Omaze can be described as an online marketplace that allows users can make donations to charities and have the chance to get various prizes and experience. It’s a unique crowdfunding approach to raising funds. Based on the information provided by the firm, users have raised over 150 million dollars and have supported more than 350 charitable organizations. The charities are spread all over the world. They are the most reputable non-profit organizations such as UNICEF, After-School All-Stars, Julia’s House, Product Red along with Make-A-Wish Foundation.
Donations are not required to be entered into a contest but they do earn you extra contest entries as well as other perks. The contestants can choose which charity they want to donate to. Each contest has its own distinct prize, from luxury cars to unforgettable experiences.
Before you go on, you may want to watch 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 of Omaze.
What is the process behind Omaze function?
Omaze believes that every person should have the chance to take part in fundraising. Traditionally, charitable organizations usually relied on fundraisers where only the famous and wealthy could attend. Omaze wanted to democratize auctions for charity through its unique fundraising model. This means that everyday people can donate to the charity of their choice for as little as $10.
You have two options to participate. You can donate, and the other is by entering for no cost. You are able to participate in any contest for free and you’ll earn extra entries based on the amount you contribute. The higher your donation will result in more prize entries you’ll receive.
To donate, select “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 want. However, there is a maximum Entry limit that is dependent what prize you win.
For a chance to win for free visit the Experience or Prize page on the website. Click the “enter without contributing link” and follow the instructions. You’ll need to fill out an online form. When you submit the form, you will receive a specific number of entries. The form can be submitted at any time you like, but again, there is a maximum entry limit.
Omaze has received some criticism regarding how much of the prize is actually going to charity. For expensive prizes, only around 10-15 percent of the proceeds go to the charity. The company has stated that 10 percent is still an amount that is significant. The remaining donation is used to cover operational and marketing costs to continue to run the business. The most important thing is that people are encouraged to give because of attractive prizes.
For prizes that are less costly The company claims that 60 percent of the donation goes to charity.
Donations made through the site directly go towards Charities Aid Foundation America (CAF America). It’s a nonprofit organization which has joined forces with Omaze in making fundraising easy as well as safe and efficient. CAFA makes use of donations to pay grants for charitable organisations.
Omaze offers a wide range of incredible prizesthat they refer to as experiences. The prizes include luxurious vehicles as well as dream homes, a possibility to see your favorite celebrity, or a once-in-a-lifetime trip.
Here are a few examples of past and present prizes that are offered by Omaze:
- Chance to be the owner of the multimillion-dollar Miami dream home
- A vacation in Japan specifically designed for you
- An unforgettable safari with a luxurious stay in Giraffe Manor in Kenya
- The chance to win two seats on one of the first Virgin Galactic flights to space
- Private meet and greet for Dwayne “The Rock” Johnson
- A luxurious vacation to a spa resort in Thailand
- First class tickets on planes to anyplace in the world
- The chance to win luxurious vehicles and other vehicles
Omaze is constantly offering new campaigns and enticing prizes. Check their website to see additional prizes and information. Also, you can view previous prizes and winners. For previous contests, you can also see the amount that the charity has received.
Who started Omaze?
Omaze was launched at the end of 2012 by Ryan Cummins and Matt Pohlson. According to the website, they came up with the idea when they went to an auction benefitting charity. The auction item was their dream experience including a basketball game as well as dinner with Magic Johnson. But, the bidding was so high that they were outbid. The prize was only $15,000.
They couldn’t comprehend the reason why a prize of this magnitude only brought in a small amount for a great cause. They also felt that this method of fundraising was restricted to those who are wealthy. They felt that extraordinary experiences like this should not be accessible only to a few wealthy individuals.
Then they came up with a new kind of fundraising that would be accessible to a large variety of people.
This fundraising would be available online, so everyone could take part. Participants wouldn’t require an enormous amount of funds to participate, which would make it easier for more people to participate and raise more money to support the cause.
They also believe that charitable organizations should feel better about advertising on this platform because it’s a great cause. The platform lets charities communicate with a larger market in a way that is appealing to raise money.
Is Omaze real?
While the company has faced some criticism, it appears that they are indeed legitimate. They have raised over $100 million for charity and have awarded the prizes to the participants in accordance with their promises. Many famous celebrities have also endorsed and advocated for the platform.
Many winners have also spoken of the awards they received. Some are also featured on their official Omaze Youtube channel.
Omaze is also accredited as a member of Omaze is also accredited by Better Business Bureau with an A+ rating. Omaze Lottery
Because it’s a not-for-profit company, Omaze takes around 20 percent of donations. Imagine you want all of your donations to be donated to a non-profit. If that is the case, you might decide to donate straight to the charity organization or charity instead. But the best thing of Omaze is that you get to do something positive and, simultaneously, get the chance to receive a wonderful experience. This makes it appealing to a broader 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 make donations for just $10. If the amount you donate increases, the number of entries also increases, and the value of one entry decreases. For example 150 dollars equals 2000 entries, which means one entry for every seven cents donated. Omaze Lottery
Here are the amounts for donations that are equivalent to the amount of entry entries
- $10 = 20 entries
- $25 = 250 entries (most popular option according to the site)
- $500 = $50 entries
- $1200 = $100
- 150 = 2000 entry
According to Omaze their business, it takes around 12%-20% of the net funds. This is used to fund expenses for operations, like marketing, content creation, and processing fees. About 60%-80% of the funds go to charity.
For a more precise understanding, here’s how it differs between the celebrity and non-celebrity prizes. For prizes that are awarded to celebrities that are usually more affordable, 60percent of donation goes to charity, while 25 percent goes to Omaze. For prizes that are more costly, such as vacations, cars or cash 15percent of amount is donated to charity, while 65%-75 percent goes to Omaze.
Omaze currently does not offer refunds since the money is donated to charitable causes. However, if you have 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 this case you can submit them directly to their website through their Support Center and Submit a Request link. You can also access information and answers to frequently asked questions in the Support Center.
Omaze is an online platform for fundraising which allows users to make donations to charitable organizations in exchange for the chance to win exclusive prizes as well as experiences. It’s a legitimate company that has been operating 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 amazing once-in-a-lifetime experiences.
Omaze is a new method to give to charities. However, it has received a lot of criticism for how much money actually is donated to charities. But, this is understandable as Omaze is a commercial enterprise and is a non-profit organization. If your intention is to donate money to a charity and make sure that 100% goes to them, then you can donate straight to your charity. However, if you’re looking to win one of Omaze’s amazing prizes you can donate to Omaze instead. It’s a win-win situation since you can be the winner of a prize and also donate to a worthy cause.
FAQS Omaze Lottery
Where is Omaze where is it based?
Omaze is headquartered within Los Angeles, California.
Does my contribution count as tax-deductible?
All Omaze donations go to Charities Aid FoundatAmerica ion (CAFA). Since CAFA is an US charity and all donations made by US donors through Omaze are tax-deductible. Omaze platform can be tax-deductible as long as the law permits. If, however, your donation is accompanied by an experience perk, the value of the perk will be reduced. If you give $100 and receive an experience worth $75, then your tax-deductible contribution would be $25.
Are there any Omaze scams?
Even though Omaze is being criticized by a lot of people on the internet as a fraud but the business is authentic. They can raise funds for charities and award participants as promised. To ensure your security be sure to give your money to the Omaze official Omaze website only. Check to make sure the site is legitimate or not prior to donating your money.
What are the odds of winning?
The more you give, the higher your chances of winning, as a greater donation equals a greater amount of entries. But, you are able to take part without contributing, which qualifies you for a set number of entries.
How do they confirm a winner?
When the contest has ended, a potential winner is randomly drawn via an encrypted and secure randomly generated number generator. After the random drawing process Omaze’s team will complete the process of confirming winners. You may view more details about the process through their official website.
How do they reach them and to announce winners?
An Omaze representative will notify potential winners via email. The potential winner has 24 hours to reply to the initial email. The Omaze may follow up with a scheduled video conference, too. Once a potential winner has responded to and confirmed the initial email, they will need to accept the paperwork provided to them from an Events Team as part of the winner confirmation process.
Note Omaze won’t reach out to winners via social media. It will only contact them via email.
How does Omaze make money?
As a for-profit organization, Omaze receives 20% of net raises from their campaigns. To ensure that they are up and running, this fee is used to pay for operating expenses, including advertisements, content creation, and processing fees.