Omaze is an online platform that allows users can give to charities and get a chance to win various prizes and experiences. It’s a unique crowdfunding method for raising funds. As per the website, its users have raised more than 150 million dollars, and have benefited more than 350 charities. They have charities all over the world. These charities are renowned non-profit organizations 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, but they earn extra contest entries as well as other perks. Users are able to choose the cause they’d like to contribute to. Every contest comes with its special prize, ranging from luxury cars to once-in-a-lifetime experience.
Before you continue, you may want to check out this video by The Entrepreneur on YouTube that gives a quick review. After, you’ll want to read the rest of the article for a more comprehensive review of Omaze.
How does Omaze function?
Omaze believes that every person deserves the opportunity to participate in fundraisers. Traditionally, charitable organizations usually relied on fundraisers where only the rich and famous could attend. Omaze wanted to democratize auctions for charities with its unique fundraising model. It allows everyday citizens to give to the charity of their choice starting at just $10.
You have two options to enter. One is by donating, while the other option is taking part for free. It is possible to enter any contest without donating and you’ll earn extra entries based on the amount you donate. The more you donate, the more prizes you’ll win.
To donate, simply select “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 are able to make donations as often as you’d like. But, there is an entry limit for each person that varies depending on the prize.
To enter for free, go to the Experience or Prize page on the website. Select the “enter without contributing link” and follow the directions. You’ll be required to complete a form. Upon submitting the form, you will receive a specific amount of entries. You can submit the form multiple times as you like, but again you will be subject to a certain entry limit.
Omaze has faced criticism regarding its contribution to charity. prize is actually going to charity. For the most expensive prizes, only about 10-15 percent of the proceeds go to the charity. The company has stated that 10 percent is an impressive amount. The remainder of the money is used to cover expenses for marketing and operational costs to keep them running. The most important thing is that people are enticed to contribute due to the attractive prizes.
For prizes with lower costs The company says that 60% of the money goes to charity.
Donations made through the site directly go into Charities Aid Foundation America (CAF America). It’s a nonprofit organization which has joined forces with Omaze in making fundraising easy, safe, and effective. CAFA uses donations to fund grants for charitable organisations.
Omaze provides a range of incredible prizes, which they refer to as Experiences. These prizes include luxurious cars, dream homes, a opportunity to get to know your favorite celebrity and a once-in-a lifetime travel experience.
Here are a few examples of past and current prizes offered by Omaze:
- A chance to win the multimillion-dollar Miami dream home
- A vacation in Japan curated just for you
- A memorable safari experience with a luxurious stay in Giraffe Manor in Kenya
- The chance to win 2 seats for one of the very first Virgin Galactic flights to space
- Private meet and greet for Dwayne “The Rock” Johnson
- A luxury trip to a spa resort in Thailand
- First-class plane tickets to anywhere 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 view additional prizes and details. You can also see previous prizes as well as the winners. For previous contests, you can also see how much the charity has received.
Who came up with Omaze?
Omaze was founded on the 12th of December 2012, by Ryan Cummins and Matt Pohlson. As per the site, they got the idea when they went to an auction benefitting charity. The item up for bidding was their ideal trip: a basketball game and dining 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 couldn’t figure out the reason why a prize of this magnitude only raised a tiny amount to support a worthy cause. They also believed that this fundraiser was only available to rich people only. They felt that extraordinary events like this should not be available only to a few wealthy people.
They decided to create a new kind of fundraising that would be accessible to a significant amount of people.
This fundraiser would be made available online, so anyone could take part. Participants wouldn’t require a lot of money to enter, which would increase participation and raise more funds in support of the organization.
They think that charities ought to feel more comfortable advertising themselves on the platform, since it’s a great cause. The platform lets charities reach out to a broader market in a way that is appealing to raise money.
Is Omaze legitimate?
While the company has faced some criticism, they appear that they’re actually legitimate. So far, they have raised more than $100 million for charity , and have distributed the prizes promised to participants. A lot of big-name celebrities have also endorsed and advocated on behalf of the organization.
Several winners have also spoken about the prizes they received. They also have a video on their Official Omaze Youtube channel.
Omaze is also certified with The Better Business Bureau with an A+ rating. Omaze/Dream Home
Since it’s a for-profit organization, Omaze takes around 20% of the donations. Imagine you want all of your donations going to a non-profit. If that is the scenario, you could consider donating straight to the charity or charity instead. But the best thing about Omaze is that you get to contribute while in the process you can receive a wonderful experience. This makes it a great attraction to a wider range 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 donate for as low as $10. When the amount of donation increases, the number of entries increases and the equivalent for 1 entry decreases. For example 150 dollars equals 2000 entries, which means 1 entry per 7 cents given. Omaze/Dream Home
Here are the donation amounts in the same amount, with the equivalent quantity of entries
- $10 = 20 entries
- $25 = 250 entries (most popular option according to the site)
- $500 = $50 entries
- $100 = 1,200 entries
- $150 = 2000 entries
According to Omaze their business, it takes about 12%- 20% of net profits. The money is used to cover operational costs, such as advertising, content creation and processing fees. About 60%-80% of the funds are donated to charities.
To be more precise, here’s how it differs between non-celebrity prizes and celebrity prizes. For prizes that are awarded to celebrities which are generally more affordable, sixty percent of donation goes to charity and 25 percent is given to Omaze. For prizes that are more costly, such as cars, vacations, or cash 15% of the amount goes to charity and 65% to 75% goes to Omaze.
Omaze is currently unable to provide refunds as donations are made to charitable causes. However, if you have any issues about your transactions You should get in touch with Customer Service as soon as possible.
Customer Service Contact Info
If you have any concerns, queries, issues, or complaints. In that case, you may submit them directly to their website through their Support Center and Submit a Request link. You can also access information and answers to frequently asked questions at the Support Center.
Omaze can be described as an internet-based fundraising platform that allows people to donate to charitable organizations in exchange for the chance to win unique prizes as well as experiences. It’s a legitimate company that has been operating for several years now. It has assisted numerous charities achieve their goals by raising funds for them. Its unique fundraising model lets everyone have the opportunity to experience unforgettable experiences that will last a lifetime.
Omaze is a new method to give to charities. However, it’s been the subject of a lot of critiques regarding how much actually goes to charity. But, this is understandable as Omaze is a business which is a profit-making company. If your goal is to just donate money to a charity and make sure that the entire amount goes to them, you could donate direct to charity. However, if you’re looking to win the amazing prizes offered by Omaze make sure to donate via Omaze instead. It’s a win-win situation since you have the chance to win prizes while also contributing to a worthy cause.
FAQS Omaze/Dream Home
Where is Omaze based?
Omaze is headquartered in Los Angeles, California.
Does my contribution count as tax-deductible?
All Omaze donations are made through Charities Aid FoundatAmerica ion (CAFA). Because CAFA is an US charity that accepts donations from 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 perk, the value of the experience perk will be deducted. So if you donate $100 and receive an experience worth $75, your tax-deductible contribution will be $25.
Do you know of any Omaze scams?
Even though Omaze has been criticized by a lot of people on the internet as a scam but the business is legitimate. They are able to raise funds for the charities involved and reward participants in accordance with their promises. To ensure your safety ensure that you give your money to the authentic Omaze web site. Double-check to see if the website is genuine or not prior to making a donation of your money.
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 take part without contributing and still be eligible for a specific amount of entries.
How do they confirm the winner?
After the contest is over after the contest has ended, a winner could be randomly drawn via an encryption-secure cryptographically secured random-number generator. Following the random drawing process, the Omaze team completes the winner confirmation process. More information about the procedure on their website.
How can they get in touch with them? the winners?
An Omaze representative notifies potential winners via email. The winner is given 24 hours to respond to the initial email. The Omaze may follow up with a scheduled video call as well. After a winner is responded to and confirmed an initial message, they will need to sign paperwork sent to them from The Events Team as part of the confirmation process for winners.
Note that Omaze will never contact the winners through social media. Instead, it will contact them by email.
How does Omaze earn its money?
Omaze is a non-profit company. Omaze receives a 20% fee on net raises generated by their campaigns. To ensure that they are functioning, this fee is used to cover the operational expenses like advertising, content creation and processing fees.