Omaze can be described as an online marketplace where people can donate to charitable causes and also get various prizes and experience. It’s a unique crowdfunding method for raising funds. Based on the information provided by the firm, the users have raised more than 150 million dollars, and have benefited more than 350 charities. These charities are located all over the world. These charities are major credited non-profit organizations like 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 and other perks. The contestants can choose which cause they’d like to contribute to. Every contest comes with its own unique prize, from luxurious automobiles to unique experiences.
Before you continue, 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 of Omaze.
What is the process behind Omaze work?
Omaze believes that everyone should have the chance to take part in fundraising. Traditionally, charitable organizations usually relied on fundraising events that only the wealthy and famous could attend. Omaze was founded to make auctions for charity through its unique fundraising method. It allows everyday citizens to give to the charity they choose for as little as $10.
There are two ways to participate. You can donate, while the other option is participating for free. It is possible to enter any contest for free, but you earn additional entries based on how much you donate. The more you donate will result in more prizes you’ll win.
To donate, click “Enter Now” from the Experience or Prize page on the website. Choose a amount to donate and follow the directions to fill in your details. You may give as many times as you like. There is however an upper limit on entries which varies based upon the amount of prize.
To enter for free, go to the Experience or Prize page on the website. Click the “enter without contributing link” and follow the instructions. You’ll need to fill out an online form. After submitting the form you will receive a specific 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 what percentage of donation is actually going to charity. In the case of expensive prizes, 10 to 15 percent of the money is donated to the charity. The company has stated with the statement that 10% an impressive amount. The rest of the donation is used to pay for operational and marketing costs to continue to run the business. It is important that people are enticed to give because of attractive prizes.
For prizes with lower costs, the company reports 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 public charity that has partnered with Omaze in making fundraising easy as well as safe and efficient. CAFA uses donations to fund grants to charitable organisations.
Omaze offers a variety of incredible prizes, which they refer to as Experiences. These prizes include luxurious cars as well as dream homes, the opportunity to get to know your favourite celebrity or have a unique travel experience.
Here are a few examples of the previous and current prizes that are offered by Omaze:
- A chance to be the owner of a multimillion-dollar Miami dream house
- A vacation in Japan specially designed for you
- An unforgettable safari with a luxurious stay in Giraffe Manor in Kenya
- An opportunity to get tickets to two of the very first Virgin Galactic flights to space
- Private meet and greet featuring Dwayne “The Rock” Johnson
- A luxurious trip to a wellness resort in Thailand
- First class tickets on planes to anyplace in the world
- Chance to win luxurious automobiles and other vehicles
Omaze has a constant stream of exciting new campaigns and prizes. Check their website to view more prizes with the details. You can also see previous prizes and the winners. For previous contests you can also view the amount the charity has received.
Who started Omaze?
Omaze was launched on the 12th of December 2012, in 2012 by Ryan Cummins and Matt Pohlson. The website says that they came up with the idea after attending an auction benefitting charity. The item that was up for auction was their dream experience: a basketball game and dining together with Magic Johnson. However, the bidding went so high that they ended up being outbid. The prize was just $15,000.
They couldn’t comprehend why such a big prize only raised a tiny amount for a great cause. They also believed that this fundraising model was limited to rich people only. They believed that amazing 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 would be accessible to a significant variety of people.
The fundraising will be accessible on the internet, which means that everyone can participate. It wouldn’t take much funds to participate, which would encourage more participants and help to raise money in support of the organization.
They also believe that charitable organizations ought to feel more comfortable advertising on the platform, since it’s an excellent cause. The platform lets charities reach out to a broader 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. They have raised more than $100 million for charity , and have given out prizes to participants as promised. Many famous celebrities have also supported and advocated to the program.
Several winners have also spoken about the prizes they won. Some are also featured on their Official Omaze Youtube channel.
Omaze is also accredited as a member of the Better Business Bureau with an A+ rating. Omaze Awards
As a non-profit corporation, Omaze takes around 20 percent of donations. Suppose you want all your contributions to be donated to a non-profit. In this case, you might decide to donate straight to the charity or charity instead. However, the fun part with Omaze is the fact that it allows you to get to contribute and, in the process you can receive a wonderful experience. This makes it a great attraction to a larger number of people. If you’re interested in once-in-a-lifetime experiences, then Omaze is a great chance.
Cost and Price Plans
Omaze lets you make donations for starting at just $10. As the donation amount increases, the proportion of entries also increases, and the equivalent for 1 entry decreases. For example 150 dollars equals 2000 entries. This is 1 entry for every 7 cents donated. Omaze Awards
Here are the amounts for donations with the equivalent amount of entry entries
- $20 = 20 entry
- $25 = 125 entries (most popular option according to the site)
- $500 = $50 entries
- $1200 = $100
- $150 = 2000 entries
According to Omaze their business, it takes approximately 12% to 20% of net profits. These funds are used to pay for operational costs, such as advertising, content creation, and processing fees for payments. Around 60%-70% of funds are donated to charities.
To make it more specific This is how it differs between non-celebrity prizes and celebrity prizes. For celebrity prizes that are usually more affordable sixty percent of donation goes to the charity and 25% goes to Omaze. For higher-end prizes, like automobiles, vacations, or cash fifteen percent of money goes to charity and 65% to 75% goes to Omaze.
Omaze currently does not provide refunds as the donations are for charitable causes. However, if you have any concerns regarding your transactions it is recommended to contact Customer Service as soon as possible.
Customer Service Contact Info
If you have any concerns, queries, issues or concerns. In that case, you may submit your concerns directly to their website through their Support Center and Submit a Request link. You can also access details and frequently asked questions at the Support Center.
Omaze can be described as an internet-based platform for fundraising that lets people donate to charities in exchange for the chance to win prizes that are unique and experience. It’s a legitimate organization which has been in operation for many years. It has helped numerous charities reach their goals by making donations for them. Its unique fundraising strategy allows everyone to have the chance to gain amazing once-in-a-lifetime experiences.
Omaze is a different way to give to charity. However, it’s received criticism for how much money actually is donated to charities. However, it’s understandable since Omaze is a business which is a profit-making company. If your intention is to simply donate to a charity and make sure all proceeds go to them, then donate straight to your charity. However, if you’re looking to win one of Omaze’s amazing prizes make sure to donate via Omaze instead. It’s a win-win situation since you get the chance to win prizes while also contributing to a worthy cause.
FAQS Omaze Awards
Where is Omaze located?
Omaze is located in Los Angeles, California.
Can my tax-deductible contribution be deducted?
All Omaze donations are made through Charities Aid FoundatAmerica ion (CAFA). Since CAFA is an US charity that accepts donations from US donors using Omaze are tax-deductible. Omaze platform are tax-deductible in the amount the law permits. However, if your donation comes with an experience-based perk, the value of the perk will be subtracted. If you give $100 and earn a perk worth $75, then your tax-deductible contribution is $25.
Do you know of any Omaze scams?
Even though Omaze is being attacked by a lot of people on the internet as a scam but the business is authentic. They can raise funds to benefit the organizations involved and award participants as promised. To ensure your security ensure that you give your money to the authentic Omaze website only. Check to make sure the website is genuine 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 since a higher donation equals a larger amount of entries. However, you can still enter without contributing and still be eligible for a certain amount of entries.
How do they confirm a winner?
After the contest is over, a potential winner is randomly chosen using an encryption-secure cryptographically secured randomly generated number generator. After the random draw process, the Omaze team completes the process of confirming winners. You may view more details on the process through their official website.
How do they contact and to announce winners?
An Omaze representative will notify potential winners via email. The potential winner has up to 24 hours to respond to the email sent. The Omaze may respond with a planned video conference as well. If a winner has confirmed and replied to the initial email, they will need to complete the form provided through The Events Team as part of the winner confirmation process.
Do note Omaze does not contact winners via social media. Instead, it will contact them by email.
How does Omaze earn its money?
As a not-for-profit entity, Omaze collects 20% of net raises from their campaigns. To ensure that they are functioning this amount is used to cover operational costs, such as advertisements, content creation, and processing fees.