Omaze can be described as an online marketplace that allows users can donate to charitable causes and also win various prizes and experiences. It’s an innovative approach to raising funds. According to the company, the users have raised over 150 million dollars and supported over 350 charitable organizations. These charities are located across the globe. 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 required to enter a contest, but they earn extra contest entries and other perks. Users can decide what charity they would like to donate to. Every contest comes with its unique prize, from luxurious cars to once-in-a-lifetime experiences.
Before you continue, you may want to check out this video by The Entrepreneur on YouTube that gives a quick overview. After, you will want to read the rest of our article for a more comprehensive review.
What is the process behind Omaze function?
Omaze Pete Holmes
Omaze believes that everyone should have the chance to participate in fundraisers. Traditionally, charities relied on fundraising events that only the rich and famous could attend. Omaze wanted to democratize charity auctions through its unique fundraising method. This means everyday people can make a donation to the charity they choose starting at just $10.
Two ways to enter. You can donate, and the other is by taking part for free. You can enter any contest for free however you will earn extra entries based on how much you contribute. The greater your donation, the more prizes you’ll win.
To donate, click “Enter Now” from the Experience or Prize page on the website. Choose a amount to donate and follow the instructions to enter your personal information. You may make donations as often as you like. However, there is a maximum Entry limit which varies based upon the amount of prize.
To enter for free, go to the Experience or Prize page on the website. Click on the “enter without contributing link” and follow the directions. You’ll need to fill out the form. After submitting the form you will be awarded a certain amount of entries. You can submit the form at any time you like, but again, the form has a limit on entries. Entry limit.
Omaze has faced criticism regarding what percentage of money goes to the charity. In the case of expensive prizes, around 10-15 percent of the donation goes to the charity. The company has stated with the statement that 10% an amount that is significant. The remaining donation will be used to pay expenses for marketing and operational costs to continue to run the business. The most important thing is that people are encouraged to give because of attractive prizes.
For prizes with lower costs The company claims that 60 percent of the donation goes to charity.
Donations made through the site go directly into Charities Aid Foundation America (CAF America). It’s a nonprofit organization which has joined forces with Omaze to make fundraising simple, safe, and effective. CAFA uses donations to fund grants for charitable organizations.
Omaze offers a wide range of incredible prizes, which they call Experiences. The prizes include luxury cars and dream homes, the possibility to see your favourite celebrity and a once-in-a lifetime journey.
Here are some examples of past and current prizes offered by Omaze:
- A chance to take home an enviable multimillion dollar Miami dream house
- A trip to Japan specifically designed for you
- A memorable safari experience as well as a stay at Giraffe Manor in Kenya
- An opportunity to win 2 seats for one of the very 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 plane tickets to any destination in the world
- A chance to win luxury cars and a variety of other vehicles
Omaze has a constant stream of new promotions and attractive prizes. Check their website to view additional prizes and details. Also, you can view previous prizes and winners. For previous contests, you can also see the amount the charity has received.
Who was the person who started Omaze?
Omaze was launched at the end of 2012 in 2012 by Ryan Cummins and Matt Pohlson. According to the website, they came up with the idea after attending a charity auction. The item up for bidding was their ideal trip including a basketball game as well as dinner together with Magic Johnson. But, 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 to support a worthy cause. They also thought that the fundraising model was limited to rich people only. They believed that amazing events like this should not be restricted to a small number of wealthy individuals.
So they decided to develop a new kind of fundraising, which would be available to a substantial amount of people.
This fundraising would be available online, so everyone could participate. People wouldn’t need a lot of cash to participate, 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 since it’s for a great cause. Their platform allows charities to communicate with a larger audience in an attractive way to raise funds.
Is Omaze legit?
Although the company has received some criticism, they appear that they are indeed legitimate. They have collected more than $100 million for charity and have awarded the prizes promised to participants. Numerous famous personalities have also endorsed and advocated on behalf of the organization.
A number of winners have also talked about the prizes they won. Some are also featured on their Official Omaze Youtube channel.
Omaze is also accredited by The Better Business Bureau with an A+ rating. Omaze Pete Holmes
As a non-profit corporation, Omaze takes around 20% of the donations. Imagine you want all of your donations to go to the non-profit. If that is the case, you might think about donating direct to the nonprofit or charity instead. But the best thing about Omaze can be that you have the chance to make a difference and, at the same time 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 an excellent opportunity.
Cost and Price Plans
Omaze allows you to donate just $10. If the amount you donate increases, the percentage of entries also increases, and the equivalent for 1 entry decreases. For instance, a $150 donation equals 2000 entries, which is 1 entry for every 7 cents donated. Omaze Pete Holmes
Here are the amounts for donations that are equivalent to the quantity of entries
- $10 = 20 entries
- $25 = $25 = 125 entries (most popular option according to the site)
- $50 = 500 entries
- 100$ = 1200 entry
- 150 = 2000 entry
According to Omaze, their company takes approximately 12% to 20% of net profits. The money is used to fund expenses for operations, like advertising, content creation, and processing fees for payments. Around 60%-70% of funds are donated to charities.
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 cheaper 60% of the money goes to charity, while 25 percent is given to Omaze. For more expensive prizes like automobiles, vacations, or cash, fifteen percent of money goes to charity and 65% to 75% goes to Omaze.
Omaze is currently unable to offer refunds because the donations are for charitable causes. However, if you have any questions with your transaction, you should contact Customer Service as soon as possible.
Customer Service Contact Info
If you have any concerns, doubts, questions, or complaints. In this case, you may submit them directly to their website via the Support Center and Submit a Request link. You can also find information and find frequently asked questions on the Support Center.
Omaze can be described as an internet-based fundraising platform which allows users to make donations to charities in exchange for the chance to win prizes that are unique and experiences. It’s a legitimate organization that has been running for several years now. It has assisted numerous charities achieve their goals by raising funds for them. Its unique fundraising model gives everyone the opportunity to experience unforgettable experiences that will last a lifetime.
Omaze is a different method to donate to charity. However, it’s received a lot of critiques regarding how much actually is donated to charities. But, this is understandable as Omaze is a company and is a non-profit organisation. If your intention is to donate money to a charity and make sure that the entire amount goes to them, then donate direct to charity. However, if you’re looking to win one of Omaze’s amazing prizes make sure to donate via Omaze instead. It’s a win-win since you have the chance to be the winner of a prize and also donate to a worthy cause.
FAQS Omaze Pete Holmes
Where is Omaze located?
Omaze is headquartered in Los Angeles, California.
Is my contribution tax-deductible?
All Omaze donations are made through Charities Aid FoundatAmerica ion (CAFA). Because CAFA is a US charity and all donations made by US donors using the Omaze platform are tax-deductible to the extent the law permits. If, however, your donation is accompanied by an experience-based perk that is worth more than the perk will be reduced. If you give $100 and get a perk worth $75, then your tax-deductible donation will be $25.
Is there any Omaze frauds?
Although Omaze is being attacked by a lot of people on the internet as a fraud, the company is totally authentic. They can raise funds to benefit the organizations involved and reward participants in accordance with their promises. To protect yourself be sure to donate your money through Omaze’s authentic Omaze website only. Double-check to see if the website is fake or not prior to donating your money.
What are the odds of winning?
The more you contribute, the higher your chances of winning because a larger donation equals a larger number of entries. However, you can still participate without contributing money to qualify for a specific amount of entries.
What is the process to confirm that they have a winner?
When the contest has ended, a potential winner is randomly chosen using a cryptographically secure random-number generator. After the random drawing process Omaze’s team finishes the winner confirmation process. More information about the process through their official website.
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 reply to the email sent. The Omaze could contact them with an planned video conference, too. Once a potential winner has responded to and confirmed their initial emails, they must sign paperwork sent to them from the Events Team as part of the winner confirmation process.
Note Omaze won’t 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 is able to collect a 20% fee on net increases from their campaigns. To ensure they stay up and running, this fee is used to pay for the operational expenses like advertising, content creation, and processing fees.