Omaze can be described as an online marketplace that allows users can give to charities and have the chance to get various prizes and experience. It’s a unique crowdfunding method of raising funds. As per the website, users have raised more than 150 million dollars and have supported over 350 charities. They have charities across the globe. They are the most reputable 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 do earn you extra contest entries and other perks. Users are able to choose the cause they’d like to contribute to. Every contest comes with its own distinct prize, from luxury cars to once-in-a-lifetime experience.
Before you continue, you may want to watch 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 of Omaze.
What is the process behind Omaze work?
Omaze believes that everyone deserves the opportunity to be a part of fundraising. Traditionally, charities depended on fundraising events where only the famous and wealthy attended. Omaze wanted to democratize auctions for charity through its unique fundraising model. This means everyday people can make a donation to the charity they choose starting at just $10.
Two ways to participate. The first is through donating while the other option is entering for free. You can enter any contest for free and you’ll earn extra entries based on how much you donate. The more you donate is, the more prizes you’ll win.
To donate, simply go to “Enter Now” from the Experience or Prize page on the website. Select a donation amount and follow the steps to fill in your details. You can donate as many times as you like. There is however an entry limit for each person that varies depending upon the amount of prize.
To be eligible for a free entry visit the Experience or Prize page on the website. Click the “enter without contributing link” and follow the directions. You’ll be required to complete a form. After submitting the form you will be awarded a certain amount of entries. You can submit the form as many times as you like, but again there is a maximum entry limit.
Omaze has received some criticism regarding what percentage of prize is actually going to charity. For the most expensive prizes, only around 10-15 percent of the money is donated to the charity. The company has stated with the statement that 10% an amount that is significant. The remaining donation 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 give because of attractive prizes.
For less expensive prizes The company claims that 60% of the money goes to charity.
Donations made through the website go directly towards Charities Aid Foundation America (CAF America). It’s a non-profit organization which has partnered with Omaze to make fundraising simple, safe, and effective. CAFA makes use of donations to pay grants to charitable organizations.
Omaze offers a wide range of incredible prizesthat they call Experiences. The prizes include luxury cars, dream homes, the opportunity to get to know your favourite celebrity and a once-in-a lifetime journey.
Here are some examples of the previous and present prizes provided by Omaze:
- Chance to win a multimillion-dollar Miami dream house
- A vacation in Japan specifically designed for you
- An unforgettable safari as well as a stay at Giraffe Manor in Kenya
- A chance to win two seats on one of the first Virgin Galactic flights to space
- An exclusive meet and greet for Dwayne “The Rock” Johnson
- A luxurious trip to a wellness resort 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 offers constantly new promotions and attractive prizes. Check their website to view additional prizes and details. You can also see previous prizes and the winners. For contests that have been held previously you will also be able to see the amount that the charity received.
Who started 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 attending an auction for charity. The auction item was their dream experience: a basketball game and meal in the company of Magic Johnson. However, the bidding went so high that they were outbid. The prize ended up raising just $15,000.
They couldn’t comprehend why such a big prize only brought in a small amount to support a worthy cause. They also felt that this method of fundraising was restricted to wealthy people only. They thought that incredible experiences such as this shouldn’t be accessible only to a small number of wealthy individuals.
They decided to create an innovative method of fundraising, which would be accessible to a substantial number of people.
This fundraiser would be made available online, so everyone could participate. It wouldn’t take an enormous amount of cash to participate and make it easier for more people to participate and to raise money to support the cause.
They believe that charitable organizations should feel better about advertising on this platform since it’s for a great cause. The platform lets charities communicate with a larger public in a more appealing way to raise more funds.
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 participants as promised. Numerous famous personalities have also supported and advocated on behalf of the organization.
A number of winners have also talked of the awards they won. They also have a video on Omaze’s Omaze channel. Omaze Youtube channel.
Omaze is also certified by Omaze is also accredited by Better Business Bureau with an A+ rating. Omaze Fanwish
Since it’s a for-profit organization, Omaze takes around 20 percent of donations. Suppose you want all your contributions to be donated to a non-profit. In that scenario, you could think about donating direct to the nonprofit or charity instead. But the best thing about Omaze is the fact that it allows you to get to do something positive and in the process getting to be awarded a fantastic experience. This makes it very appealing to a larger number of people. If you’re seeking unique experiences and experiences, then Omaze is a great chance.
Cost and Price Plans
Omaze lets you make donations for just $10. When the amount of donation increases, the number of entries also increases, and the equivalent for 1 entry decreases. For instance $150 is equal to 2000 entries. This is 1 entry per 7 cents given. Omaze Fanwish
Here are the amounts for donations in the same amount, with the equivalent quantity of entries
- $20 = 20 entry
- $25 = 250 entries (most well-liked option, according to the site)
- $50 = 500 entries
- $1200 = $100
- $150 = 2000 entries
According to Omaze their business, it takes about 12%- 20% of net profits. These funds are 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.
For a more precise understanding, here’s how it differs between non-celebrity prizes and celebrity prizes. For prizes that are awarded to celebrities, which are typically cheaper, sixty percent of money goes to the charity and 25% goes to Omaze. For prizes that are more costly, such as vacations, cars or cash 15% of the amount goes to charity and 65% to 75% goes to Omaze.
Omaze currently doesn’t provide refunds as the money is donated to charitable causes. However, if you encounter any issues with your transaction it is recommended to contact Customer Service as soon as possible.
Customer Service Contact Info
If you have questions, concerns or concerns. In that case you can submit them directly to their website via their Support Center and Submit a Request link. You can also access information and find frequently asked questions in the Support Center.
Omaze is an online platform for fundraising that allows people to donate to charitable organizations to be eligible to win unique prizes and experience. It’s a legitimate organization that has been operating for a number of years. It has assisted numerous charities reach their goals by making donations for them. Its unique fundraising strategy lets everyone have the opportunity to enjoy unforgettable experiences that will last a lifetime.
Omaze is a different method to donate to charity. However, it has received critiques regarding how much actually is donated to charities. However, it’s understandable since Omaze is a company which is a profit-making organisation. If your goal is to donate money to a charity and make sure 100% goes to them, then you can donate straight to your charity. If you’re interested in one of Omaze’s amazing prizes, then donate through Omaze instead. It’s a win-win since you have the chance to win prizes while also contributing to a worthy cause.
FAQS Omaze Fanwish
Where is Omaze located?
Omaze is based within Los Angeles, California.
Does my contribution count as tax-deductible?
All Omaze donations go through Charities Aid FoundatAmerica ion (CAFA). Because CAFA is an US charity and all donations made by US donors using the Omaze platform can be tax-deductible as long as the law permits. However, if your contribution is accompanied by an experience perk that is worth more than the perk will be subtracted. If you give $100 and receive a perk worth 75 dollars, the tax-deductible donation would be $25.
Are there any Omaze scams?
Even though Omaze is being criticized by many people online as a fraud but the business is authentic. It can raise money for the charities involved and also award participants according to the promises. To ensure your security, just make sure to make your donation through the authentic Omaze web site. Double-check to see if the website is fake or not before donating your money.
What are the odds of winning?
The more you contribute, the higher your chances of winning, as a greater donation equals a greater amount of entries. However, you can still take part without contributing, which qualifies you for a specific number of entries.
What is the process to confirm a winner?
After the contest is over, a potential winner is randomly drawn via an encrypted and secure random number generator. Following the random drawing process Omaze’s team will complete the process of confirming winners. There are more details about the process on their website.
How do they contact and announce 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 could follow up with a scheduled video conference, too. Once a potential winner has confirmed and replied to an initial message, they need to sign paperwork sent to them by the Events Team as part of the winner confirmation process.
Please note Omaze does not contact winners via social media, only through email.
How does Omaze earn its money?
As a for-profit organization, Omaze collects a 20% fee on net raises from their campaigns. To ensure that they are functioning, this fee is used to cover operating expenses, including advertising, content creation, and processing fees for payments.