Omaze can be described as an online marketplace where people can make donations to charities and also get various prizes and experience. It’s a unique crowdfunding approach to raising funds. Based on the information provided by the firm, its users have raised over 150 million dollars and supported over 350 charities. They have charities all over the world. They are the most reputable non-profit organisations like UNICEF, After-School All-Stars, Julia’s House, Product Red, along with Make-A-Wish Foundation.
Donations aren’t necessary to enter 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. Each contest has its own unique prize, from luxurious 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 review. After, 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 every person should have the chance to be a part of fundraising. In the past, charitable organizations typically depended on fundraising events where only the wealthy and famous could attend. Omaze set out to open up auctions for charities with its unique fundraising method. This means everyday people can make a donation to the charity of their choice starting at just $10.
There are two ways to participate. The first is through donating while the other option is taking part for no cost. You are able to participate in any contest for free, but you earn additional entries based on the amount you contribute. The more you donate will result in more prizes you’ll win.
To donate, click “Enter Now” from the Experience or Prize page on the website. Select a donation amount and follow the instructions to enter your personal information. You are able to donate as many times as you want. But, there is an upper limit on entries that is dependent what prize you win.
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 an online form. When you submit the form, you will receive a specific amount of entries. The form can be submitted as many times as you like, but again you will be subject to a certain Entry limit.
Omaze has been criticized over what percentage of money goes toward the actual charity. For the most expensive prizes, only around 10-15 percent of the donation goes to the charity. The company has responded with the statement that 10% an impressive amount. The rest of the donation is used to pay for 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 prizes with lower costs The company claims that 60 percent of the prize goes to charity.
Donations made through the site are directly donated into Charities Aid Foundation America (CAF America). It’s a non-profit organization which has partnered with Omaze in making fundraising easy, safe, and effective. CAFA utilizes donations to help fund grants for charitable organizations.
Omaze offers a wide range of incredible prizes, which they call Experiences. These prizes include luxurious cars as well as dream homes, a opportunity to get to know your favourite celebrity or have a unique trip.
Here are a few examples of past and current prizes provided by Omaze:
- The chance to take home a multimillion-dollar Miami dream house
- A vacation in Japan curated just for you
- A memorable safari experience and stay at Giraffe Manor in Kenya
- A chance to win two seats on one of the very first Virgin Galactic flights to space
- Private meet and greet with Dwayne “The Rock” Johnson
- A luxurious trip to a wellness retreat 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 has a constant stream of exciting new campaigns and prizes. Visit their website to see additional prizes and information. It also provides previous prizes as well as the winners. For previous contests you will also be able to see the amount the charity received.
Who started Omaze?
Omaze was launched in 2012 through Ryan Cummins and Matt Pohlson. According to the website, they came up with the idea after attending an auction benefitting charity. The auction item was their dream experience which included a basketball match and dining together with Magic Johnson. The bidding was so high that they were outbid. The prize raised only $15,000.
They couldn’t comprehend the reason why a prize of this magnitude only raised a small amount for a good cause. They also thought that the fundraising model was limited to those who are wealthy. They thought that incredible experiences such as this shouldn’t be restricted to a select group of wealthy people.
They decided to create an innovative method of fundraising that could be available to a large variety of people.
The fundraising will be accessible on the internet, which means that everyone can participate. People wouldn’t need much money to enter and encourage more participants and help raise more funds for the charity.
They believe that charitable organizations can feel more confident about advertising on this platform since it’s for an important cause. Their platform allows charities to communicate with a larger market in a way that is appealing to raise more funds.
Is Omaze legitimate?
Although the company has received some criticism, it appears that they are indeed legitimate. So far, they have raised over $100 million for charity , and have given out prizes promised to participants. A lot of big-name celebrities have also been a part of the campaign and lobbied for the platform.
Many winners have also spoken of the awards they have won. They are also featured on Omaze’s Omaze channel. Omaze Youtube channel.
Omaze is also accredited as a member of the Better Business Bureau with an A+ rating. Omaze Island
Because it’s a not-for-profit company, Omaze takes around 20% of the donations. Suppose you want all of your donations to be donated to a non-profit. If that is the case, you might think about donating direct to the nonprofit organization or charity instead. But the best thing with Omaze can be that you get to do something positive while in the process getting to be awarded a fantastic experience. This makes it very appealing to a larger number of people. If you’re interested in once-in-a-lifetime experiences, then Omaze is a great opportunity.
Cost and Price Plans
Omaze allows you to donate just $10. When the amount of donation increases, the number of entries will also increase, and the equivalent for 1 entry decreases. For instance 150 dollars equals 2000 entries, which is 1 entry per 7 cents donated. Omaze Island
Here are the donation amounts that are equivalent to the quantity of entries
- $20 = 20 entry
- $25 = 250 entries (most well-liked option, according to the site)
- $500 = $50 entries
- 100$ = 1200 entry
- 150 = 2000 entry
According to Omaze their business, it takes approximately 12% to 20% of net funds. This is used to pay for operating expenses, including marketing, content creation, and processing fees. A majority of the funds are donated to charities.
For a more precise understanding Here’s the difference between non-celebrity prizes and celebrity prizes. For prizes that are awarded to celebrities that are usually less expensive 60% of the prize goes to the charity and 25% goes to Omaze. For higher-end prizes, like vacations, cars, or cash 15% of the donation is donated to charity, while 65%-75% goes to Omaze.
Omaze is currently unable to offer refunds since the money is donated to charitable causes. If you do have any issues about your transactions, you should contact Customer Service as soon as possible.
Customer Service Contact Info
If you have any concerns, doubts, questions or issues. If so you can send them directly to their website through the Support Center and Submit a Request link. You can also access details and frequently asked questions on the Support Center.
Omaze can be described as an internet-based fundraising platform that lets people donate to charitable organizations in exchange for the chance to win exclusive prizes and experience. It’s a legitimate organization that has been running for a number of years. It has helped various charities to achieve their goals through raising money for them. Its unique fundraising model gives everyone the opportunity to enjoy unforgettable experiences that will last a lifetime.
Omaze is a different method to make a donation to charities. It has however, been the subject of a lot of criticism over how much of the money actually goes to charity. But, this is understandable as Omaze is a business, so it’s a for-profit organization. If your goal is to just donate money to a charity and make sure that 100% goes to them, you could donate straight to your charity. But if you’re interested in one of Omaze’s fabulous prizes you can donate to Omaze instead. It’s a win-win since you get the chance to win prizes while also contributing to a worthy cause.
FAQS Omaze Island
Where is Omaze located?
Omaze is headquartered within 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 via the Omaze platform can be tax-deductible as long as the law permits. However, if your contribution is made in conjunction with an experience perk that is worth more than the perk will be reduced. For example, if you make a donation of $100 and earn an experience worth 75 dollars, the tax-deductible donation will be $25.
Do you know of any Omaze scams?
While Omaze is being criticized by numerous people online as a scam but the business is authentic. It can raise money for charities and reward participants in accordance with their promises. To ensure your security be sure to donate your money through the official Omaze web site. Verify if 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 because a larger donation equals a larger number of entries. But, you are able to enter without contributing, which qualifies you for a specific amount of entries.
How do they confirm the winner?
After the contest is over the winner will be randomly chosen using a cryptographically secure randomly generated number generator. After the random draw process Omaze’s team finishes the winner confirmation process. There are more details about the procedure on their website.
How can they get in touch with them? to announce winners?
An Omaze representative will notify potential winners via email. The winner is given 24 hours to reply to the email sent. The Omaze can follow up with a planned video call as well. If a winner has been confirmed and responded to their initial emails, they need to sign paperwork sent to them from The Events Team as part of the process of confirming the winner.
Do note Omaze does not reach out to winners via social media. It will only contact them via email.
How does Omaze earn money?
Omaze is a non-profit company. Omaze collects 20% of net raises generated by their campaigns. To keep them operating the fee can be used to fund operational costs, such as advertising, content creation, and processing fees for payments.