Omaze can be described as an online marketplace that allows users can give to charities and have the chance to be the winner of various prizes and experiences. It’s a unique method of fundraising. Based on the information provided by the firm, users have raised more than 150 million dollars and have supported more than 350 charitable organizations. The charities are spread all over the world. These charities are renowned non-profit organizations such as UNICEF, After-School All-Stars, Julia’s House, Product Red and Make-A-Wish Foundation.
Donations are not required to participate in a contest, however, they can earn additional contest entries, as well as other benefits. Users can decide what charity they want to donate to. Every contest comes with its own special prize, ranging from luxury automobiles to unique experience.
Before you go on, you may want to check out this video by The Entrepreneur on YouTube that gives a quick overview. After, you’ll want to read the rest of our article for a more comprehensive review.
How does Omaze function?
Omaze believes that every person should be able to participate in fundraisers. In the past, charitable organizations typically depended on fundraising events where only the wealthy and famous attended. Omaze set out to open up auctions for charities with its unique fundraising method. This means everyday people can give to the charity of their choice starting at just $10.
You have two options you can enter. The first is through donating while the other option is participating for free. You can enter any contest with no donation, but you earn additional entries based on the amount you give. The greater your donation is, the more prize entries you’ll receive.
To donate, click “Enter Now” from the Experience or Prize page on the website. Select a donation amount and follow the instructions to fill in your details. You can donate as many times as you’d like. There is however an upper limit on entries that is dependent on the prize.
To be eligible for a free entry, go to the Experience or Prize page on the website. Select the “enter without contributing link” and follow the steps. You’ll be required to complete the form. Upon submitting the form, you will receive a specific number of entries. The form can be submitted as many times as you want, however you will be subject to a certain entry limit.
Omaze has faced criticism regarding what percentage of prize goes to the charity. For expensive prizes, only about 10-15 percent of the money is donated to charity. The company has responded that 10 percent is an amount that is significant. The rest of the donation is used to cover expenses for marketing and operational costs to ensure that they are running. What matters is that people are encouraged to contribute due to the attractive prizes.
For prizes that are less costly, the company reports that 60% of the money is given to charities.
Donations made through the site directly go 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 for charitable organizations.
Omaze provides a range of incredible prizesthat they call Experiences. These prizes include luxurious cars as well as dream homes, the chance to meet your favorite celebrity or have a unique travel experience.
Here are some examples of the previous and present prizes that are offered by Omaze:
- Chance to be the owner of an enviable multimillion dollar Miami dream home
- A trip to Japan specifically designed for you
- A memorable safari experience with a luxurious stay in Giraffe Manor in Kenya
- The chance to be the first to win tickets to two of the very first Virgin Galactic flights to space
- An exclusive meet and greet with Dwayne “The Rock” Johnson
- A luxurious trip to a wellness resort in Thailand
- First-class plane tickets to anywhere in the world
- The chance to win luxurious vehicles and other vehicles
Omaze offers constantly exciting new campaigns and prizes. Check their website to view additional prizes and details. Also, you can view previous prizes and winners. For previous contests, you can also see the amount that the charity received.
Who started Omaze?
Omaze was created at the end of 2012 by Ryan Cummins and Matt Pohlson. The website says that they had the idea after attending an auction benefitting charity. The item up for bidding was their ideal experience which included a basketball match and dining with Magic Johnson. But, the bidding was so high that they were outbid. The prize ended up raising only $15,000.
The two couldn’t figure out why such a big prize only raised a small amount to support a worthy cause. They also believed that this method of fundraising was restricted to those who are wealthy. They felt that extraordinary events like this should not be accessible only to a small number of wealthy people.
So they decided to develop an entirely new method of fundraising that could be available to a more substantial number of people.
The fundraising will be accessible on the internet, which means that everyone can take part. Participants wouldn’t require much money to enter and encourage more participants and help raise more funds for the charity.
They believe that charitable organizations ought to feel more comfortable advertising on this platform since it’s for an important cause. The platform lets charities communicate with a larger audience in an attractive way to raise more funds.
Is Omaze real?
While the company has faced some criticism, they appear that they are indeed legitimate. So far, they have 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.
Many winners have also spoken regarding the prize they have received. 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/Idris
As a non-profit corporation, Omaze takes around 20 percent of donations. If you wish to have all of your donations going to a non-profit. If that is the case, you might decide to donate direct to the nonprofit organization or charity instead. But the best thing of Omaze is that you get to contribute while simultaneously you can get a great experience. This makes it appealing to a broader number of people. If you’re looking for unique experiences and experiences, then Omaze is a fantastic opportunity.
Cost and Price Plans
Omaze allows you to donate just $10. If the amount you donate increases, the percentage of entries also increases, and the value of one entry decreases. For instance $150 is equal to 2000 entries, which means one entry for every seven cents that are donated. Omaze/Idris
Here are the amounts for donations with the equivalent quantity of entries
- $20 = 20 entry
- $25 = 250 entries (most sought-after option according to the website)
- $500 = $50 entries
- $100 = 1,200 entries
- 150 = 2000 entry
According to Omaze the company, they take about 12%- 20% of net earnings. This is used to cover operating expenses, including advertising, content creation and payment processing fees. Around 60%-70% of money goes to charities.
To be more precise This is how it differs between celebrity prizes and non-celebrity prizes. For the prizes of celebrities that are usually less expensive, 60percent of money is given to charities and 25% goes to Omaze. For more expensive prizes like automobiles, vacations or cash 15% of the donation goes to charity while 65%-75 percent is given to Omaze.
Omaze currently doesn’t offer refunds since donations are made to charitable causes. However, if you have any issues with your transaction, you should contact Customer Service as soon as possible.
Customer Service Contact Info
Suppose you have any queries, issues or issues. In this case you can submit your concerns directly to their website through using the Support Center and Submit a Request link. You can also find information and answers to frequently asked questions in the Support Center.
Omaze is an online fundraising platform that lets people donate to charities with the possibility to win exclusive prizes as well as experiences. Omaze is a legitimate business that has been operating for several years now. It has helped numerous charities achieve their goals by raising money for them. The unique fundraising method gives everyone the chance to gain amazing once-in-a-lifetime experiences.
Omaze is a different way to give to charity. However, it’s received a lot of criticism for how much money actually goes to charity. But, this is understandable as Omaze is a commercial enterprise which is a profit-making organisation. If your goal is to just donate money to a charity and make sure that the entire amount goes to them, you could donate straight to your charity. However, if you’re looking to win the amazing prizes offered by Omaze you can donate to Omaze instead. It’s a win-win since you have the chance to be the winner of a prize and also donate to a worthy cause.
Where is Omaze based?
Omaze is headquartered in Los Angeles, California.
Is my contribution tax-deductible?
All Omaze donations go to Charities Aid FoundatAmerica ion (CAFA). Since CAFA is a US charity and all donations made by US donors through Omaze are tax-deductible. Omaze platform are tax-deductible in the amount the law permits. If, however, your donation is accompanied by an experience reward that is worth more than the perk will be reduced. So if you donate $100 and earn an experience worth $75, your tax-deductible contribution will be $25.
Are there any Omaze frauds?
While Omaze is being attacked by a lot of people on the internet as a scam, the company is totally legit. They are able to raise funds to benefit the organizations involved and reward participants in accordance with their promises. To ensure your security be sure to donate your money through the 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 odds of winning?
The more you donate the more likely you are of winning, as a greater donation equals a greater number of entries. However, you can still enter without contributing, which qualifies you for a certain number of entries.
How can they verify a winner?
Once the contest has closed the winner will be randomly drawn via a cryptographically secure randomly generated number generator. After the random drawing process, the Omaze team completes the process of confirming winners. You may view more details on the process at their site.
How can they get in touch with them? to announce winners?
An Omaze representative informs the winner of the contest via email. The winner is given 24 hours to respond to the initial email. The Omaze can contact them with an planned video conference, too. If a winner has been confirmed and responded to their initial emails, they must complete the form provided through the Events Team as part of the confirmation process for winners.
Do note that Omaze will never contact winners via social media. It will only contact them via email.
How does Omaze make money?
Omaze is a non-profit company. Omaze receives a 20% fee on net raises from their campaigns. To ensure they stay up and running this amount is used to pay for the operational expenses like advertisements, content creation, and processing fees for payments.