Omaze is an online platform on which users can make donations to charities and also win various prizes and experiences. It’s a unique crowdfunding method for fundraising. According to the company, its users have raised over 150 million dollars, and have benefited more than 350 charitable organizations. 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, as well as Make-A-Wish Foundation.
Donations are not required to enter a contest, but they earn extra contest entries as well as other perks. Users are able to choose the charity they would like to donate to. Every contest comes with its own distinct prize, from luxury cars to unforgettable experience.
Before you continue, you may want to watch this video by The Entrepreneur on YouTube that gives a quick review. After, you will want to read the rest of the article for a more comprehensive review.
What is the process behind Omaze function?
Omaze believes that every person should be able to be a part of fundraising. Traditionally, charities relied on fundraisers where only the famous and wealthy could attend. Omaze wanted to democratize auctions for charities with its unique fundraising model. It allows everyday citizens to give to the charity they choose starting at just $10.
There are two ways to participate. One is by donating, or participating for no cost. You can enter any contest for free and you’ll earn extra entries depending on the amount you give. The higher your donation is, the more prize entries you’ll get.
To make a donation, click “Enter Now” from the Experience or Prize page on the website. Select a donation amount and follow the instructions to provide your information. You may give as many times as you want. However, there is an entry limit for each person which varies based upon the amount of prize.
For a chance to win for free 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 the form. When you submit the form, you will be awarded a certain amount of entries. You may submit the form at any time you’d like, however you will be subject to a certain Entry limit.
Omaze has faced criticism about what percentage of donation goes to the charity. For the most expensive prizes, only about 10-15 percent of the proceeds go to the charity. The company has responded that 10 percent is still an impressive amount. The remainder of the money is used to cover expenses for marketing and operational costs to continue to run the business. The most important thing is that people are encouraged to contribute due to the attractive prizes.
For less expensive prizes, the company reports that 60 percent of the prize goes to charity.
Donations made through the website go directly into Charities Aid Foundation America (CAF America). It’s a public charity which has joined forces with Omaze in making fundraising easy secure, efficient, and safe. CAFA utilizes donations to help fund grants for charitable organisations.
Omaze offers a variety of amazing prizes, which they refer to as experiences. The prizes include luxurious vehicles and dream homes, a chance to meet your favourite celebrity, or a once-in-a-lifetime travel experience.
Here are some examples of past and present prizes that are offered by Omaze:
- A 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
- The chance to be the first to win tickets to two of the first Virgin Galactic flights to space
- A private meet and greet featuring Dwayne “The Rock” Johnson
- A luxury trip to a wellness resort in Thailand
- First-class plane tickets to anywhere in the world
- Chance to win luxurious vehicles and other vehicles
Omaze offers constantly exciting new campaigns and prizes. You can check their website to view additional prizes and details. Also, you can view previous prizes as well as the winners. For previous contests you can also view the amount that the charity has received.
Who came up with Omaze?
Omaze was founded on the 12th of December 2012, through Ryan Cummins and Matt Pohlson. According to the website, they had the idea after they attended a charity auction. The item up for bidding was their ideal experience: a basketball game and dinner in the company of Magic Johnson. However, the bidding went so high that they ended up being outbid. The prize raised only $15,000.
The two couldn’t figure out why such a big prize only brought in a small amount for a good cause. They also thought that the fundraiser was only available to those who are wealthy. They thought that incredible experiences like this should not be available only to a select group of wealthy people.
So they decided to develop an entirely new method of fundraising, which would be available to a significant number of people.
This fundraising would be available online, so anyone could participate. People wouldn’t need a lot of cash to participate and encourage more participants and help raise more funds for the charity.
They also think that charities should feel better about marketing themselves through this platform because it’s a great cause. Their platform allows charities to reach out to a broader market in a way that is appealing to raise more funds.
Is Omaze real?
Although the company has received some criticism, it appears that they’re legitimate. 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 supported and advocated for the platform.
A number of winners have also talked of the awards they received. They are also featured on Omaze’s official Omaze Youtube channel.
Omaze is also accredited with the Better Business Bureau with an A+ rating. Omaze/Fast 8
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 case, you might decide to donate straight to the charity or charity instead. However, the fun part with Omaze can be that you get to contribute and, at the same time getting to get a great experience. This makes it appealing to a larger number of people. If you’re looking for unique experiences and experiences, then Omaze is an excellent chance.
Cost and Price Plans
Omaze lets you donate for starting at just $10. If the amount you donate increases, the percentage of entries will also increase, and the equivalent for 1 entry decreases. For instance 150 dollars equals 2000 entries, which is one entry for every seven cents donated. Omaze/Fast 8
Here are the donation amounts in the same amount, with the equivalent amount of entry entries
- $10 = 20 entries
- $25 = $25 = 125 entries (most sought-after option according to the website)
- $50 = 500 entries
- $100 = 1,200 entries
- $150 = 2000 entries
According to Omaze, their company takes about 12%- 20% of net funds. The money is used to cover operational costs, such as advertising, content creation, and payment processing fees. A majority of the funds go to charity.
To be more precise, here’s how it differs between the celebrity and non-celebrity prizes. For prizes that are awarded to celebrities which are generally more affordable, 60percent of donation goes to the charity and 25% goes to Omaze. For more expensive prizes like cars, vacations, or cash, 15% of the money is donated to charity, while 65%-75% goes to Omaze.
Omaze currently doesn’t provide refunds as the donations are for charitable causes. However, if you encounter any concerns regarding your transactions You should get in touch with Customer Service as soon as possible.
Customer Service Contact Info
If you have queries, issues or concerns. If so, you may submit your concerns directly to their website via their Support Center and Submit a Request link. You can also find information and answers to frequently asked questions on the Support Center.
Omaze can be described as an internet-based platform for fundraising which allows users to make donations to charities in exchange for the chance to win prizes that are unique and experiences. It’s a legitimate organization that has been operating for many years. It has assisted numerous charities achieve their goals by raising funds for them. The unique fundraising method lets everyone have the chance to gain incredible experiences once in a lifetime.
Omaze is a new method to donate to charity. However, it has been the subject of a lot of criticism for how much money actually is donated to charities. However, it’s understandable since Omaze is a business, so it’s a for-profit company. If your intention is to just 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 fabulous prizes you can donate to Omaze instead. It’s a win-win situation since you have the chance to be the winner of a prize and also donate to a great cause.
FAQS Omaze/Fast 8
Where is Omaze where is it based?
Omaze is located in Los Angeles, California.
Is my contribution tax-deductible?
All Omaze donations go through Charities Aid FoundatAmerica ion (CAFA). Because CAFA is an US charity that accepts donations from US donors through Omaze are tax-deductible. Omaze platform are tax-deductible in the amount the law permits. However, if your donation is made in conjunction with an experience-based perk, the value of the experience perk will be deducted. So if you donate $100 and receive an experience perk of $75, then your tax-deductible donation would be $25.
Do you know of any Omaze frauds?
While Omaze has been criticized by many people online as a scam but the business is legitimate. It can raise money to benefit the organizations involved and reward participants in accordance with their promises. To ensure your security, just make sure to donate your money through Omaze’s official Omaze site only. Check to make sure the site is legitimate or not prior to making a donation of your money.
What are the chances of winning?
The more you contribute, the higher your chances of winning, as a greater donation equals a larger amount of entries. But, you are able to participate without contributing money to qualify for a certain number of entries.
What is the process to confirm the winner?
After the contest is over, a potential winner is randomly selected using a cryptographically secure randomly generated number generator. After the random drawing process Omaze’s team will complete the process of confirming winners. More details on the process through their official website.
How do they contact and announce winners?
An Omaze representative notifies the potential winner via email. The potential winner has up to 24 hours to reply to the initial email. The Omaze could follow up with a planned video conference, too. After a winner is responded to and confirmed an initial message, they will need to accept the paperwork provided to them by the Events Team as part of the process of confirming the winner.
Note Omaze won’t contact the winners through social media, only through email.
How does Omaze earn money?
As a not-for-profit entity, Omaze collects a 20% fee on net raises from their campaigns. To ensure that they are operating the fee is used to cover operating expenses, including advertising, content creation and processing fees.