Omaze can be described as an online marketplace that allows users can donate to charitable causes and also win various prizes and experiences. It’s an innovative method of raising funds. Based on the information provided by the firm, users have raised over 150 million dollars and supported over 350 charitable organizations. The charities are spread all over the world. These charities are major credited non-profit organisations like UNICEF, After-School All-Stars, Julia’s House, Product Red, and Make-A-Wish Foundation.
Donations are not required to be entered into a contest but they do earn you extra contest entries and other perks. Users can decide what cause they’d like to contribute to. Each contest has its own unique prize, from luxurious cars to unforgettable experience.
Before you go on, you may want to watch this video by The Entrepreneur on YouTube that gives a quick overview. After, you will want to read the rest of our article for a more comprehensive review.
What is the process behind Omaze function?
Omaze believes that every person deserves the opportunity to take part in fundraising. In the past, charitable organizations typically depended on fundraising events where only the wealthy and famous attended. Omaze was founded to make auctions for charity through its unique fundraising method. This means everyday people can make a donation to the charity they choose for as low as $10.
Two ways you can enter. You can donate, or taking part for free. You are able to participate in any contest without donating however you will earn extra entries based on how much you give. The higher your donation is, the more prize entries you’ll get.
To donate, select “Enter Now” from the Experience or Prize page on the website. Then choose a donation amount and follow the instructions to fill in your details. You may give as many times as you like. However, there is an entry limit for each person which varies based upon the amount of prize.
To enter 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 directions. You’ll need to fill out the form. Upon submitting the form, you will receive a specific number of entries. You may submit the form at any time you want, however there is a maximum entry limit.
Omaze has been criticized regarding its contribution to charity. donation goes to the charity. For the most expensive prizes, only about 10-15 percent of the donation goes to charity. The company has replied with the statement that 10% still an impressive amount. The remaining donation will be used to pay 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 less expensive prizes The company claims that 60 percent of the prize goes to charity.
Donations made on the site go directly into Charities Aid Foundation America (CAF America). It’s a non-profit organization which has joined forces with Omaze in making fundraising easy as well as safe and efficient. CAFA uses donations to fund grants to charitable organizations.
Omaze offers a wide range of amazing prizes, which they call Experiences. The prizes include luxury cars, dream homes, a chance to meet your favorite celebrity or have a unique travel experience.
Here are some examples of past and current prizes offered by Omaze:
- The chance to be the owner of an enviable multimillion dollar Miami dream house
- A trip to Japan specially designed for you
- An unforgettable safari with a luxurious stay in Giraffe Manor in Kenya
- An opportunity to be the first to win two seats on one of the very first Virgin Galactic flights to space
- A private meet and 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 cars and a variety of other vehicles
Omaze is constantly offering new promotions and attractive prizes. Visit their website to view more prizes , including the prize details. It also provides previous prizes and the winners. For contests that have been held previously you will also be able to see the amount the charity has received.
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 attending an auction for charity. The item up for bidding was their ideal experience including a basketball game as well as dinner in the company of Magic Johnson. The bidding was so high that they ended up being outbid. The prize was just $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 thought that the fundraiser was only available to rich people only. They thought that incredible events like this should not be available only to a small number of wealthy individuals.
They decided to create an entirely new method of fundraising, which would be available to a more substantial amount of people.
This fundraising would be available online, so everyone could participate. People wouldn’t need an enormous amount of funds to participate, which would encourage more participants and help to raise money for the charity.
They believe that charitable organizations should feel better about advertising themselves on the platform, since it’s an excellent cause. Their platform allows charities to communicate with a larger audience in an attractive way to raise money.
Is Omaze legit?
While the company has faced some criticism, it appears that they’re legitimate. They have raised more than $100 million for charity , and have given out prizes to participants as promised. Many famous celebrities have also been a part of the campaign and lobbied for the platform.
A number of winners have also talked regarding the prize they won. They are also featured on Omaze’s Official Omaze Youtube channel.
Omaze is also certified as a member of Omaze is also accredited by Better Business Bureau with an A+ rating. Omaze Incorporated
As a non-profit corporation, Omaze takes around 20% of the donations. Suppose you want all your contributions to go to the non-profit. In this case, you might consider donating direct to the nonprofit organization or charity instead. The best part of Omaze is the fact that it allows you to get to make a difference and, at the same time getting to be awarded a fantastic experience. This makes it appealing to a larger number of people. If you’re interested in once-in-a-lifetime experiences and experiences, then Omaze is a great opportunity.
Cost and Price Plans
Omaze lets you make donations for just $10. If the amount you donate increases, the number of entries will also increase, and the value of one entry decreases. For instance 150 dollars equals 2000 entries, which is one entry for every seven cents donated. Omaze Incorporated
Here are the amounts for donations that are equivalent to the number of entries:
- $10 = 20 entries
- $25 = $25 = 125 entries (most popular option according to the website)
- $50 = 500 entries
- $1200 = $100
- $150 = 2000 entries
According to Omaze their business, it takes about 12%- 20% of net profits. This is used to fund operational costs, such as marketing, content creation, and processing fees. About 60%-80% of the money goes to charities.
To make it more specific This is how it differs between celebrity prizes and non-celebrity prizes. For celebrity prizes, which are typically less expensive, sixty percent of prize is given to charities, while 25 percent goes to Omaze. For higher-end prizes, like cars, vacations, or cash, fifteen percent of donation goes to charity and 65% to 75 percent goes to Omaze.
Omaze currently doesn’t offer refunds since the donations are for charitable causes. However, if you encounter any questions with your transaction it is recommended to contact Customer Service as soon as possible.
Customer Service Contact Info
If you have doubts, questions, or complaints. In that case you can submit your concerns directly to their website through their Support Center and Submit a Request link. You can also find information and answers to frequently asked questions in the Support Center.
Omaze can be described as an internet-based fundraising platform which allows users to make donations to charitable organizations with the possibility to win unique prizes and experience. It’s a legitimate company that has been running for several years now. It has assisted numerous charities reach their goals by raising money for them. The unique fundraising method lets everyone have the opportunity to experience unforgettable experiences that will last a lifetime.
Omaze is a different method to donate to charity. It has however, 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 donate money to an organization and ensure that the entire amount goes to them, you could donate directly to the charity instead. However, if you’re looking to win one of Omaze’s fabulous prizes, then donate through Omaze instead. It’s a win-win situation since you can win prizes while also contributing to a great cause.
FAQS Omaze Incorporated
Where is Omaze located?
Omaze is headquartered in Los Angeles, California.
Can my tax-deductible contribution be deducted?
All Omaze donations go to Charities Aid FoundatAmerica ion (CAFA). Since CAFA is a US charity that accepts donations from US donors through the Omaze platform are tax-deductible to the extent the law permits. However, if your donation is made in conjunction with an experience-based perk that is worth more than the perk will be subtracted. For example, if you make a donation of $100 and receive an experience worth $75, then your tax-deductible contribution would be $25.
Is there any Omaze scams?
While Omaze is being criticized by a lot of people on the internet as a fraud, the company is totally legit. It can raise money to benefit the organizations involved and reward participants in accordance with their promises. To ensure your safety be sure to make your donation through Omaze’s official Omaze web site. Verify if the website is genuine or not before donating your money.
What are the odds of winning?
The more you contribute the more likely you are of winning because a larger donation equals a greater amount of entries. But, you are able to take part without contributing, which qualifies you for a specific amount of entries.
How do they confirm a winner?
After the contest is over, a potential winner is randomly selected using a cryptographically secure random number generator. Following the random drawing process Omaze’s team will complete the confirmation of the winner. There are more information about the process on their website.
How do they contact and the winners?
An Omaze representative notifies the winner of the contest via email. The potential winner has up to 24 hours to respond to the email sent. The Omaze can contact them with an planned video call as well. Once a potential winner has confirmed and replied to an initial message, they need to accept the paperwork provided to them from The Events Team as part of the confirmation process for winners.
Please note that Omaze will never contact the winners through social media, only through email.
How does Omaze earn money?
As a for-profit organization, Omaze receives a 20% fee on net raises generated by their campaigns. To ensure that they are up and running the fee is used to cover operational costs, such as advertising, content creation, and payment processing fees.