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 method of fundraising. According to the company, its users have raised over 150 million dollars, and have benefited over 350 charitable organizations. The charities are spread all over the world. These charities are major credited non-profit organizations such as UNICEF, After-School All-Stars, Julia’s House, Product Red, along with Make-A-Wish Foundation.
Donations aren’t required to participate in a contest, but they earn extra contest entries, as well as other benefits. The contestants can choose which charity they want to donate to. Every contest comes with its own unique prize, from luxurious 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 review. Afterward, you will want to read the rest of our article for a more comprehensive review of Omaze.
How does Omaze function?
Omaze believes that everyone deserves the opportunity to participate in fundraisers. Traditionally, charitable organizations usually depended on fundraising events where only the rich and famous attended. Omaze wanted to democratize charity auctions through its unique fundraising model. This means that everyday people can make a donation to the charity they choose for as little as $10.
There are two ways you can enter. The first is through donating and the other is by participating for no cost. You can enter any contest for free, but you earn additional entries depending on the amount you donate. The greater your donation will result in more prize entries you’ll get.
To donate, click “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 make donations as often as you’d like. There is however a maximum Entry limit that is dependent what prize you win.
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 instructions. You’ll be required to complete a form. After submitting the form you will receive a particular amount of entries. You can submit the form as many times as you want, however there is a maximum entry limit.
Omaze has received some criticism regarding what percentage of prize goes to the charity. In the case of expensive prizes, 10 to 15 percent of the donation goes to the charity. The company has replied with the statement that 10% an amount that is significant. The remaining donation is used to pay for expenses for marketing and operational costs to continue to run the business. It is important that people are encouraged to donate because of the attractive prizes.
For prizes with lower costs, the company reports that 60 percent of the donation is given to charities.
Donations made through the site directly go towards Charities Aid Foundation America (CAF America). It’s a non-profit organization that has partnered with Omaze in making fundraising easy as well as safe and efficient. CAFA makes use of donations to pay grants to charitable organisations.
Omaze offers a wide range of incredible prizesthat they call Experiences. The prizes include luxury cars as well as dream homes, the chance to meet your favorite celeb or have a unique journey.
Here are some examples of the past and current prizes that are offered by Omaze:
- The chance to take home a multimillion-dollar Miami dream home
- A vacation in Japan curated just for you
- A memorable safari experience as well as a stay at Giraffe Manor in Kenya
- An opportunity to be the first to win 2 seats for one of the first Virgin Galactic flights to space
- An exclusive meet and greet with Dwayne “The Rock” Johnson
- A luxurious vacation to a wellness retreat in Thailand
- First-class plane tickets to anywhere in the world.
- Chance to win luxurious vehicles and other vehicles
Omaze is constantly offering new campaigns and enticing prizes. Visit their website for more prizes , including the prize information. It also provides previous prizes and winners. For contests that have been held previously 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. According to the website, they had the idea when they went to an auction for charity. The item up for bidding was their dream experience which included a basketball match and dining together with Magic Johnson. However, the bidding went so high that they were outbid. The prize ended up raising only $15,000.
The two couldn’t figure out why such a big prize only brought in a small amount to support a worthy cause. They also thought that the method of fundraising was restricted to those who are wealthy. They believed that amazing experiences like this should not be available only to a few wealthy people.
Then they came up with a new kind of fundraising that would be accessible to a significant variety of people.
This fundraiser would be made available online, so anyone could participate. It wouldn’t take a lot of funds to participate and make it easier for more people to participate and raise more money in support of the organization.
They think that charities ought to feel more comfortable marketing themselves through the platform, since it’s a great cause. Their platform allows charities to communicate with a larger market in a way that is appealing to raise more funds.
Is Omaze legit?
Although the company has received some criticism, it seems that they are indeed legitimate. As of now, they’ve collected more than 100 million dollars for charity and have distributed the prizes promised to participants. Numerous famous personalities have also been a part of the campaign and lobbied on behalf of the organization.
Many winners have also spoken about the prizes they have won. They also have a video on Omaze’s Official Omaze Youtube channel.
Omaze is also certified with The Better Business Bureau with an A+ rating. Omaze Springsteen
As a non-profit corporation, Omaze takes around 20% of the donations. Suppose you want 100% of your donations to be donated to a non-profit. If that is the scenario, you could consider donating direct to the nonprofit organization or charity instead. The best part with Omaze can be that you are able to do something positive and simultaneously, get the chance to get a great experience. This makes it a great attraction to a larger number of people. If you’re looking for unique experiences and experiences, then Omaze is a great chance.
Cost and Price Plans
Omaze lets you donate for starting at just $10. If the amount you donate increases, the number of entries will also increase, and the amount equivalent to 1 entry decreases. For example $150 is equal to 2000 entries. This is one entry for every seven cents that are donated. Omaze Springsteen
Here are the amounts for donations that are equivalent to the quantity of entries
- $10 = 20 entries
- $25 = $25 = 125 entries (most sought-after option according to the website)
- $500 = $50 entries
- $1200 = $100
- $1000 = 2000 entries
According to Omaze their business, it takes approximately 12% to 20% of net profits. These funds are used to cover expenses for operations, like marketing, content creation, and processing fees for payments. About 60%-80% of the funds go to charity.
To make it more specific, here’s how it differs between celebrity prizes and non-celebrity prizes. For celebrity prizes which are generally more affordable sixty percent of donation goes to the charity, while 25% goes to Omaze. For prizes that are more costly, such as cars, vacations, or cash, fifteen percent of amount goes to charity while 65%-75% goes to Omaze.
Omaze currently doesn’t provide refunds as donations are made to charitable causes. If you do have any concerns about your transactions, you should contact Customer Service as soon as possible.
Customer Service Contact Info
If you have doubts, questions, or complaints. If so you can send them directly to their site through using the Support Center and Submit a Request link. You can also find information and answers to frequently asked questions at the Support Center.
Omaze can be described as an internet-based fundraising platform that lets people donate to charitable organizations in exchange for the chance to win prizes that are unique and experiences. It’s a legitimate organization which has been in operation for a number of years. It has helped numerous charities reach their goals by raising money for them. Its unique fundraising strategy allows everyone to have the opportunity to enjoy unforgettable experiences that will last a lifetime.
Omaze is a new method to donate to charity. However, it’s been the subject of a lot of criticism over how much of the money actually is donated to charities. It’s understandable, since Omaze is a business and is a non-profit company. If your goal is to just donate money to a charity and make sure 100% goes to them, then you can donate straight to your charity. But if you’re interested in the amazing prizes offered by Omaze you can donate to Omaze instead. You get the chance to win a prize while donating to a great cause.
FAQS Omaze Springsteen
Where is Omaze based?
Omaze is based within Los Angeles, California.
Is my contribution tax-deductible?
All Omaze donations go through Charities Aid FoundatAmerica ion (CAFA). Because CAFA is an US charity that accepts donations from US donors through Omaze are tax-deductible. Omaze platform can be tax-deductible as long as the law permits. However, if your contribution comes with an experience-based perk that is worth more than the experience perk will be deducted. So if you donate $100 and receive a perk worth $75, then your tax-deductible donation is $25.
Are there any Omaze scams?
While Omaze has been criticized by numerous people online as a fraud but the business is legit. They are able to raise funds for charities and also award participants according to the promises. To protect yourself be sure to donate your money through the Omaze official Omaze web site. Verify if the site is legitimate 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 since a higher donation equals a more significant amount of entries. However, you can still enter without contributing and still be eligible for a certain amount of entries.
How do they confirm the winner?
Once the contest has closed, a potential winner is randomly selected using an encryption-secure cryptographically secured random number generator. After the random draw process Omaze’s team will complete the process of confirming winners. There are more details about the procedure on their website.
How can they get in touch with them? the winners?
An Omaze representative informs potential winners via email. The potential winner has up to 24 hours to reply to the initial email. The Omaze can follow up with a planned video call as well. If a winner has been confirmed and responded to an initial message, they must accept the paperwork provided to them by an Events Team as part of the process of confirming the winner.
Do note that Omaze will never contact winners via social media. Instead, it will contact them by email.
How does Omaze make money?
As a for-profit organization, Omaze is able to collect a 20% fee on net raises generated by their campaigns. To keep them operating, this fee is used to cover the operational expenses like advertisements, content creation, and payment processing fees.