Omaze can be described as an online marketplace that allows users can donate to charitable causes and also get various prizes and experience. It’s an innovative approach to raising money. According to the company, the users have raised more than 150 million dollars, and have benefited over 350 charities. The charities are spread across the globe. They are the most reputable non-profit organizations like UNICEF, After-School All-Stars, Julia’s House, Product Red, along with Make-A-Wish Foundation.
Donations are not required to be entered into a contest but they earn extra contest entries, as well as other benefits. Users can decide what charity they want to donate to. Every contest comes with its special prize, ranging from luxury 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 review. Afterward, you’ll want to read the rest of the article for a more comprehensive review of Omaze.
What is the process behind Omaze function?
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Omaze believes that every person should be able to be a part of fundraising. Traditionally, charities depended on fundraising events where only the rich and famous attended. Omaze was founded to make auctions for charities with its unique fundraising model. It allows everyday citizens to make a donation to the charity of their choice starting at just $10.
You have two options to participate. The first is through donating while the other option is entering for no cost. You can enter any contest without donating, but you earn additional entries based on the amount you give. The higher your donation will result in more prizes you’ll win.
To donate, simply select “Enter Now” from the Experience or Prize page on the website. Then choose a donation amount and follow the directions to enter your personal information. 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 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 an online form. Upon submitting the form, you will receive a specific number of entries. The form can be submitted multiple times as you’d like, however, there is a maximum entry limit.
Omaze has been criticized over what percentage of prize goes to the charity. For expensive prizes, only about 10-15 percent of the donation goes to the charity. The company has stated that 10 percent is still an amount that is significant. The rest of the donation is used to pay for expenses for marketing and operational costs to ensure that they are running. The most important thing is that people are encouraged to give because of attractive prizes.
For less expensive prizes, the company reports that 60% of the money is given to charities.
Donations made through the website directly go 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 utilizes donations to help fund grants to charitable organizations.
Omaze provides a range of amazing prizes, which they refer to as experiences. The prizes include luxurious vehicles and dream homes, the possibility to see your favourite celebrity and a once-in-a lifetime journey.
Here are a few examples of past and current prizes offered by Omaze:
- The chance to be the owner of a multimillion-dollar Miami dream house
- A trip to Japan curated just for you
- An unforgettable safari with a luxurious stay in Giraffe Manor in Kenya
- A chance to win two seats on one of the first Virgin Galactic flights to space
- A private meet and meet and greet with Dwayne “The Rock” Johnson
- A luxurious vacation to a spa resort in Thailand
- First-class plane tickets to anywhere in the world.
- The chance to win luxurious automobiles and other vehicles
Omaze offers constantly exciting new campaigns and prizes. Visit their website to see more prizes with the details. You can also see previous prizes as well as the winners. For contests that have been held previously you will also be able to see how much the charity received.
Who was the person who started Omaze?
Omaze was launched at the end of 2012 in 2012 by Ryan Cummins and Matt Pohlson. According to the website, they had the idea after they attended an auction for charity. The auction item was their ideal experience including a basketball game as well as dining 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 the reason why a prize of this magnitude only brought in a small amount for a great cause. They also believed that this fundraiser was only available to wealthy people only. They thought that incredible experiences such as this shouldn’t be accessible only to a small number of wealthy individuals.
So they decided to develop an innovative method of fundraising that could be accessible to a significant amount of people.
The fundraising will be accessible on the internet, which means that everyone can participate. People wouldn’t need a lot of funds to participate this event, which could make it easier for more people to participate and raise more money in support of the organization.
They believe that charitable organizations should feel better about advertising on the platform, since it’s an important cause. The platform lets charities reach out to a broader public in a more appealing way to raise funds.
Is Omaze real?
While the company has faced some criticism, it appears that they are indeed legitimate. As of now, they’ve raised more than $100 million for charity and have given out prizes promised to participants. Numerous famous personalities have also supported and advocated for the platform.
A number of winners have also talked about the prizes they have received. They also have a video on their official Omaze Youtube channel.
Omaze is also accredited by The Better Business Bureau with an A+ rating. Omaze E Type
As a non-profit corporation, Omaze takes around 20% of the donations. Imagine you want all your contributions going to a non-profit. In this case, you might decide to donate directly to the non-profit or charity instead. The best part with Omaze is that you have the chance to make a difference while simultaneously you can be awarded a fantastic experience. This makes it very appealing to a larger number of people. If you’re looking for unique experiences Then Omaze is an excellent opportunity.
Cost and Price Plans
Omaze lets you make donations for starting at just $10. As the donation amount increases, the proportion of entries increases and the amount equivalent to 1 entry decreases. For example $150 is equal to 2000 entries. This is one entry for every seven cents given. Omaze E Type
Here are the donation amounts in the same amount, with the equivalent amount of entry entries
- $10 = 20 entries
- $25 = 250 entries (most sought-after option according to the site)
- $500 = $50 entries
- $100 = 1,200 entries
- $150 = 2000 entries
According to Omaze the company, they take about 12%- 20% of net profits. These funds are used to cover operating expenses, including marketing, content creation, and payment processing fees. Around 60%-70% of funds are donated to charities.
To be more precise This is how it differs between celebrity prizes and non-celebrity prizes. For celebrity prizes, which are typically cheaper sixty percent of money goes to the charity and 25% goes to Omaze. For more expensive prizes like cars, vacations or cash, fifteen percent of amount goes to charity while 65%-75% goes to Omaze.
Omaze currently does not provide refunds as the donations are for charitable causes. However, if you have any questions regarding your transactions You should get in touch with Customer Service as soon as possible.
Customer Service Contact Info
If you have questions, concerns, or complaints. If so you can send them directly to their site via using the Support Center and Submit a Request link. There is also a wealth of information and find frequently asked questions on the Support Center.
Omaze is an online fundraising platform that lets people donate to charities in exchange for the chance to win unique prizes and experience. It’s a legitimate company that has been running for several years now. It has helped numerous charities to achieve their goals through raising money for them. Its unique fundraising model allows everyone to have the chance to gain amazing once-in-a-lifetime experiences.
Omaze is a new method to donate to charity. It has however, received a lot of criticism over how much of the money actually is donated to charities. However, it’s understandable since Omaze is a business and is a non-profit organization. If your goal is to simply donate to a charity and make sure all proceeds go to them, then donate direct to charity. If you’re interested in one of Omaze’s amazing prizes make sure to donate via Omaze instead. It’s a win-win situation since you get the chance to win prizes while also contributing to a great cause.
FAQS Omaze E Type
Where is Omaze located?
Omaze is based in Los Angeles, California.
Does my contribution count as tax-deductible?
All Omaze donations go to Charities Aid FoundatAmerica ion (CAFA). Since CAFA is an US charity and all donations made by US donors through the Omaze platform can be tax-deductible as long as the law allows. However, if your donation is accompanied by an experience perk that is worth more than the perk will be reduced. For example, if you make a donation of $100 and get a perk worth $75, your tax-deductible contribution is $25.
Is there any Omaze frauds?
While Omaze has been criticized by numerous people online as a scam but the business is legit. They are able to raise funds to benefit the organizations involved and reward participants in accordance with their promises. To ensure your safety be sure to give your money to Omaze’s official Omaze website only. Check to make sure the website is genuine or not before donating your money.
What are the odds of winning?
The more you give the more likely you are of winning since a higher donation equals a more significant amount of entries. But, you are able to enter without contributing to qualify for a specific amount of entries.
What is the process to confirm a winner?
After the contest is over after the contest has ended, a winner could be randomly drawn via a cryptographically secure randomly generated number generator. After the random drawing process Omaze’s team will complete the process of confirming winners. There are more details about the process through their official website.
How can they get in touch with them? to announce winners?
An Omaze representative will notify the potential winner via email. The winner is given 24 hours to respond to the email sent. The Omaze could follow up with a scheduled video call as well. If a winner has responded to and confirmed their initial emails, they will need to accept the paperwork provided to them through the Events Team as part of the process of confirming the winner.
Note Omaze won’t reach out to winners via social media. It will only contact them via email.
How does Omaze earn money?
As a not-for-profit entity, Omaze is able to collect a 20% fee on net increases from their campaigns. To keep them operating the fee is used to pay for operating expenses, including advertising, content creation, and processing fees for payments.