Omaze can be described as an online marketplace on which users 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, users have raised more than 150 million dollars, and have benefited more than 350 charities. These charities are located across the globe. These charities are renowned 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 enter a contest, but they do earn you extra contest entries and other perks. Users can decide what charity they would like to donate to. Every contest comes with its unique prize, from luxurious cars to once-in-a-lifetime experiences.
Before you go on, you may want to check out this video by The Entrepreneur on YouTube that gives a quick review. After, you will want to read the rest of the article for a more comprehensive review of Omaze.
What is the process behind Omaze function?
Omaze British Heart Foundation
Omaze believes that everyone should be able to take part in fundraising. In the past, charitable organizations typically relied on fundraisers where only the rich and famous were invited to. Omaze was founded to make auctions for charity through its unique fundraising method. This means everyday people can give to the charity they choose for as little as $10.
You have two options to enter. The first is through donating or taking part for no cost. You can enter any contest for free, but you earn additional entries depending on the amount you give. The more you donate is, the more prize entries you’ll get.
To donate, simply click “Enter Now” from the Experience or Prize page on the website. Choose a amount to donate and follow the instructions to provide your information. You may give as many times as you like. There is however an entry limit for each person that varies depending what prize you win.
To enter for free, go to the Experience or Prize page on the website. Click the “enter without contributing link” and follow the directions. You will need to accomplish the form. Upon submitting the form, you will be awarded a certain number of entries. You may submit the form multiple times as you’d like, however, you will be subject to a certain entry limit.
Omaze has received some criticism regarding what percentage of prize goes to the charity. For expensive prizes, only about 10-15 percent of the proceeds go to the charity. The company has stated that 10 percent is still a significant amount. The remainder of the money is used to cover the costs of marketing and operations to continue to run the business. It is important that people are encouraged to contribute due to the attractive prizes.
For prizes that are less costly, the company reports that 60% of the money is given to charities.
Donations made through the website 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 makes use of donations to pay grants to charitable organisations.
Omaze offers a wide range of incredible prizes, which they refer to as experiences. The prizes include luxury cars, dream homes, the chance to meet your favourite celebrity, or a once-in-a-lifetime journey.
Here are a few examples of the previous and present prizes offered by Omaze:
- Chance to win the multimillion-dollar Miami dream house
- A trip to Japan curated just for you
- An unforgettable safari as well as a stay at Giraffe Manor in Kenya
- An opportunity to get two seats on one of the very first Virgin Galactic flights to space
- An exclusive meet and greet for Dwayne “The Rock” Johnson
- A luxury trip to a wellness resort in Thailand
- First-class plane tickets to anywhere in the world
- A chance to win luxury vehicles and other vehicles
Omaze offers constantly new campaigns and enticing prizes. You can check their website for more prizes with the details. Also, you can view previous prizes as well as the winners. For contests that have been held previously, you can also see the amount the charity has received.
Who came up with Omaze?
Omaze was launched on the 12th of December 2012, by Ryan Cummins and Matt Pohlson. The website says that they got the idea after they attended a charity auction. The item up for bidding was their ideal experience including a basketball game as well as 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 couldn’t figure out the reason why a prize of this magnitude only raised a small amount for a great cause. They also believed that this method of fundraising was restricted to those who are wealthy. They thought that incredible experiences such as this shouldn’t be accessible only to a small number of wealthy individuals.
They decided to create a new kind of fundraising that could be accessible to a significant variety of people.
The fundraising will be accessible online, so everyone could take part. It wouldn’t take much money to enter this event, which could increase participation and to raise money for the charity.
They think that charities can feel more confident about marketing themselves through the platform, since it’s an important cause. Their platform allows charities to connect with a wider audience in an attractive way to raise money.
Is Omaze legit?
While the business has been the subject of some criticism, it seems that they’re actually legitimate. So far, they have raised over $100 million for charity and have awarded the prizes to the participants in accordance with their promises. Numerous famous personalities have also supported and advocated to the program.
Several winners have also spoken regarding the prize they have won. Some are also featured on their Omaze channel. Omaze Youtube channel.
Omaze is also certified by the Better Business Bureau with an A+ rating. Omaze British Heart Foundation
Because it’s a not-for-profit company, Omaze takes around 20 percent of donations. Suppose you want 100% of your donations to go to the non-profit. In this situation, you may think about donating direct to the nonprofit organization or charity instead. However, the fun part of Omaze is the fact that it allows you to are able to do something positive and, at the same time, get the chance to get a great experience. This makes it appealing to a larger number of people. If you’re seeking unique experiences, then Omaze is an excellent opportunity.
Cost and Price Plans
Omaze allows you to donate as low as $10. When the amount of donation increases, the percentage of entries increases and the equivalent for 1 entry decreases. For example $150 is equal to 2000 entries, which is 1 entry per 7 cents given. Omaze British Heart Foundation
Here are the donations amounts in the same amount, with the equivalent number of entries:
- $10 = 20 entries
- $25 = $25 = 125 entries (most sought-after option according to the website)
- $50 = 500 entries
- $100 = 1,200 entries
- 150 = 2000 entry
According to Omaze the company, they take approximately 12% to 20% of net funds. These funds are used to pay for operating expenses, including advertising, content creation and payment processing fees. About 60%-80% of the funds go to charity.
For a more precise understanding This is how it differs between non-celebrity prizes and celebrity prizes. For the prizes of celebrities which are generally less expensive sixty percent of money goes to the charity, while 25 percent goes to Omaze. For higher-end prizes, like vacations, cars, or cash, 15percent of donation goes to charity and 65% to 75 percent goes to Omaze.
Omaze is currently unable to offer refunds since donations are made to charitable causes. However, if you encounter any questions about your transactions it is recommended to contact Customer Service as soon as possible.
Customer Service Contact Info
Suppose you have any queries, issues, or complaints. In this case you can submit them 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 in the Support Center.
Omaze can be described as an internet-based platform for fundraising that lets people donate to charitable organizations in exchange for the chance to win exclusive prizes and experiences. It’s a legitimate organization that has been operating for a number of years. It has helped various charities to achieve their goals through raising funds for them. Its unique fundraising model gives everyone 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 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 company. If your goal is to donate money to an organization and ensure that 100% goes to them, then you can donate direct to charity. If you’re interested in one of Omaze’s amazing prizes you can donate to Omaze instead. It’s a win-win since you can win prizes while also contributing to a great cause.
FAQS Omaze British Heart Foundation
Where is Omaze based?
Omaze is headquartered at Los Angeles, California.
Is my contribution tax-deductible?
All Omaze donations are made through Charities Aid FoundatAmerica ion (CAFA). Since CAFA is a US charity and all donations made by US donors through the Omaze platform are tax-deductible to the extent the law permits. However, if your donation comes with an experience-based perk then the value of the perk will be subtracted. For example, if you make a donation of $100 and receive an experience worth 75 dollars, the tax-deductible contribution is $25.
Is there any Omaze scams?
Although Omaze has been criticized by a lot of people on the internet as a scam, the company is totally legitimate. They are able to raise funds to benefit the organizations involved and reward participants in accordance with their promises. To protect yourself be sure to give your money to the Omaze official Omaze site only. Verify if the website is genuine or not prior to donating your money.
What are the odds of winning?
The more you contribute, the higher your chances of winning since a higher donation equals a more significant number of entries. You can however enter without contributing and still be eligible for a specific amount of entries.
What is the process to confirm the winner?
When the contest has ended, a potential winner is randomly chosen using an encryption-secure cryptographically secured random number generator. Following the random drawing process, the Omaze team completes the confirmation of the winner. You may view more details about the procedure on their website.
How do they contact and the winners?
An Omaze representative notifies potential winners via email. The potential winner has up to 24 hours to reply to the email sent. The Omaze can contact them with an scheduled video call as well. After a winner is responded to and confirmed the initial email, they need to sign paperwork sent to them from the Events Team as part of the winner confirmation process.
Do 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 collects 20% of net raises generated by their campaigns. To ensure that they are operating the fee is used to cover the operational expenses like advertising, content creation and payment processing fees.