Omaze can be described as an online marketplace where people can donate to charitable causes and get a chance to be the winner of various prizes and experiences. It’s a unique crowdfunding method of fundraising. According to the company, its users have raised more than 150 million dollars and supported more than 350 charities. The charities are spread across the globe. These charities are renowned non-profit organisations like UNICEF, After-School All-Stars, Julia’s House, Product Red, and Make-A-Wish Foundation.
Donations aren’t required to participate in a contest, however, they can earn additional contest entries as well as other perks. Users are able to choose the charity they want to donate to. Every contest comes with its own distinct prize, from luxury automobiles to unique experience.
Before you continue, you may want to watch this video by The Entrepreneur on YouTube that gives a quick review. Afterward, you will want to read the rest of the article for a more comprehensive review.
What is the process behind Omaze work?
Omaze Benedict Video
Omaze believes that everyone should have the chance to participate in fundraisers. Traditionally, charities relied on fundraisers where only the rich and famous were invited to. Omaze was founded to make auctions for charities with its unique fundraising model. This means everyday people can make a donation to the charity they choose starting at just $10.
Two ways to participate. You can donate, and the other is by participating for no cost. You are able to participate in any contest without donating, but you earn additional entries depending on the amount you contribute. The greater your donation is, the more prize entries you’ll get.
To make a donation, select “Enter Now” from the Experience or Prize page on the website. Choose a amount to donate and follow the instructions to fill in your details. You may donate as many times as you want. However, there is an upper limit on entries that is dependent what prize you win.
To be eligible for a free entry To enter for free, visit the Experience or Prize page on the website. Click on 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. The form can be submitted at any time you like, but again, there is a maximum Entry limit.
Omaze has been criticized about what percentage of money goes to the charity. For expensive prizes, only 10 to 15 percent of the proceeds go to charity. The company has replied with the statement that 10% still an impressive amount. The remaining donation is used to pay for operational and marketing costs to continue to run the business. The most important thing is that people are encouraged to give because of attractive prizes.
For less expensive prizes, the company reports that 60 percent of the prize is given to charities.
Donations made through the website go directly to Charities Aid Foundation America (CAF America). It’s a non-profit organization which has joined forces with Omaze in making fundraising easy secure, efficient, and safe. CAFA uses donations to fund grants for charitable organisations.
Omaze offers a wide range of incredible prizes, which they refer to as experiences. The prizes include luxurious vehicles as well as dream homes, the chance to meet your favorite celebrity and a once-in-a lifetime travel experience.
Here are a few examples of past and present prizes provided by Omaze:
- Chance to be the owner of a multimillion-dollar Miami dream house
- A vacation in Japan curated just for you
- An unforgettable safari and stay at Giraffe Manor in Kenya
- A chance to be the first to win tickets to two of the very first Virgin Galactic flights to space
- An exclusive meet and greet with Dwayne “The Rock” Johnson
- A luxurious trip to a wellness retreat in Thailand
- First-class plane tickets to anywhere in the world.
- The chance to win luxurious automobiles and other vehicles
Omaze has a constant stream of exciting new campaigns and prizes. You can check their website to see more prizes , including the prize details. You can also see previous prizes and winners. For contests that have been held previously you will also be able to see how much the charity has received.
Who started Omaze?
Omaze was created at the end of 2012 by Ryan Cummins and Matt Pohlson. The website says that they came up with the idea after attending an auction for charity. The item that was up for auction was their ideal experience which included a basketball match and dinner in the company of Magic Johnson. The bidding was so high that they were outbid. The prize ended up raising only $15,000.
The two didn’t understand why such a huge prize only raised a small amount for a good cause. They also thought that the method of fundraising was restricted to those who are wealthy. They felt that extraordinary experiences like this should not be available only to a few wealthy individuals.
So they decided to develop an entirely new method of fundraising, which would be available to a more significant variety of people.
This fundraising would be available online, so anyone could take part. People wouldn’t need a lot of funds to participate and increase participation 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 money.
Is Omaze legit?
While the business has been the subject of some criticism, it appears that they’re legitimate. As of now, they’ve raised over $100 million for charity and have awarded the prizes to the participants in accordance with their promises. Many famous celebrities have also been a part of the campaign and lobbied to the program.
Several winners have also spoken regarding the prize they won. They are also featured on their Omaze channel. Omaze Youtube channel.
Omaze is also certified with the Better Business Bureau with an A+ rating. Omaze Benedict Video
As a non-profit corporation, Omaze takes around 20% of the donations. If you wish to have all of your donations going to a non-profit. If that is the scenario, you could think about donating directly to the non-profit or charity instead. The best part with Omaze is that you have the chance to contribute while at the same time, get the chance to get a great experience. This makes it very appealing to a broader number of people. If you’re looking for unique experiences, then Omaze is a great opportunity.
Cost and Price Plans
Omaze lets you make donations for starting at just $10. When the amount of donation increases, the percentage of entries will also increase, and the value of one entry decreases. For example 150 dollars equals 2000 entries. This is 1 entry per 7 cents given. Omaze Benedict Video
Here are the donations amounts with the equivalent number of entries:
- $20 = 20 entry
- $25 = 250 entries (most well-liked option, according to the site)
- $50 = 500 entries
- 100$ = 1200 entry
- $1000 = 2000 entries
According to Omaze, their company takes about 12%- 20% of net profits. This is used to fund expenses for operations, like marketing, content creation, and payment processing fees. About 60%-80% of the funds are donated to charities.
To make it more specific Here’s the difference between non-celebrity prizes and celebrity prizes. For prizes that are awarded to celebrities that are usually more affordable, 60% of the prize goes to charity and 25% goes to Omaze. For more expensive prizes like vacations, cars or cash fifteen percent of amount goes to charity while 65%-75 percent is given to Omaze.
Omaze is currently unable to provide refunds as the money is donated to charitable causes. If you do have any concerns with your transaction You should get in touch with Customer Service as soon as possible.
Customer Service Contact Info
If you have doubts, questions, or complaints. If so, you may submit your concerns directly to their website via the Support Center and Submit a Request link. You can also find details and frequently asked questions in the Support Center.
Omaze is an online fundraising platform which allows users to make donations to charities in exchange for the chance to win exclusive prizes and experiences. Omaze is a legitimate business which has been in operation for several years now. It has helped numerous charities to achieve their goals through raising money for them. Its unique fundraising model lets everyone have the opportunity to enjoy amazing once-in-a-lifetime experiences.
Omaze is a different way to give to charities. However, it has been the subject of a lot of criticism for how much money actually goes to charity. However, it’s understandable since Omaze is a business which is a profit-making company. If your intention is to donate money to a charity and make sure all proceeds go to them, then you can donate straight to your charity. But if you’re interested in the amazing prizes offered by Omaze make sure to donate via Omaze instead. It’s a win-win since you get the chance to be the winner of a prize and also donate to a worthy cause.
FAQS Omaze Benedict Video
Where is Omaze where is it based?
Omaze is located at Los Angeles, California.
Can my tax-deductible contribution be deducted?
All Omaze donations are made through Charities Aid FoundatAmerica ion (CAFA). Because CAFA is an US charity, all donations made by US donors via the Omaze platform can be tax-deductible as long as the law allows. However, if your contribution is accompanied by an experience reward, the value of the perk will be reduced. If you give $100 and earn a perk worth $75, then your tax-deductible contribution would be $25.
Are there any Omaze scams?
While Omaze has been criticized by a lot of people on the internet as a fraud but the business is legitimate. They can raise funds for the charities involved and also award participants according to the promises. To ensure your security, just make sure to donate your money through the official Omaze website only. Check to make sure 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 greater your chance of winning, as a greater donation equals a greater number of entries. You can however take part without contributing, which qualifies you for a specific number of entries.
How can they verify a winner?
After the contest is over, a potential winner is randomly selected using an encryption-secure cryptographically secured random-number generator. After the random drawing process Omaze’s team finishes the winner confirmation process. You may view more details about the procedure on their website.
How do they contact and to announce winners?
An Omaze representative notifies the potential winner via email. The potential winner has up to 24 hours to respond to the email sent. The Omaze could contact them with an scheduled video call as well. If a winner has been confirmed and responded to their initial emails, they need to complete the form provided by the Events Team as part of the winner confirmation process.
Please note Omaze does not reach out to winners via social media, only through email.
How does Omaze earn its money?
As a for-profit organization, Omaze is able to collect 20% of net increases from their campaigns. To ensure they stay operating, this fee can be used to fund the operational expenses like advertising, content creation, and payment processing fees.