Omaze offers an online service on which users can give to charities and also be the winner of various prizes and experiences. It’s an innovative approach to raising money. Based on the information provided by the firm, the users have raised over 150 million dollars and have supported more than 350 charities. These charities are located across the globe. These charities are renowned non-profit organizations such as 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 do earn you extra contest entries and other perks. The contestants can choose which cause they’d like to contribute to. Every contest comes with its own special prize, ranging from luxury cars to unforgettable experiences.
Before you continue, you may want to check out this video by The Entrepreneur on YouTube that gives a quick review. Afterward, you’ll want to read the rest of the article for a more comprehensive review of Omaze.
How does Omaze function?
Omaze believes that everyone deserves the opportunity to take part in fundraising. Traditionally, charitable organizations usually depended on fundraising events where only the wealthy and famous attended. Omaze was founded to make auctions for charity through its unique fundraising method. This means that everyday people can give to the charity they choose starting at just $10.
You have two options you can enter. You can donate, while the other option is entering for free. It is possible to enter any contest for free, but you earn additional entries based on how much you give. The greater your donation 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 steps to fill in your details. You are able to give as many times as you like. But, there is an upper limit on entries that is dependent on the 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 instructions. You’ll be required to complete an online form. When you submit the form, you will receive a particular amount of entries. You can submit the form at any time you like, but again you will be subject to a certain Entry limit.
Omaze has received some criticism regarding its contribution to charity. donation goes toward the actual charity. For the most expensive prizes, only 10 to 15 percent of the money is donated to charity. The company has replied that 10 percent is an amount that is significant. The remainder of the money will be used to pay expenses for marketing and operational costs to continue to run the business. It is important that people are motivated to donate because of the attractive prizes.
For prizes that are less costly The company says that 60% of the money goes to charity.
Donations made through the website go directly into Charities Aid Foundation America (CAF America). It’s a non-profit organization which has joined forces with Omaze in making fundraising easy, safe, and effective. CAFA utilizes donations to help fund grants to charitable organizations.
Omaze offers a wide range of amazing prizes, which they refer to as Experiences. The prizes include luxury cars and dream homes, the possibility to see your favorite celebrity, or a once-in-a-lifetime travel experience.
Here are a few examples of the previous and current prizes provided by Omaze:
- The chance to win a multimillion-dollar Miami dream house
- A vacation in Japan curated just for you
- A memorable safari experience with a luxurious stay in Giraffe Manor in Kenya
- A chance to win two seats on one of the very first Virgin Galactic flights to space
- A private meet and meet and greet featuring Dwayne “The Rock” Johnson
- A luxurious trip to a spa resort in Thailand
- First class plane tickets to any destination in the world.
- A chance to win luxury vehicles and other vehicles
Omaze is constantly offering exciting new campaigns and prizes. Visit their website to view more prizes , including the prize information. You can also see previous prizes as well as the winners. For previous contests you can also view the amount that the charity received.
Who came up with Omaze?
Omaze was launched at the end of 2012 by Ryan Cummins and Matt Pohlson. As per the site, they had the idea when they went to an auction for charity. The item that was up for auction was their dream experience: a basketball game and dinner in the company of Magic Johnson. But, the bidding was so high that they ended up being outbid. The prize ended up raising only $15,000.
The two couldn’t figure out why such a big prize only raised a small amount for a good cause. They also believed that this fundraiser was only available to rich people only. They felt that extraordinary events like this should not be restricted to a small number of wealthy people.
They decided to create a new kind of fundraising that could be available to a more large variety of people.
The fundraising will be accessible online, so everyone could participate. It wouldn’t take much cash to participate this event, which could make it easier for more people to participate and raise more money in support of the organization.
They think that charities should feel better about advertising themselves on this platform because 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 seems that they are indeed legitimate. So far, they have raised more than 100 million dollars for charity and have distributed the prizes to participants as promised. Numerous famous personalities have also been a part of the campaign and lobbied for the platform.
A number of winners have also talked of the awards they have won. They are also featured on their official Omaze Youtube channel.
Omaze is also accredited as a member of the Better Business Bureau with an A+ rating. Omaze Profit
Since it’s a for-profit organization, Omaze takes around 20 percent of donations. Imagine you want all your contributions going to a non-profit. In this case, you might consider donating direct to the nonprofit organization or charity instead. But the best thing with Omaze can be that you get to contribute and, at the same time getting to get a great experience. This makes it appealing to a wider range of people. If you’re interested in once-in-a-lifetime experiences Then Omaze is a fantastic opportunity.
Cost and Price Plans
Omaze allows you to donate as low as $10. If the amount you donate increases, the percentage of entries will also increase, and the equivalent for 1 entry decreases. For example $150 is equal to 2000 entries, which is one entry for every seven cents that are donated. Omaze Profit
Here are the donations amounts that are equivalent to the quantity of entries
- $20 = 20 entry
- $25 = $25 = 125 entries (most sought-after option according to the website)
- $50 = 500 entries
- 100$ = 1200 entry
- $150 = 2000 entries
According to Omaze their business, it takes approximately 12% to 20% of net funds. The money is used to fund operating expenses, including advertising, content creation, and payment processing fees. About 60%-80% of the money goes to charities.
For a more precise understanding Here’s the difference between celebrity prizes and non-celebrity prizes. For celebrity prizes that are usually less expensive 60% of the money goes to charity and 25 percent goes to Omaze. For more expensive prizes like vacations, cars, or cash 15percent of amount goes to charity while 65%-75% goes to Omaze.
Omaze currently doesn’t provide refunds as the donations are for charitable causes. If you do have any concerns regarding your transactions, you should contact Customer Service as soon as possible.
Customer Service Contact Info
If you have any concerns, queries, issues, or complaints. If so, you may submit them directly to their site via the Support Center and Submit a Request link. There is also a wealth of information and find frequently asked questions at the Support Center.
Omaze can be described as an internet-based platform for fundraising that lets people donate to charities with the possibility to win prizes that are unique as well as experiences. It’s a legitimate company which has been in operation for several years now. It has helped various charities to achieve their goals through raising funds for them. The unique fundraising method allows everyone to have the chance to gain incredible experiences once in a lifetime.
Omaze is a different method to make a donation to charities. It has however, received criticism for how much money actually goes to charity. However, it’s understandable since Omaze is a company and is a non-profit company. If your goal is to simply donate to a charity and make sure that all proceeds go to them, then you can donate direct to charity. If you’re interested in one of Omaze’s fabulous prizes you can donate to Omaze instead. It’s a win-win situation since you have the chance to win a prize while donating to a great cause.
FAQS Omaze Profit
Where is Omaze where is it based?
Omaze is located in Los Angeles, California.
Can my tax-deductible contribution be deducted?
All Omaze donations are made through Charities Aid FoundatAmerica ion (CAFA). Because CAFA is a US charity that accepts donations from US donors using Omaze are tax-deductible. Omaze platform are tax-deductible in the amount the law allows. However, if your contribution is accompanied by an experience perk that is worth more than the perk will be reduced. For example, if you make a donation of $100 and get a perk worth $75, then your tax-deductible donation is $25.
Do you know of any Omaze scams?
Even though Omaze is being criticized by a lot of people on the internet as a fraud but the business is legitimate. It can raise money to benefit the organizations involved and award participants as promised. To protect yourself ensure that you give your money to the Omaze official Omaze website only. Check to make sure the website is genuine or not prior to donating your money.
What are the chances of winning?
The more you give the more likely you are of winning, as a greater donation equals a more significant amount of entries. However, you can still enter without contributing, which qualifies you for a certain number of entries.
How do they confirm the winner?
Once the contest has closed, a potential winner is randomly drawn via an encrypted and secure randomly generated number generator. After the random draw process, the Omaze team completes the process of confirming winners. More details on the procedure through their official website.
How do they contact and the winners?
An Omaze representative will notify potential winners via email. The potential winner has 24 hours to respond to the email sent. The Omaze can follow up with a scheduled video conference, too. If a winner has been confirmed and responded to an initial message, they need to accept the paperwork provided to them through The Events Team as part of the confirmation process for winners.
Note Omaze does not contact winners via social media, only through email.
How does Omaze make money?
As a not-for-profit entity, Omaze collects a 20% fee on net increases from their campaigns. To ensure they stay up and running this amount can be used to fund the operational expenses like advertising, content creation and processing fees for payments.