Omaze can be described as an online marketplace that allows users can make donations to charities and also get various prizes and experience. It’s a unique crowdfunding approach to raising money. Based on the information provided by the firm, the users have raised over 150 million dollars, and have benefited over 350 charities. These charities are located all over the world. These charities are renowned non-profit organisations like UNICEF, After-School All-Stars, Julia’s House, Product Red, along with Make-A-Wish Foundation.
Donations are not required to enter a contest, but they do earn you extra contest entries as well as other perks. Users can decide what cause they’d like to contribute to. Every contest comes with its own special prize, ranging 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 will want to read the rest of the article for a more comprehensive review.
What is the process behind Omaze function?
Omaze believes that every person deserves the opportunity to take part in fundraising. In the past, charitable organizations typically relied on fundraising events that only the wealthy and famous could attend. Omaze wanted to democratize auctions for charity through its unique fundraising model. This means everyday people can give to the charity they choose for as low as $10.
Two ways to participate. One is by donating, or entering for no cost. It is possible to enter any contest with no donation however you will earn extra entries depending on the amount you give. The more you donate is, the more prizes you’ll win.
To donate, click “Enter Now” from the Experience or Prize page on the website. Then choose a donation amount and follow the steps to enter your personal information. You are able to make donations as often as you like. There is however an entry limit for each person that is dependent upon the amount of prize.
For a chance to win for free visit the Experience or Prize page on the website. Click on the “enter without contributing link” and follow the instructions. You’ll need to fill out the form. After submitting the form you will receive a particular amount of entries. You can submit the form at any time you’d like, however there is a maximum Entry limit.
Omaze has received some criticism about what percentage of prize goes toward the actual charity. For the most expensive prizes, only about 10-15 percent of the money is donated to charity. The company has replied that 10 percent is still an impressive amount. The remainder of the money is used to cover the costs of marketing and operations to keep them running. It is important that people are enticed to give because of attractive prizes.
For prizes that are less costly The company says that 60% of the money is given to charities.
Donations made through the website directly go to Charities Aid Foundation America (CAF America). It’s a nonprofit organization that has partnered with Omaze to make fundraising simple secure, efficient, and safe. CAFA makes use of donations to pay grants for charitable organizations.
Omaze provides a range of incredible prizesthat they refer to as experiences. These prizes include luxurious cars and dream homes, the opportunity to get to know your favorite celebrity and a once-in-a lifetime travel experience.
Here are some examples of past and current prizes offered by Omaze:
- A chance to take home a multimillion-dollar Miami dream home
- A vacation in Japan specially designed for you
- An unforgettable safari with a luxurious stay in Giraffe Manor in Kenya
- An opportunity to win 2 seats for one of the first Virgin Galactic flights to space
- Private meet and greet with Dwayne “The Rock” Johnson
- A luxurious trip to a spa resort in Thailand
- First class plane tickets to any destination in the world.
- Chance to win luxurious vehicles and other vehicles
Omaze offers constantly exciting new campaigns and prizes. You can check their website to view more prizes , including the prize information. It also provides previous prizes as well as the winners. For previous contests you will also be able to see how much the charity has received.
Who came up with Omaze?
Omaze was founded on the 12th of December 2012, through Ryan Cummins and Matt Pohlson. The website says that they came up with the idea when they went to a charity auction. The auction item was their ideal experience including a basketball game as well as dinner together with Magic Johnson. The bidding was so high that they were outbid. The prize was only $15,000.
They couldn’t comprehend why such a big prize only brought in a small amount for a good cause. They also thought that the fundraiser was only available to those who are wealthy. They believed that amazing events like this should not be accessible only to a small number of wealthy people.
Then they came up with an innovative method of fundraising that would be accessible to a substantial variety of people.
This fundraising would be available on the internet, which means that everyone can participate. People wouldn’t need a lot of money to enter this event, which could increase participation and raise more money for the charity.
They also believe that charitable organizations should feel better about marketing themselves through the platform, since it’s a great cause. The platform lets charities communicate with a larger public in a more appealing way to raise more funds.
Is Omaze legitimate?
While the company has faced some criticism, it appears that they’re actually legitimate. So far, they have raised more than 100 million dollars for charity and have distributed the prizes to participants as promised. Many famous celebrities have also been a part of the campaign and lobbied to the program.
Many winners have also spoken of the awards they have received. They also have a video on Omaze’s Official Omaze Youtube channel.
Omaze is also accredited by The Better Business Bureau with an A+ rating. Omaze Statistics
As a non-profit corporation, Omaze takes around 20% of the donations. Imagine you want 100% of your donations to go to the non-profit. In this situation, you may consider donating directly to the non-profit organization or charity instead. The best part with Omaze is that you have the chance to do something positive and, simultaneously getting to receive a wonderful 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 starting at just $10. As the donation amount increases, the percentage of entries also increases, and the equivalent for 1 entry decreases. For instance $150 is equal to 2000 entries, which is 1 entry for every 7 cents that are donated. Omaze Statistics
Here are the donations amounts with the equivalent number of entries:
- $10 = 20 entries
- $25 = 125 entries (most well-liked option, according to the site)
- $50 = 500 entries
- $100 = 1,200 entries
- 150 = 2000 entry
According to Omaze the company, they take around 12%-20% of the net profits. These funds are used to fund expenses for operations, like advertising, content creation and processing fees for payments. About 60%-80% of the funds are donated to charities.
To be more precise This is how it differs between non-celebrity prizes and celebrity prizes. For celebrity prizes, which are typically cheaper 60percent of money is given to charities and 25 percent is given to Omaze. For more expensive prizes like cars, vacations or cash 15% of the money is donated to charity, while 65%-75 percent goes to Omaze.
Omaze is currently unable to provide refunds as the donations are for charitable causes. However, if you have any issues about your transactions it is recommended to contact Customer Service as soon as possible.
Customer Service Contact Info
Suppose you have any doubts, questions or issues. In that case, you may submit them directly to their website via the Support Center and Submit a Request link. There is also a wealth of details and frequently asked questions at the Support Center.
Omaze is an online platform for fundraising which allows users to make donations to charities in exchange for the chance to win exclusive prizes as well as experiences. Omaze is a legitimate business which has been in operation for many years. It has helped numerous charities achieve their goals by making donations for them. Its unique fundraising model gives everyone the opportunity to experience amazing once-in-a-lifetime experiences.
Omaze is a different method to make a donation to charity. However, it’s received a lot of criticism for how much money actually goes to charity. It’s understandable, since Omaze is a company which is a profit-making organization. If your goal is to just donate money to an organization and ensure that all proceeds go to them, then you can donate straight to your charity. If you’re interested in one of Omaze’s fabulous prizes, then donate through Omaze instead. You have the chance to be the winner of a prize and also donate to a great cause.
FAQS Omaze Statistics
Where is Omaze based?
Omaze is located at Los Angeles, California.
Can my tax-deductible contribution be deducted?
All Omaze donations go through Charities Aid FoundatAmerica ion (CAFA). Since CAFA is an US charity, all donations made by US donors through Omaze are tax-deductible. Omaze platform are tax-deductible to the extent the law permits. However, if your contribution is made in conjunction with an experience reward that is worth more than the perk will be subtracted. So if you donate $100 and receive an experience worth $75, your tax-deductible contribution would be $25.
Is there any Omaze frauds?
Even though Omaze is being criticized by a lot of people on the internet as a scam but the business is authentic. They can raise funds for charities and award participants as promised. To ensure your security ensure that you give your money to the authentic Omaze site only. Double-check to see if the website is genuine or not before donating your money.
What are the odds of winning?
The more you give the greater your chance of winning, as a greater donation equals a greater amount of entries. You can however participate without contributing money, which qualifies you for a certain number of entries.
What is the process to confirm the winner?
When the contest has ended, a potential winner is randomly selected using an encryption-secure cryptographically secured randomly generated number generator. After the random draw process Omaze’s team will complete the confirmation of the winner. There are more information about the procedure on their website.
How do they reach them and to announce winners?
An Omaze representative will notify the potential winner via email. The winner is given 24 hours to reply to the initial email. The Omaze may respond with a planned video call as well. Once a potential winner has confirmed and replied to the initial email, they will need to accept the paperwork provided to them by the Events Team as part of the winner confirmation process.
Do note that Omaze will never contact winners via social media, only through email.
How does Omaze earn money?
Omaze is a non-profit company. Omaze receives a 20% fee on net increases from their campaigns. To keep them up and running, this fee is used to cover operating expenses, including advertisements, content creation, and processing fees for payments.