Omaze can be described as an online marketplace where people can make donations to charities and get a chance to get various prizes and experience. It’s a unique crowdfunding method of raising money. Based on the information provided by the firm, the users have raised over 150 million dollars, and have benefited more than 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 as well as Make-A-Wish Foundation.
Donations aren’t necessary to be entered into a contest but they earn extra contest entries and other perks. Users are able to choose the cause they’d like to contribute to. Every contest comes with its own distinct prize, from luxury cars to once-in-a-lifetime experience.
Before you continue, you may want to watch this video by The Entrepreneur on YouTube that gives a quick review. Afterward, you’ll want to read the rest of our article for a more comprehensive review of Omaze.
How does Omaze function?
Omaze believes that every person should have the chance to take part in fundraising. In the past, charitable organizations typically depended on fundraising events where only the rich and famous could attend. Omaze set out to open up auctions for charities with its unique fundraising model. This means that everyday people can donate to the charity of their choice starting at just $10.
There are two ways to enter. One is by donating, or taking part for free. You can enter any contest without donating and you’ll earn extra entries depending on the amount you donate. The more you donate will result in more prize entries you’ll get.
To make a donation, go to “Enter Now” from the Experience or Prize page on the website. Then choose a donation amount and follow the directions to fill in your details. You can donate as many times as you want. There is however an entry limit for each person that is dependent upon the amount of prize.
To enter for free visit the Experience or Prize page on the website. Select the “enter without contributing link” and follow the directions. You’ll be required to complete a form. Upon submitting the form, you will receive a particular amount of entries. The form can be submitted at any time you like, but again, you will be subject to a certain Entry limit.
Omaze has received some criticism over how much of the prize goes toward the actual charity. For expensive prizes, only 10 to 15 percent of the money is donated to charity. The company has responded with the statement that 10% still a significant amount. The rest of the donation will be used to pay the costs of marketing and operations to ensure that they are running. What matters is that people are motivated to donate because of the attractive prizes.
For less expensive prizes, the company reports that 60 percent of the donation goes to charity.
Donations made through the site are directly donated into Charities Aid Foundation America (CAF America). It’s a public charity that has partnered with Omaze in making fundraising easy as well as safe and efficient. CAFA uses donations to fund grants for charitable organizations.
Omaze provides a range of incredible prizesthat they refer to as experiences. The prizes include luxurious vehicles and dream homes, the chance to meet your favorite celebrity, or a once-in-a-lifetime trip.
Here are a few examples of the previous and current prizes offered by Omaze:
- The chance to take home an enviable multimillion dollar Miami dream house
- A trip to Japan curated just for you
- An unforgettable safari with a luxurious stay in Giraffe Manor in Kenya
- A chance to be the first to win two seats on one of the first Virgin Galactic flights to space
- A private meet and greet with Dwayne “The Rock” Johnson
- A luxurious trip to a spa resort in Thailand
- First-class plane tickets to anywhere in the world
- The chance to win luxurious vehicles and other vehicles
Omaze is constantly offering new promotions and attractive prizes. Visit their website to see more prizes , including the prize information. It also provides previous prizes and the winners. For contests that have been held previously you will also be able to see how much the charity received.
Who came up with Omaze?
Omaze was created on the 12th of December 2012, in 2012 by Ryan Cummins and Matt Pohlson. The website says that they had the idea when they went to an auction benefitting charity. The auction item was their dream experience: a basketball game and meal with Magic Johnson. The bidding was so high that they were 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 method of fundraising was restricted to wealthy people only. They thought that incredible experiences such as this shouldn’t be restricted to a few wealthy individuals.
Then they came up with an innovative method of fundraising that would be available to a large amount of people.
This fundraiser would be made available online, so anyone could take part. Participants wouldn’t require an enormous amount of money to enter, which would increase participation and raise more money for the charity.
They also think that charities should feel better about advertising themselves on the platform, since it’s a great cause. Their platform allows charities to communicate with a larger audience in an attractive way to raise funds.
Is Omaze legitimate?
While the company has faced some criticism, it seems that they’re actually legitimate. So far, they have raised more than 100 million dollars for charity and have distributed the prizes to the participants in accordance with their promises. Many famous celebrities have also endorsed and advocated on behalf of the organization.
Several winners have also spoken of the awards they received. They are also featured on Omaze’s Official Omaze Youtube channel.
Omaze is also certified with Omaze is also accredited by Better Business Bureau with an A+ rating. Omaze/Ozzy
Because it’s a not-for-profit company, Omaze takes around 20 percent of donations. Suppose you want all of your donations to be donated to a non-profit. If that is the scenario, you could consider donating straight to the charity or charity instead. However, the fun part of Omaze can be that you have the chance to contribute and simultaneously getting to be awarded a fantastic experience. This makes it very appealing to a broader number of people. If you’re seeking unique experiences Then Omaze is a great chance.
Cost and Price Plans
Omaze lets you donate for as low as $10. If the amount you donate increases, the number of entries will also increase, and the equivalent for 1 entry decreases. For example 150 dollars equals 2000 entries. This is one entry for every seven cents given. Omaze/Ozzy
Here are the donation amounts with the equivalent quantity of entries
- $20 = 20 entry
- $25 = 125 entries (most sought-after option according to the site)
- $500 = $50 entries
- $1200 = $100
- $150 = 2000 entries
According to Omaze the company, they take around 12%-20% of the net profits. The money is used to fund expenses for operations, like marketing, content creation, and processing fees for payments. About 60%-80% of the funds are donated to charities.
To be more precise This is how it differs between the celebrity and non-celebrity prizes. For prizes that are awarded to celebrities, which are typically less expensive 60percent of prize goes to charity and 25 percent is given to Omaze. For more expensive prizes like cars, vacations or cash, 15percent of amount goes to charity while 65%-75 percent goes to Omaze.
Omaze currently doesn’t offer refunds because donations are made to charitable causes. However, if you have any questions with your transaction You should get in touch with Customer Service as soon as possible.
Customer Service Contact Info
If you have any concerns, doubts, questions or concerns. In this case, you may submit 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 is an online fundraising platform that lets people donate to charities in exchange for the chance to win exclusive prizes as well as experiences. It’s a legitimate organization that has been operating for several years now. It has helped various charities reach their goals by making donations for them. Its unique fundraising model gives everyone the opportunity to enjoy incredible experiences once in a lifetime.
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 goes to charity. It’s understandable, since Omaze is a commercial enterprise which is a profit-making organisation. If your goal is to simply donate to a charity and make sure that the entire amount goes to them, then donate straight to your charity. If you’re interested in the amazing prizes offered by Omaze, then donate through Omaze instead. You get the chance to win prizes while also contributing to a worthy cause.
Where is Omaze where is it based?
Omaze is based in Los Angeles, California.
Can my tax-deductible contribution be deducted?
All Omaze donations go to Charities Aid FoundatAmerica ion (CAFA). Since CAFA is an US charity, all donations made by US donors using the Omaze platform can be tax-deductible as long as the law allows. If, however, your donation is made in conjunction with an experience perk that is worth more than the perk will be subtracted. So if you donate $100 and earn an experience worth 75 dollars, the tax-deductible contribution would be $25.
Do you know of any Omaze scams?
Even though Omaze has been criticized by numerous people online as a scam, the company is totally legitimate. It can raise money to benefit the organizations involved and award participants as promised. To protect yourself ensure that you make your donation through the authentic Omaze website only. Check to make sure the website is fake or not before donating your money.
What are the chances of winning?
The more you give the more likely you are of winning because a larger donation equals a larger amount of entries. But, you are able to enter 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 chosen using a cryptographically secure randomly generated number generator. After the random draw process Omaze’s team will complete the process of confirming winners. You may view more information about the procedure on their website.
How do they contact and announce winners?
An Omaze representative notifies the potential winner via email. The potential winner has up to 24 hours to respond to the initial email. The Omaze could respond with a scheduled video call as well. Once a potential winner has responded to and confirmed an initial message, they must accept the paperwork provided to them by the Events Team as part of the winner confirmation process.
Note that Omaze will never reach out to winners via social media. It will only contact them via email.
How does Omaze make money?
Omaze is a non-profit company. Omaze is able to collect a 20% fee on net raises generated by their campaigns. To ensure they stay operating the fee is used to pay for operating expenses, including advertising, content creation, and payment processing fees.