Omaze can be described as an online marketplace where people can make donations to charities and get a chance to win various prizes and experiences. It’s a unique crowdfunding approach to fundraising. According to the company, its users have raised over 150 million dollars and have supported more than 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, and Make-A-Wish Foundation.
Donations aren’t necessary to participate in a contest, however, they can earn additional contest entries and other perks. Users can decide what cause they’d like to contribute to. Each contest has 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 overview. After, you will want to read the rest of our article for a more comprehensive review of Omaze.
How does Omaze work?
Omaze believes that everyone should have the chance to be a part of fundraising. In the past, charitable organizations typically depended on fundraising events where only the famous and wealthy attended. Omaze set out to open up auctions for charities with its unique fundraising method. This means everyday people can give to the charity they choose starting at just $10.
There are two ways you can enter. You can donate, or entering for free. You can enter any contest with no donation and you’ll earn extra entries depending on the amount you contribute. The greater your donation is, the more prize entries you’ll receive.
To make a donation, go to “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 donate as many times as you want. However, there is a maximum Entry limit that is dependent on the prize.
To be eligible for a free entry visit the Experience or Prize page on the website. Click on the “enter without contributing link” and follow the directions. You will need to accomplish a form. Upon submitting the form, you will receive a specific number of entries. You can submit the form multiple times as you like, but again you will be subject to a certain entry limit.
Omaze has received some criticism regarding how much of the donation goes toward the actual charity. For expensive prizes, only around 10-15 percent of the proceeds go to the charity. The company has responded to say that 10% is an amount that is significant. The rest of the donation will be used to pay operational and marketing costs to continue to run the business. The most important thing is that people are encouraged to contribute due to the attractive prizes.
For prizes that are less costly, the company reports that 60 percent of the prize is given to charities.
Donations made through the website are directly donated into 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 organizations.
Omaze offers a wide range of amazing prizes, which they refer to as Experiences. The prizes include luxury cars as well as dream homes, a chance to meet your favourite celebrity and a once-in-a lifetime travel experience.
Here are some examples of the previous and present prizes offered by Omaze:
- The chance to be the owner of the multimillion-dollar Miami dream home
- A vacation in Japan specially designed for you
- A memorable safari experience as well as a stay at Giraffe Manor in Kenya
- The chance to get two seats on one of the very first Virgin Galactic flights to space
- An exclusive meet and greet for 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 vehicles and other vehicles
Omaze has a constant stream of exciting new campaigns and prizes. Visit their website to view more prizes with the information. Also, you can view previous prizes and the winners. For contests that have been held previously you will also be able to see the amount the charity received.
Who was the person who started Omaze?
Omaze was founded at the end of 2012 through Ryan Cummins and Matt Pohlson. As per the site, they got the idea after they attended a charity auction. The item up for bidding was their ideal trip: a basketball game and dining in the company of Magic Johnson. The bidding was to the point that they were outbid. The prize ended up raising just $15,000.
The two didn’t understand why such a huge prize only raised a tiny amount for a good cause. They also thought that the fundraiser was only available to rich people only. They felt that extraordinary experiences such as this shouldn’t be restricted to a small number of wealthy individuals.
They decided to create a new kind of fundraising, which would be available to a more large number of people.
The fundraising will be accessible on the internet, which means that everyone can take part. Participants wouldn’t require an enormous amount of money to enter this event, which could encourage more participants and help raise more money in support of the organization.
They believe that charitable organizations can feel more confident about advertising on the platform, since it’s an excellent cause. The platform lets charities communicate with a larger market in a way that is appealing to raise more funds.
Is Omaze real?
While the business has been the subject of some criticism, it appears that they are indeed legitimate. As of now, they’ve collected more than $100 million for charity and have awarded the prizes to the participants in accordance with their promises. Numerous famous personalities have also endorsed and advocated on behalf of the organization.
Many winners have also spoken of the awards they have won. They also have a video on Omaze’s Official Omaze Youtube channel.
Omaze is also accredited as a member of the Better Business Bureau with an A+ rating. Omaze/Pp3
Since it’s a for-profit organization, Omaze takes around 20 percent of donations. Suppose you want 100% of your donations going to a non-profit. In this scenario, you could think about donating direct to the nonprofit or charity instead. But the best thing about Omaze is the fact that it allows you to get to do something positive and in the process getting to get a great experience. This makes it a great attraction to a larger number of people. If you’re looking for unique experiences Then Omaze is a fantastic opportunity.
Cost and Price Plans
Omaze lets you make donations for as low as $10. As the donation amount increases, the number of entries also increases, and the value of one entry decreases. For example $150 is equal to 2000 entries. This is one entry for every seven cents donated. Omaze/Pp3
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 website)
- $50 = 500 entries
- $100 = 1,200 entries
- 150 = 2000 entry
According to Omaze their business, it takes approximately 12% to 20% of net profits. This is used to fund expenses for operations, like advertising, content creation and processing fees. About 60%-80% of the funds are donated to charities.
To make it more specific Here’s the difference between celebrity prizes and non-celebrity prizes. For celebrity prizes that are usually less expensive 60percent of prize is given to charities, while 25 percent goes to Omaze. For higher-end prizes, like automobiles, vacations, or cash 15% of the money goes to charity while 65%-75 percent is given to Omaze.
Omaze currently does not provide refunds as the money is donated to charitable causes. However, if you have any concerns with your transaction, you should contact Customer Service as soon as possible.
Customer Service Contact Info
If you have doubts, questions or issues. In this case you can submit them directly to their website via using the Support Center and Submit a Request link. You can also access details and frequently asked questions at the Support Center.
Omaze is an online platform for fundraising that allows people to donate to charitable organizations in exchange for the chance to win exclusive prizes and experience. It’s a legitimate organization that has been running for several years now. It has helped various charities achieve their goals by making donations for them. The unique fundraising method allows everyone to have the opportunity to enjoy incredible experiences once in a lifetime.
Omaze is a different way to give to charities. However, it’s received a lot of critiques regarding how much actually is donated to charities. It’s understandable, since Omaze is a business which is a profit-making organization. If your intention is to donate money to a charity and make sure that 100% goes to them, then donate direct to charity. If you’re interested in one of Omaze’s fabulous prizes you can donate to Omaze instead. You have the chance to win prizes while also contributing to a great cause.
Where is Omaze located?
Omaze is based at 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 that accepts donations from US donors through the Omaze platform can be tax-deductible as long as the law allows. However, if your donation comes with an experience-based perk then the value of the perk will be subtracted. For example, if you make a donation of $100 and receive an experience perk of $75, then your tax-deductible contribution would be $25.
Do you know of any Omaze frauds?
Although Omaze is being criticized by a lot of people on the internet as a scam, the company is totally authentic. It can raise money to benefit the organizations involved and reward participants in accordance with their promises. To ensure your security be sure to make your donation through the authentic Omaze web site. Verify if the website is fake or not prior to making a donation of your money.
What are the odds of winning?
The more you donate the more likely you are of winning since a higher donation equals a greater amount of entries. But, you are able to enter without contributing to qualify for a set amount of entries.
How do they confirm that they have a winner?
Once the contest has closed after the contest has ended, a winner could be randomly chosen using a cryptographically secure random number generator. After the random draw process Omaze’s team finishes the winner confirmation process. You may view more details about the process through their official website.
How can they get in touch with them? to announce winners?
An Omaze representative will notify the winner of the contest via email. The potential winner has up to 24 hours to respond to the email sent. The Omaze can follow up with a planned video call as well. After a winner is responded to and confirmed the initial email, they will need to accept the paperwork provided to them through an Events Team as part of the confirmation process for winners.
Do note Omaze does not contact winners via social media, only through email.
How does Omaze earn money?
As a not-for-profit entity, Omaze receives a 20% fee on net raises generated by their campaigns. To ensure they stay up and running this amount is used to pay for the operational expenses like advertisements, content creation, and payment processing fees.