Omaze can be described as an online marketplace that allows users can make donations to charities and get a chance to get various prizes and experience. It’s a unique crowdfunding method of raising funds. As per the website, its users have raised over 150 million dollars and have supported over 350 charities. They have charities all over the world. They are the most reputable non-profit organizations such as UNICEF, After-School All-Stars, Julia’s House, Product Red and Make-A-Wish Foundation.
Donations aren’t necessary to enter a contest, however, they can earn additional contest entries as well as other perks. Users can decide what cause they’d like to contribute to. Every contest comes with its own special prize, ranging from luxury cars to once-in-a-lifetime experiences.
Before you go on, you may want to watch this video by The Entrepreneur on YouTube that gives a quick overview. Afterward, you’ll want to read the rest of our article for a more comprehensive review of Omaze.
How does Omaze function?
Omaze Malala Fund
Omaze believes that everyone deserves the opportunity to participate in fundraisers. In the past, charitable organizations typically relied on fundraisers where only the wealthy and famous attended. Omaze wanted to democratize auctions for charity through its unique fundraising model. This means everyday people can give to the charity of their choice for as low as $10.
You have two options you can enter. One is by donating, or participating for free. It is possible to enter any contest for free, but you earn additional entries depending on the amount you donate. The higher your donation, the 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 directions to provide your information. You can make donations as often as you want. However, there is a maximum Entry limit that varies depending on the prize.
To enter for free, go to the Experience or Prize page on the website. Select the “enter without contributing link” and follow the directions. You will need to accomplish a form. After submitting the form you will receive a particular amount of entries. You may submit the form as many times as you like, but again, the form has a limit on entries. Entry limit.
Omaze has received some criticism regarding how much of the money goes to the charity. In the case of expensive prizes, 10 to 15 percent of the money is donated 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 ensure that they are running. What matters is that people are enticed to contribute due to the attractive prizes.
For prizes with lower costs The company says that 60% of the money goes to charity.
Donations made on the site are directly donated into Charities Aid Foundation America (CAF America). It’s a nonprofit organization which has partnered with Omaze to make fundraising simple as well as safe and efficient. CAFA uses donations to fund grants to charitable organizations.
Omaze offers a wide range of incredible prizesthat they refer to as Experiences. The prizes include luxury cars, dream homes, a chance to meet your favorite celebrity and a once-in-a lifetime trip.
Here are a few examples of the past and present prizes that are offered by Omaze:
- The chance to be the owner of an enviable multimillion dollar Miami dream house
- A vacation in Japan curated just for you
- A memorable safari experience and stay at Giraffe Manor in Kenya
- An opportunity to win 2 seats for one of the first Virgin Galactic flights to space
- A private meet and meet and greet with Dwayne “The Rock” Johnson
- A luxurious vacation to a wellness retreat in Thailand
- First-class plane tickets to anywhere in the world
- The chance to win luxurious automobiles and other vehicles
Omaze is constantly offering exciting new campaigns and prizes. Visit their website to view more prizes , including the prize details. Also, you can view previous prizes and the winners. For contests that have been held previously you can also view how much the charity has received.
Who was the person who started Omaze?
Omaze was launched in 2012 in 2012 by Ryan Cummins and Matt Pohlson. The website says that they had the idea when they went to an auction for charity. The auction item was their dream experience including a basketball game as well as dining together with Magic Johnson. However, the bidding went so high that they were outbid. The prize raised just $15,000.
The two couldn’t figure out why such a big prize only brought in a small amount to support a worthy cause. They also felt that this fundraiser was only available to rich people only. They felt that extraordinary experiences like this should not be restricted to a select group of wealthy people.
Then they came up with an innovative method of fundraising, which would be accessible to a significant amount of people.
This fundraiser would be made available online, so anyone could take part. It wouldn’t take much money to enter, which would make it easier for more people to participate and to raise money for the charity.
They think that charities should feel better about marketing themselves through this platform because it’s an important cause. Their platform allows charities to reach out to a broader market in a way that is appealing to raise money.
Is Omaze real?
While the company has faced some criticism, it seems that they are indeed legitimate. As of now, they’ve raised over $100 million for charity and have distributed the prizes promised to participants. Numerous famous personalities have also supported and advocated on behalf of the organization.
A number of winners have also talked of the awards they won. Some are also featured on their Omaze channel. Omaze Youtube channel.
Omaze is also certified with the Better Business Bureau with an A+ rating. Omaze Malala Fund
As a non-profit corporation, Omaze takes around 20% of the donations. If you wish to have all your contributions to go to the non-profit. In that case, you might consider donating directly to the non-profit or charity instead. But the best thing with Omaze can be that you have the chance to contribute and, simultaneously getting to receive a wonderful experience. This makes it very appealing to a wider range of people. If you’re looking for unique experiences Then Omaze is a fantastic chance.
Cost and Price Plans
Omaze allows you to donate as low as $10. When the amount of donation increases, the number of entries will also increase, and the equivalent for 1 entry decreases. For instance 150 dollars equals 2000 entries. This is one entry for every seven cents donated. Omaze Malala Fund
Here are the donation amounts with the equivalent amount of entry entries
- 10$ = 20 tickets
- $25 = $25 = 125 entries (most well-liked option, according to the site)
- $50 = 500 entries
- 100$ = 1200 entry
- $1000 = 2000 entries
According to Omaze, their company takes around 12%-20% of the net funds. These funds are used to fund operational costs, such as advertising, content creation, and payment processing fees. About 60%-80% of the funds are donated to charities.
For a more precise understanding This is how it differs between the celebrity and non-celebrity prizes. For prizes that are awarded to celebrities which are generally more affordable sixty percent of prize is given to charities and 25 percent goes to Omaze. For more expensive prizes like automobiles, vacations, or cash, fifteen percent of amount goes to charity and 65% to 75 percent goes to Omaze.
Omaze currently doesn’t provide refunds as the donations are for charitable causes. However, if you have any concerns about your transactions it is recommended to contact Customer Service as soon as possible.
Customer Service Contact Info
If you have any concerns, questions, concerns or concerns. In that case you can send them directly to their website through using the Support Center and Submit a Request link. There is also a wealth of details and frequently asked questions at the Support Center.
Omaze can be described as an internet-based platform for fundraising that lets people donate to charitable organizations in exchange for the chance to win exclusive prizes and experiences. Omaze is a legitimate business that has been running for many years. It has helped numerous charities to achieve their goals through making donations for them. Its unique fundraising strategy allows everyone to have the opportunity to enjoy amazing once-in-a-lifetime experiences.
Omaze is a different way to give to charities. However, it’s 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 which is a profit-making organisation. If your goal is to donate money to an organization and ensure that all proceeds go to them, then donate straight to your charity. If you’re interested in 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 great cause.
FAQS Omaze Malala Fund
Where is Omaze located?
Omaze is based within Los Angeles, California.
Does my contribution count as tax-deductible?
All Omaze donations go to 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 to the extent the law permits. However, if your donation comes with an experience perk then the value of the experience perk will be deducted. So if you donate $100 and get an experience perk of $75, then your tax-deductible donation will be $25.
Do you know of any Omaze scams?
Although Omaze is being attacked by a lot of people on the internet as a scam however, the company is completely legitimate. They can raise funds for charities and reward participants in accordance with their promises. To ensure your safety ensure that you make your donation through the Omaze official Omaze web site. Double-check to see if the site is legitimate or not prior to donating your money.
What are the odds of winning?
The more you donate the greater your chance of winning since a higher donation equals a more significant number of entries. You can however enter without contributing to qualify for a specific number of entries.
How can they verify that they have a winner?
Once the contest has closed, a potential winner is randomly drawn via a cryptographically secure random number generator. After the random drawing process Omaze’s team finishes the winner confirmation process. More information about the procedure on their website.
How do they contact and announce winners?
An Omaze representative informs potential winners via email. The potential winner has up to 24 hours to respond to the email sent. The Omaze may respond with a scheduled video conference, too. After a winner is been confirmed and responded to the initial email, they must complete the form provided by the Events Team as part of the confirmation process for winners.
Do note Omaze does not contact winners via social media. Instead, it will contact them by email.
How does Omaze earn its money?
As a not-for-profit entity, Omaze collects 20% of net raises from their campaigns. To ensure they stay functioning the fee is used to cover operating expenses, including advertisements, content creation, and processing fees.