure that you give your money to Omaze’s Omaze official Omaze site only. Check to make sure the site is legitimate or not prior to making a donation of your money.
What are the odds of winning?
The more you contribute the greater your chance of winning, as a greater donation equals a greater number of entries. However, you can still enter without contributing to qualify for a set number of entries.
How can they verify that they have a winner?
When the contest has ended after the contest has ended, a winner could be randomly drawn via a cryptographically secure random-number generator. After the random draw process Omaze’s team will complete the confirmation of the winner. There are more details on the process at their site.
How do they reach them and to announce winners?
An Omaze representative informs the potential winner via email. The potential winner has up to 24 hours to reply to the email sent. The Omaze could follow up with a scheduled video conference, too. Once a potential winner has been confirmed and responded to their initial emails, they will need to accept the paperwork provided to them by the Events Team as part of the process of confirming the winner.
Do note Omaze does not contact the winners through social media. Instead, it will contact them by email.
How does Omaze make money?
As a for-profit organization, Omaze collects 20% of net increases from their campaigns. To keep them functioning, this fee is used to cover operational costs, such as advertisements, content creation, and processing fees.