Omaze offers an online service on which users can make donations to charities and have the chance to get various prizes and experience. It’s a unique crowdfunding approach to raising funds. As per the website, users have raised more than 150 million dollars and supported over 350 charities. They have charities all over the world. They are the most reputable non-profit organizations such as UNICEF, After-School All-Stars, Julia’s House, Product Red, and Make-A-Wish Foundation.
Donations aren’t required to participate in a contest, but they do earn you extra contest entries, as well as other benefits. Users can decide what charity they want to donate to. Every contest comes with its distinct prize, from luxury cars to unforgettable 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 our article for a more comprehensive review of Omaze.
How does Omaze function?
Omaze Company (Private)
Omaze believes that every person deserves the opportunity to take part in fundraising. Traditionally, charitable organizations usually depended on fundraising events where only the wealthy and famous attended. Omaze set out to open up charity auctions through its unique fundraising model. This means everyday people can donate 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. You can enter any contest without donating however you will earn extra entries based on the amount you give. The greater your donation will result in more prizes you’ll win.
To make a donation, go to “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 are able to give as many times as you’d like. There is however a maximum Entry limit 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. Select the “enter without contributing link” and follow the steps. You’ll be required to complete the form. Upon submitting the form, you will receive a specific number of entries. The form can be submitted as many times as you like, but again the form has a limit on entries. Entry limit.
Omaze has been criticized regarding what percentage of money goes to the charity. In the case of expensive prizes, 10 to 15 percent of the money is donated to the charity. The company has stated that 10 percent is still an impressive amount. The remainder of the money is used to cover operational and marketing costs to continue to run the business. It is important that people are enticed to contribute due to the attractive prizes.
For prizes that are less costly, the company reports that 60 percent of the prize goes to charity.
Donations made through the site are directly donated into 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 to charitable organisations.
Omaze offers a variety of amazing prizes, which they call Experiences. These prizes include luxurious cars, dream homes, a possibility to see your favorite celeb and a once-in-a lifetime trip.
Here are a few examples of the previous and current prizes that are offered by Omaze:
- Chance to take home the multimillion-dollar Miami dream house
- A vacation in Japan curated just for you
- An unforgettable safari and stay at Giraffe Manor in Kenya
- An opportunity to be the first to win 2 seats for one of the very first Virgin Galactic flights to space
- A private meet and greet for Dwayne “The Rock” Johnson
- A luxurious trip to a spa resort in Thailand
- First-class plane tickets to anywhere in the world.
- A chance to win luxury cars and a variety of other vehicles
Omaze is constantly offering exciting new campaigns and prizes. Check their website to view more prizes , including the prize details. Also, you can view previous prizes and the winners. For previous contests you can also view the amount the charity received.
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Who came up with Omaze?
Omaze was launched in 2012 by Ryan Cummins and Matt Pohlson. As per the site, they came up with the idea after they attended a charity auction. The item that was up for auction was their ideal trip which included a basketball match and meal in the company of Magic Johnson. The bidding was so high that they were outbid. The prize was just $15,000.
They couldn’t comprehend why such a huge prize only raised a small amount for a good cause. They also believed that this fundraising model was limited to rich people only. They believed that amazing experiences like this should not be available only to a few wealthy individuals.
So they decided to develop a new kind of fundraising, which would be available to a more significant number of people.
This fundraiser would be made available online, so anyone could take part. Participants wouldn’t require a lot of funds to participate this event, which could encourage more participants and help to raise money to support the cause.
They also think that charities can feel more confident about advertising themselves on the platform, since it’s a great cause. The platform lets charities communicate with a larger market in a way that is appealing to raise funds.
Is Omaze real?
While the business has been the subject of some criticism, it appears that they’re legitimate. So far, they have raised more than 100 million dollars for charity and have awarded the prizes promised to participants. Many famous celebrities have also endorsed and advocated for the platform.
Several winners have also spoken regarding the prize they received. They are also featured on their official Omaze Youtube channel.
Omaze is also certified as a member of The Better Business Bureau with an A+ rating. Omaze Company (Private)
Since it’s a for-profit organization, Omaze takes around 20 percent of donations. If you wish to have all your contributions going to a non-profit. If that is the situation, you may think about donating straight to the charity organization or charity instead. But the best thing with Omaze is that you are able to do something positive while in the process you can be awarded a fantastic experience. This makes it a great attraction to a wider range of people. If you’re looking for unique experiences, then Omaze is an excellent opportunity.
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Cost and Price Plans
Omaze lets you donate for just $10. If the amount you donate increases, the percentage of entries will also increase, and the amount equivalent to 1 entry decreases. For example 150 dollars equals 2000 entries. This is 1 entry for every 7 cents given. Omaze Company (Private)
Here are the donations amounts with the equivalent amount of entry entries
- $10 = 20 entries
- $25 = $25 = 125 entries (most well-liked option, according to the website)
- $50 = 500 entries
- $100 = 1,200 entries
- $150 = 2000 entries
According to Omaze their business, it takes around 12%-20% of the net profits. This is used to cover operational costs, such as advertising, content creation and payment processing fees. A majority of the funds go to charity.
To make it more specific Here’s the difference between celebrity prizes and non-celebrity prizes. For prizes that are awarded to celebrities that are usually cheaper sixty percent of donation goes to the charity and 25 percent is given to Omaze. For higher-end prizes, like automobiles, vacations or cash 15percent of amount goes to charity and 65% to 75 percent is given to Omaze.
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Omaze currently doesn’t offer refunds since donations are made to charitable causes. However, if you encounter any questions with your transaction, you should contact Customer Service as soon as possible.
Customer Service Contact Info
Suppose you have any queries, issues or concerns. In this case, you may submit them directly to their site via their Support Center and Submit a Request link. There is also a wealth of information and find frequently asked questions in the Support Center.
Omaze is an online platform for fundraising which allows users to make donations to charitable organizations in exchange for the chance to win unique prizes and experience. It’s a legitimate company that has been operating for several years now. It has helped numerous charities reach their goals by raising funds for them. Its unique fundraising strategy gives everyone the opportunity to experience amazing once-in-a-lifetime experiences.
Omaze is a different method to donate to charity. It has however, received a lot of criticism for how much money actually is donated to charities. But, this is understandable as Omaze is a business, so it’s a for-profit organization. If you’re looking to simply donate to a charity and make sure that the entire amount goes to them, you could donate directly to the charity instead. But if you’re interested in one of Omaze’s fabulous prizes make sure to donate via Omaze instead. You get the chance to win prizes while also contributing to a great cause.
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FAQS Omaze Company (Private)
Where is Omaze where is it based?
Omaze is located at Los Angeles, California.
Can my tax-deductible contribution be deducted?
All Omaze donations go through Charities Aid FoundatAmerica ion (CAFA). Since CAFA is an US charity that accepts donations from US donors using the Omaze platform are tax-deductible in the amount the law allows. However, if your donation comes with an experience perk then the value of the experience perk will be deducted. For example, if you make a donation of $100 and receive an experience worth $75, then your tax-deductible contribution would be $25.
Do you know of any Omaze frauds?
Even though Omaze is being criticized by numerous people online as a fraud however, the company is completely legitimate. They are able to raise funds to benefit the organizations involved and also award participants according to the promises. To protect yourself, just make sure to make your donation through the Omaze official Omaze website only. Double-check to see if the website is fake or not before donating your money.
What are the odds of winning?
The more you give the more likely you are of winning because a larger donation equals a more significant number of entries. But, you are able to participate without contributing money and still be eligible for a certain amount of entries.
How can they verify the winner?
When the contest has ended, a potential winner is randomly selected using an encryption-secure cryptographically secured random number generator. After the random draw process, the Omaze team completes the winner confirmation process. There are more details on the process on their website.
How do they reach them and announce winners?
An Omaze representative informs potential winners via email. The potential winner has up to 24 hours to reply to the email sent. The Omaze could contact them with an scheduled video conference, too. Once a potential winner has responded to and confirmed the initial email, they need to complete the form provided from an Events Team as part of the winner confirmation process.
Note that Omaze will never contact the winners through social media. Instead, it will contact them by email.
How does Omaze make money?
As a not-for-profit entity, Omaze collects 20% of net increases from their campaigns. To keep them functioning this amount is used to cover operating expenses, including advertising, content creation and processing fees for payments.