Omaze offers an online service on which users can make donations to charities and also win various prizes and experiences. It’s a unique method for raising funds. As per the website, users have raised more than 150 million dollars and supported over 350 charitable organizations. They have charities across the globe. These charities are renowned non-profit organizations like UNICEF, After-School All-Stars, Julia’s House, Product Red, along with Make-A-Wish Foundation.
Donations aren’t necessary 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 would like to donate to. Each contest has its own unique prize, from luxurious cars to once-in-a-lifetime experiences.
Before you continue, you may want to check out this video by The Entrepreneur on YouTube that gives a quick overview. Afterward, you will want to read the rest of the article for a more comprehensive review.
How does Omaze function?
Omaze Coolest Contests
Omaze believes that every person should be able to participate in fundraisers. Traditionally, charities relied on fundraisers where only the famous and wealthy were invited to. Omaze set out to open up auctions for charities with its unique fundraising model. This means that everyday people can make a donation to the charity they choose for as little as $10.
Two ways to enter. You can donate, or entering for free. You can enter any contest with no donation and you’ll earn extra entries based on how much you donate. The higher your donation is, the more prizes you’ll win.
To donate, go to “Enter Now” from the Experience or Prize page on the website. Choose a amount to donate and follow the steps to enter your personal information. You can donate as many times as you like. There is however an entry limit for each person that varies depending what prize you win.
To be eligible for a free entry visit the Experience or Prize page on the website. Select 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. 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 over how much of the money goes to the charity. For expensive prizes, only around 10-15 percent of the money is donated to the charity. The company has replied that 10 percent is a significant amount. The remainder of the money will be used to pay expenses for marketing and operational costs to continue to run the business. The most important thing is that people are motivated to donate because of the attractive prizes.
For less expensive prizes The company says that 60 percent of the donation is given to charities.
Donations made on the site go directly towards Charities Aid Foundation America (CAF America). It’s a non-profit organization that has partnered with Omaze to make fundraising simple secure, efficient, and safe. CAFA uses donations to fund grants to charitable organisations.
Omaze Prizes
Omaze offers a wide range of amazing prizes, which they call Experiences. These prizes include luxurious cars, dream homes, the opportunity to get to know your favorite celebrity and a once-in-a lifetime journey.
Here are a few examples of the past and current prizes that are offered by Omaze:
- Chance to win the multimillion-dollar Miami dream house
- A vacation in Japan specifically designed for you
- An unforgettable safari and stay at Giraffe Manor in Kenya
- A chance to be the first to win two seats on one of the first Virgin Galactic flights to space
- An exclusive meet and meet and greet for Dwayne “The Rock” Johnson
- A luxurious vacation to a wellness retreat in Thailand
- First class plane tickets to any destination in the world
- The chance to win luxurious cars and a variety of other vehicles
Omaze is constantly offering new campaigns and enticing prizes. Check their website to see more prizes with the details. Also, you can view previous prizes and the winners. For previous contests, you can also see the amount the charity received.
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Who was the person who started Omaze?
Omaze was launched on the 12th of December 2012, in 2012 by Ryan Cummins and Matt Pohlson. According to the website, they got the idea after attending an auction for charity. The auction item was their dream experience: a basketball game and dinner with Magic Johnson. However, the bidding went so high that they were outbid. The prize raised just $15,000.
The two didn’t understand the reason why a prize of this magnitude only brought in a small amount for a great cause. They also believed that this fundraising model was limited to rich people only. 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 accessible to a substantial number of people.
This fundraiser would be made available online, so everyone could take part. Participants wouldn’t require much cash to participate, which would increase participation and raise more money to support the cause.
They also think that charities can feel more confident about advertising on this platform because it’s an excellent cause. The platform lets charities communicate with a larger audience in an attractive way to raise funds.
Is Omaze legit?
Although the company has received some criticism, it appears that they’re actually legitimate. So far, they have collected more than 100 million dollars for charity and have awarded the prizes to participants as promised. Many famous celebrities have also supported and advocated on behalf of the organization.
Several winners have also spoken about the prizes they have won. They also have a video on their Official Omaze Youtube channel.
Omaze is also certified as a member of the Better Business Bureau with an A+ rating. Omaze Coolest Contests
Because it’s a not-for-profit company, Omaze takes around 20 percent of donations. Imagine you want all your contributions going to a non-profit. In that case, you might consider donating direct to the nonprofit or charity instead. However, the fun part about Omaze is the fact that it allows you to get to contribute and at the same time you can receive a wonderful experience. This makes it very appealing to a wider range of people. If you’re seeking unique experiences, then Omaze is a fantastic opportunity.
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Cost and Price Plans
Omaze lets you donate for just $10. When the amount of donation increases, the percentage of entries also increases, and the amount equivalent to 1 entry decreases. For instance 150 dollars equals 2000 entries, which is one entry for every seven cents given. Omaze Coolest Contests
Here are the amounts for donations in the same amount, with the equivalent quantity of entries
- $20 = 20 entry
- $25 = $25 = 125 entries (most popular option according to the website)
- $500 = $50 entries
- $100 = 1,200 entries
- $150 = 2000 entries
According to Omaze, their company takes around 12%-20% of the net profits. The money is used to pay for operating expenses, including advertising, content creation, and processing fees for payments. About 60%-80% of the funds are donated to charities.
To be more precise Here’s the difference between non-celebrity prizes and celebrity prizes. For celebrity prizes that are usually more affordable, 60% of the money is given to charities, while 25% goes to Omaze. For prizes that are more costly, such as cars, vacations, or cash, 15% of the money goes to charity while 65%-75 percent goes to Omaze.
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Refund Policy
Omaze currently doesn’t provide refunds as the money is donated to charitable causes. If you do have any issues about your transactions it is recommended to contact Customer Service as soon as possible.
Customer Service Contact Info
Suppose you have any doubts, questions or issues. If so, you may submit your concerns directly to their website via the Support Center and Submit a Request link. You can also access information and find frequently asked questions at the Support Center.
Conclusion
Omaze can be described as an internet-based platform for fundraising which allows users to make donations to charities with the possibility to win exclusive prizes and experience. It’s a legitimate company that has been operating for several years now. It has helped various charities to achieve their goals through making donations for them. Its unique fundraising model lets everyone have the chance to gain unforgettable experiences that will last a lifetime.
Omaze is a new method to donate to charities. However, it’s received critiques regarding how much actually is donated to charities. It’s understandable, since Omaze is a business which is a profit-making organization. If your goal is to just donate money to an organization and ensure that all proceeds go to them, then donate direct to charity. However, if you’re looking to win one of Omaze’s amazing prizes, then donate through Omaze instead. It’s a win-win situation since you have the chance to win a prize while donating to a great cause.
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FAQS Omaze Coolest Contests
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Where is Omaze based?
Omaze is based at Los Angeles, California.
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Can my tax-deductible contribution be deducted?
All Omaze donations go to Charities Aid FoundatAmerica ion (CAFA). Because CAFA is a US charity and all donations made by US donors through Omaze are tax-deductible. Omaze platform can be tax-deductible as long as the law permits. However, if your contribution comes with an experience perk then the value of the perk will be subtracted. For example, if you make a donation of $100 and earn a perk worth $75, your tax-deductible contribution would be $25.
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Are there any Omaze scams?
Although Omaze has been criticized by a lot of people on the internet as a scam, the company is totally legit. It can raise money for charities and reward participants in accordance with their promises. To ensure your safety, just make sure to donate your money through Omaze’s Omaze official Omaze site only. Check to make sure the website is fake or not prior to donating your money.
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What are the odds of winning?
The more you donate, the higher your chances of winning since a higher donation equals a greater number of entries. However, you can still participate without contributing money, which qualifies you for a certain number of entries.
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How do they confirm the winner?
After the contest is over the winner will be randomly selected using an encryption-secure cryptographically secured random number generator. After the random draw process, the Omaze team completes the process of confirming winners. More details about the process at their site.
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How do they reach them and to announce winners?
An Omaze representative notifies the winner of the contest via email. The potential winner has 24 hours to reply to the initial email. The Omaze can contact them with an planned video conference, too. If a winner has confirmed and replied to the initial email, they must sign paperwork sent to them through an Events Team as part of the winner confirmation process.
Note Omaze does not contact winners via social media. Instead, it will contact them by email.
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How does Omaze earn its money?
As a not-for-profit entity, Omaze is able to collect 20% of net raises from their campaigns. To ensure they stay functioning, this fee is used to cover operational costs, such as advertisements, content creation, and processing fees for payments.
