Omaze can be described as an online marketplace on which users can give to charities and have the chance to win various prizes and experiences. It’s a unique crowdfunding approach to raising funds. According to the company, users have raised more than 150 million dollars and supported more than 350 charities. These charities are located across the globe. These charities are major credited non-profit organizations such as UNICEF, After-School All-Stars, Julia’s House, Product Red, and Make-A-Wish Foundation.
Donations are not required to be entered into a contest but they earn extra contest entries as well as other perks. The contestants can choose which charity they would like to donate to. Every contest comes with its distinct prize, from luxury cars to once-in-a-lifetime experiences.
Before you go on, you may want to check out this video by The Entrepreneur on YouTube that gives a quick overview. Afterward, you’ll want to read the rest of our article for a more comprehensive review.
How does Omaze work?
Omaze believes that everyone should have the chance to participate in fundraisers. In the past, charitable organizations typically relied on fundraising events that only the famous and wealthy were invited to. Omaze was founded to make charity auctions through its unique fundraising method. It allows everyday citizens to donate to the charity they choose for as little as $10.
Two ways to participate. The first is through donating and the other is by taking part for free. It is possible to enter any contest for free, but you earn additional entries depending on the amount you donate. The higher your donation will result in more prize entries you’ll receive.
To donate, select “Enter Now” from the Experience or Prize page on the website. Then choose a donation amount and follow the directions to provide your information. You can make donations as often as you like. However, there is an upper limit on entries which varies based upon the amount of prize.
For a chance to win 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. After submitting the form you will receive a particular amount of entries. You may submit the form at any time you want, however you will be subject to a certain entry limit.
Omaze has been criticized regarding how much of the prize goes to the charity. In the case of expensive prizes, about 10-15 percent of the money is donated to charity. The company has stated with the statement that 10% 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 enticed to donate because of the attractive prizes.
For prizes that are less costly The company claims that 60% of the money is given to charities.
Donations made on the site go directly to Charities Aid Foundation America (CAF America). It’s a nonprofit organization which has partnered with Omaze to make fundraising simple, safe, and effective. CAFA utilizes donations to help fund grants to charitable organisations.
Omaze provides a range of incredible prizesthat they refer to as experiences. The prizes include luxurious vehicles as well as dream homes, the possibility to see your favorite celeb or have a unique travel experience.
Here are a few examples of the previous and current prizes provided by Omaze:
- Chance to take home the multimillion-dollar Miami dream house
- A vacation in Japan curated just for you
- An unforgettable safari and stay at Giraffe Manor in Kenya
- The chance to win two seats on one of the very first Virgin Galactic flights to space
- Private meet and meet and greet for Dwayne “The Rock” Johnson
- A luxurious trip to a wellness resort 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 exciting new campaigns and prizes. Check their website to see more prizes , including the prize information. It also provides previous prizes and the winners. For previous contests you can also view the amount that the charity received.
Who started Omaze?
Omaze was created at the end of 2012 by Ryan Cummins and Matt Pohlson. According to the website, they got the idea after they attended an auction benefitting charity. The item that was up for auction was their ideal experience: a basketball game and dinner with Magic Johnson. The bidding was so high that they ended up being outbid. The prize raised only $15,000.
The two didn’t understand the reason why a prize of this magnitude only brought in a small amount for a good cause. They also thought that the fundraising model was limited to those who are wealthy. They thought that incredible events like this should not be accessible only to a small number of wealthy people.
Then they came up with a new kind of fundraising that would be available to a large number of people.
This fundraiser would be made available online, so everyone could take part. Participants wouldn’t require a lot of cash to participate and increase participation and to raise money to support the cause.
They also think that charities ought to feel more comfortable advertising on this platform since it’s for a great cause. The platform lets charities connect with a wider public in a more appealing way to raise more funds.
Is Omaze real?
Although the company has received some criticism, it seems that they are indeed legitimate. They have raised over $100 million for charity , and have distributed the prizes to participants as promised. A lot of big-name celebrities have also endorsed and advocated on behalf of the organization.
Several winners have also spoken of the awards they won. They are also featured on their official Omaze Youtube channel.
Omaze is also certified with The Better Business Bureau with an A+ rating. Omaze Space
Since it’s a for-profit organization, Omaze takes around 20 percent of donations. If you wish to have all of your donations to go to the non-profit. In this case, you might decide to donate directly to the non-profit organization or charity instead. The best part with Omaze is the fact that it allows you to get to make a difference and, simultaneously you can receive a wonderful experience. This makes it a great attraction to a broader number of people. If you’re interested in once-in-a-lifetime experiences and experiences, then Omaze is a fantastic opportunity.
Cost and Price Plans
Omaze lets you donate for just $10. If the amount you donate increases, the percentage of entries will also increase, and the amount equivalent to 1 entry decreases. For example $150 is equal to 2000 entries. This is 1 entry for every 7 cents that are donated. Omaze Space
Here are the donations amounts with the equivalent number of entries:
- $20 = 20 entry
- $25 = 250 entries (most sought-after option according to the site)
- $500 = $50 entries
- 100$ = 1200 entry
- $1000 = 2000 entries
According to Omaze their business, it takes around 12%-20% of the net funds. The money is used to cover expenses for operations, like advertising, content creation and payment processing fees. A majority of the funds go to charity.
For a more precise understanding This is how it differs between celebrity prizes and non-celebrity prizes. For prizes that are awarded to celebrities which are generally less expensive sixty percent of donation is given to charities and 25 percent is given to Omaze. For higher-end prizes, like automobiles, vacations, or cash 15percent of money goes to charity and 65% to 75% goes to Omaze.
Omaze currently does not provide refunds as donations are made to charitable causes. However, if you have any questions about your transactions it is recommended to contact Customer Service as soon as possible.
Customer Service Contact Info
If you have any concerns, questions, concerns or issues. In this case you can send your concerns directly to their website through the Support Center and Submit a Request link. You can also find information and answers to frequently asked questions in the Support Center.
Omaze can be described as an internet-based fundraising platform that allows people to donate to charitable organizations in exchange for the chance to win prizes that are unique and experiences. It’s a legitimate company that has been operating for a number of years. It has helped various charities to achieve their goals through making donations for them. Its unique fundraising model gives everyone the opportunity to enjoy incredible experiences once in a lifetime.
Omaze is a different method to make a donation to charities. However, it’s received critiques regarding how much actually is donated to charities. It’s understandable, since Omaze is a company which is a profit-making company. If you’re looking to donate money to an organization and ensure that 100% goes to them, then donate direct to charity. If you’re interested in the amazing prizes offered by Omaze make sure to donate via Omaze instead. You have the chance to be the winner of a prize and also donate to a worthy cause.
FAQS Omaze Space
Where is Omaze based?
Omaze is based within Los Angeles, California.
Can my tax-deductible contribution be deducted?
All Omaze donations go to Charities Aid FoundatAmerica ion (CAFA). Since CAFA is a US charity, all donations made by US donors via Omaze are tax-deductible. Omaze platform can be tax-deductible as long as the law permits. However, if your donation is accompanied by an experience-based perk, the value of the experience perk will be deducted. So if you donate $100 and receive a perk worth $75, then your tax-deductible donation is $25.
Is there any Omaze scams?
While Omaze is being criticized by numerous people online as a scam but the business is legit. They are able to raise funds for charities and award participants as promised. To protect yourself, just make sure to give your money to Omaze’s Omaze official Omaze web site. Verify if the website is genuine or not prior to making a donation of your money.
What are the chances of winning?
The more you give, the higher your chances of winning because a larger donation equals a more significant number of entries. But, you are able to participate without contributing money, which qualifies you for a set number of entries.
What is the process to confirm that they have a winner?
Once the contest has closed after the contest has ended, a winner could be randomly selected using an encryption-secure cryptographically secured random-number generator. After the random draw process Omaze’s team will complete the confirmation of the winner. You may view more information about the procedure on their website.
How do they reach them and the winners?
An Omaze representative informs the winner of the contest via email. The potential winner has up to 24 hours to reply to the email sent. The Omaze may contact them with an planned video call as well. If a winner has responded to and confirmed the initial email, they must complete the form provided by the Events Team as part of the winner confirmation process.
Note that Omaze will never contact 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 raises generated by their campaigns. To keep them operating this amount is used to cover operational costs, such as advertising, content creation and processing fees.