Omaze can be described as an online marketplace where people can donate to charitable causes and have the chance to win various prizes and experiences. It’s a unique crowdfunding 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. They are the most reputable non-profit organizations like UNICEF, After-School All-Stars, Julia’s House, Product Red and Make-A-Wish Foundation.
Donations aren’t necessary to be entered into a contest but they do earn you extra contest entries as well as other perks. Users can decide what charity they want to donate to. Every contest comes with 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’ll want to read the rest of our article for a more comprehensive review of Omaze.
What is the process behind Omaze work?
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Omaze believes that everyone should be able to be a part of fundraising. Traditionally, charities depended on fundraising events where only the famous and wealthy were invited to. Omaze set out to open up auctions for charities with its unique fundraising method. It allows everyday citizens to donate to the charity they choose starting at just $10.
Two ways to enter. You can donate, or participating for free. It is possible to enter any contest without donating, but you earn additional entries depending on the amount you donate. The higher your donation, the more prizes you’ll win.
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 are able to give as many times as you’d like. But, there is a maximum Entry limit that varies depending upon the amount of prize.
To enter for free visit the Experience or Prize page on the website. Click the “enter without contributing link” and follow the instructions. You’ll be required to complete a form. After submitting the form you will receive a specific number of entries. The form can be submitted at any time you’d like, however you will be subject to a certain entry limit.
Omaze has received some criticism regarding what percentage of prize goes toward the actual charity. For the most expensive prizes, only about 10-15 percent of the donation goes to the charity. The company has replied that 10 percent is a significant amount. The remaining donation is used to cover expenses for marketing and operational costs to continue to run the business. What matters is that people are motivated to contribute due to the attractive prizes.
For less expensive prizes The company claims that 60 percent of the donation goes to charity.
Donations made on the site are directly donated towards Charities Aid Foundation America (CAF America). It’s a nonprofit organization that has partnered with Omaze in making fundraising easy as well as safe and efficient. CAFA uses donations to fund grants to charitable organisations.
Omaze offers a wide range of incredible prizesthat they refer to as experiences. These prizes include luxurious cars and dream homes, a possibility to see your favorite celebrity or have a unique journey.
Here are some examples of the previous and present prizes offered by Omaze:
- The chance to take home the multimillion-dollar Miami dream house
- A trip to Japan specifically designed for you
- An unforgettable safari with a luxurious stay in Giraffe Manor in Kenya
- An opportunity to get 2 seats for one of the very first Virgin Galactic flights to space
- Private meet and greet featuring Dwayne “The Rock” Johnson
- A luxurious trip 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 has a constant stream of new campaigns and enticing prizes. Check their website to see more prizes with the details. Also, you can view previous prizes as well as the winners. For previous contests you can also view the amount that the charity received.
Who started Omaze?
Omaze was founded at the end of 2012 in 2012 by Ryan Cummins and Matt Pohlson. According to the website, they got the idea after attending an auction for charity. The item up for bidding was their ideal trip including a basketball game as well as dinner together with Magic Johnson. However, the bidding went so high that they ended up being outbid. The prize raised only $15,000.
They couldn’t comprehend why such a big prize only brought in a small amount for a great cause. They also believed that this fundraiser was only available to rich people only. They believed that amazing events like this should not be restricted to a few wealthy individuals.
So they decided to develop a new kind of fundraising that could be available to a substantial amount of people.
This fundraiser would be made available online, so anyone could take part. Participants wouldn’t require a lot of funds to participate this event, which could increase participation and raise more funds in support of the organization.
They think that charities should feel better about marketing themselves through this platform since it’s for a great cause. Their platform allows charities to reach out to a broader market in a way that is appealing to raise funds.
Is Omaze legit?
While the business has been the subject of some criticism, it appears that they’re legitimate. They have raised more than $100 million for charity , and have awarded the prizes promised to participants. A lot of big-name celebrities have also supported and advocated on behalf of the organization.
Many winners have also spoken regarding the prize they have received. Some are also featured on Omaze’s Omaze channel. Omaze Youtube channel.
Omaze is also accredited by the Better Business Bureau with an A+ rating. Omaze Norway Lofoten Island Trip
Since it’s a for-profit organization, Omaze takes around 20 percent of donations. Suppose you want all your contributions to go to the non-profit. In that situation, you may think about donating direct to the nonprofit or charity instead. The best part with Omaze is that you get to contribute and, simultaneously, get the chance to be awarded a fantastic experience. This makes it appealing to a broader number of people. If you’re looking for unique experiences, then Omaze is an excellent opportunity.
Cost and Price Plans
Omaze lets you make donations for as low as $10. If the amount you donate increases, the percentage of entries also increases, and the equivalent for 1 entry decreases. For example $150 is equal to 2000 entries, which means 1 entry for every 7 cents that are donated. Omaze Norway Lofoten Island Trip
Here are the amounts for donations that are equivalent to the number of entries:
- $20 = 20 entry
- $25 = 250 entries (most popular option according to the site)
- $50 = 500 entries
- $1200 = $100
- 150 = 2000 entry
According to Omaze the company, they take approximately 12% to 20% of net funds. These funds are used to cover expenses for operations, like advertising, content creation, and processing fees for payments. Around 60%-70% of funds go to charity.
To make it more specific, here’s how it differs between non-celebrity prizes and celebrity prizes. For prizes that are awarded to celebrities, which are typically less expensive 60% of the money is given to charities and 25% goes to Omaze. For higher-end prizes, like vacations, cars, or cash, 15% of the amount goes to charity and 65% to 75% goes to Omaze.
Omaze is currently unable to provide refunds as donations are made to charitable causes. However, if you encounter any issues about your transactions, you should contact Customer Service as soon as possible.
Customer Service Contact Info
If you have queries, issues or concerns. In this case you can submit them directly to their website through the Support Center and Submit a Request link. You can also find 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 with the possibility to win exclusive prizes and experience. It’s a legitimate company which has been in operation for a number of years. It has assisted numerous charities achieve their goals by raising money for them. The unique fundraising method gives everyone the opportunity to experience incredible experiences once in a lifetime.
Omaze is a different method to give to charities. However, it has received 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 you’re looking to donate money to a charity and make sure the entire amount goes to them, then you can donate straight to your charity. But if you’re interested in the amazing prizes offered by Omaze you can donate to Omaze instead. You get the chance to win prizes while also contributing to a worthy cause.
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Where is Omaze 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). Because CAFA is a US charity and all donations made by US donors via the Omaze platform are tax-deductible to the extent the law allows. If, however, your donation comes with an experience perk then the value of the experience perk will be deducted. So if you donate $100 and receive an experience worth $75, your tax-deductible contribution is $25.
Are there any Omaze scams?
Although Omaze is being criticized by numerous people online as a fraud however, the company is completely legitimate. They are able to raise funds to benefit the organizations involved and also award participants according to the promises. To ensure your safety ensure that you make your donation through Omaze’s Omaze official Omaze site only. Double-check to see if the website is genuine or not prior to donating your money.
What are the chances of winning?
The more you donate the more likely you are of winning, as a greater donation equals a larger number of entries. You can however take part without contributing, which qualifies you for a certain number of entries.
What is the process to confirm that they have a winner?
Once the contest has closed the winner will be randomly drawn via an encryption-secure cryptographically secured random number generator. Following the random drawing process, the Omaze team completes the process of confirming winners. More information about the procedure at their site.
How do they contact and to announce winners?
An Omaze representative informs the winner of the contest via email. The winner is given 24 hours to respond to the email sent. The Omaze could contact them with an planned video conference as well. After a winner is been confirmed and responded to their initial emails, they must accept the paperwork provided to them through an Events Team as part of the process of confirming the winner.
Note that Omaze will never reach out to winners via social media. Instead, it will contact them by email.
How does Omaze earn money?
As a for-profit organization, Omaze receives a 20% fee on net increases from their campaigns. To ensure that they are functioning, this fee can be used to fund operational costs, such as advertising, content creation and processing fees for payments.