Omaze is an online platform where people can donate to charitable causes and have the chance to get various prizes and experience. It’s a unique approach to fundraising. As per the website, the users have raised over 150 million dollars and supported over 350 charitable organizations. The charities are spread across the globe. They are the most reputable non-profit organizations like UNICEF, After-School All-Stars, Julia’s House, Product Red, and Make-A-Wish Foundation.
Donations aren’t required to participate in a contest, but they do earn you extra contest entries and other perks. The contestants can choose which charity they would like to donate to. Each contest has its own 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 of Omaze.
How does Omaze work?
Omaze Student Debt
Omaze believes that everyone should be able to be a part of fundraising. Traditionally, charities relied on fundraising events that only the wealthy and famous could attend. Omaze set out to open up charity auctions through its unique fundraising model. This means everyday people can make a donation to the charity they choose for as low as $10.
You have two options you can enter. You can donate, and the other is by entering for free. You are able to participate in any contest with no donation and you’ll earn extra entries depending on the amount you give. The higher your donation will result in more prize entries you’ll get.
To donate, go to “Enter Now” from the Experience or Prize page on the website. Then choose a donation amount and follow the instructions to fill in your details. You may donate as many times as you’d like. But, there is an entry limit for each person which varies based on the 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 steps. You’ll be required to complete a form. After submitting the form you will be awarded a certain number of entries. You may submit the form as many times as you’d like, however you will be subject to a certain Entry limit.
Omaze has been criticized over what percentage of prize goes to the charity. For the most expensive prizes, only 10 to 15 percent of the money is donated to the charity. The company has replied to say that 10% is still an impressive amount. The rest of the donation is used to pay for expenses for marketing and operational costs to continue to run the business. What matters is that people are enticed to donate because of the attractive prizes.
For prizes with lower costs The company says that 60% of the money goes to charity.
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 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 call Experiences. The prizes include luxurious vehicles, dream homes, a opportunity to get to know your favorite celebrity and a once-in-a lifetime trip.
Here are a few examples of the past and current prizes provided by Omaze:
- The chance to be the owner of the multimillion-dollar Miami dream house
- A trip to Japan curated just for you
- An unforgettable safari with a luxurious stay in Giraffe Manor in Kenya
- An opportunity to win two seats on one of the very first Virgin Galactic flights to space
- Private meet and meet and greet with Dwayne “The Rock” Johnson
- A luxurious vacation to a spa resort in Thailand
- First-class plane tickets to anywhere in the world.
- A chance to win luxury automobiles and other vehicles
Omaze offers constantly new promotions and attractive prizes. Check their website to view more prizes with the details. You can also see previous prizes and winners. For contests that have been held previously you can also view the amount the charity received.
Who started Omaze?
Omaze was launched at the end of 2012 by Ryan Cummins and Matt Pohlson. As per the site, they got the idea when they went to an auction benefitting charity. The item that was up for auction was their ideal 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 just $15,000.
The two couldn’t figure out the reason why a prize of this magnitude only brought in a small amount for a good cause. They also felt that this method of fundraising was restricted to rich people only. They believed that amazing experiences like this should not be accessible only to a select group of wealthy individuals.
Then they came up with an entirely new method of fundraising that would be accessible to a significant number of people.
This fundraiser would be made available online, so anyone could participate. People wouldn’t need a lot of money to enter, which would increase participation and to raise money for the charity.
They also believe that charitable organizations can feel more confident about advertising themselves on the platform, since it’s an important cause. The platform lets charities communicate with a larger audience in an attractive way to raise more funds.
Is Omaze real?
Although the company has received some criticism, they appear that they’re actually legitimate. So far, they have raised over $100 million for charity , and have given out prizes promised to participants. A lot of big-name celebrities have also been a part of the campaign and lobbied for the platform.
Many winners have also spoken regarding the prize they have won. Some are also featured on their Omaze channel. Omaze Youtube channel.
Omaze is also accredited with the Better Business Bureau with an A+ rating. Omaze Student Debt
As a non-profit corporation, Omaze takes around 20 percent of donations. Suppose you want all of your donations going to a non-profit. If that is the situation, you may consider donating straight to the charity organization or charity instead. But the best thing of Omaze is the fact that it allows you to get to contribute and, at the same time you can get a great experience. This makes it very appealing to a wider range of people. If you’re seeking unique experiences, then Omaze is a fantastic opportunity.
Cost and Price Plans
Omaze lets you donate for as low as $10. When the amount of donation increases, the percentage of entries increases and the value of one entry decreases. For example $150 is equal to 2000 entries, which is 1 entry for every 7 cents that are donated. Omaze Student Debt
Here are the donations amounts that are equivalent to the number of entries:
- $20 = 20 entry
- $25 = $25 = 125 entries (most sought-after option according to the website)
- $500 = $50 entries
- 100$ = 1200 entry
- 150 = 2000 entry
According to Omaze the company, they take approximately 12% to 20% of net funds. The money is used to pay for operational costs, such as advertising, content creation and payment processing fees. Around 60%-70% of funds go to charity.
To make it more specific This is how it differs between celebrity prizes and non-celebrity prizes. For celebrity prizes, which are typically more affordable sixty percent of donation is given to charities, while 25 percent is given to Omaze. For prizes that are more costly, such as vacations, cars or cash, 15percent of money is donated to charity, while 65%-75% goes to Omaze.
Omaze currently doesn’t offer refunds because the donations are for charitable causes. However, if you have any concerns regarding your transactions, you should contact Customer Service as soon as possible.
Customer Service Contact Info
If you have any concerns, questions, concerns, or complaints. In this case, you may submit them directly to their site via their Support Center and Submit a Request link. There is also a wealth of information and answers to frequently asked questions on the Support Center.
Omaze can be described as an internet-based platform for fundraising which allows users to make donations to charitable organizations in exchange for the chance to win unique prizes and experience. It’s a legitimate company that has been running for many years. It has helped numerous charities to achieve their goals through raising funds for them. The unique fundraising method lets everyone have the opportunity to enjoy unforgettable experiences that will last a lifetime.
Omaze is a new method to make a donation to charity. However, it has received a lot of criticism for how much money actually is donated to charities. But, this is understandable as Omaze is a company and is a non-profit organisation. If your intention is to donate money to a charity and make sure that all proceeds go to them, you could donate straight to your charity. If you’re interested in one of Omaze’s fabulous prizes, then donate through Omaze instead. You can win a prize while donating to a great cause.
FAQS Omaze Student Debt
Where is Omaze located?
Omaze is headquartered at Los Angeles, California.
Is my contribution tax-deductible?
All Omaze donations go to Charities Aid FoundatAmerica ion (CAFA). Since CAFA is a US charity that accepts donations from US donors via the Omaze platform can be tax-deductible as long as the law allows. However, if your donation is made in conjunction with an experience-based perk that is worth more than the perk will be reduced. For example, if you make a donation of $100 and get an experience perk of $75, then your tax-deductible contribution would be $25.
Are there any Omaze scams?
Although Omaze is being attacked by numerous people online as a fraud, the company is totally legit. They can raise funds for the charities involved and reward participants in accordance with their promises. To ensure your safety ensure that you make your donation through the authentic Omaze site only. Check to make sure the website is genuine or not prior to making a donation of your money.
What are the odds of winning?
The more you contribute the more likely you are of winning, as a greater donation equals a larger amount of entries. However, you can still enter without contributing, which qualifies you for a specific amount of entries.
How do they confirm that they have a winner?
After the contest is over, a potential winner is randomly drawn via an encrypted and secure random-number generator. Following the random drawing process, the Omaze team completes the confirmation of the winner. There are more details about the process on their website.
How do they reach them and the winners?
An Omaze representative informs the potential winner via email. The potential winner has 24 hours to respond to the initial email. The Omaze could respond with a planned video call as well. Once a potential winner has been confirmed and responded to the initial email, they must accept the paperwork provided to them by the Events Team as part of the confirmation process for winners.
Note Omaze does not contact winners via social media. It will only contact them via email.
How does Omaze earn its money?
As a for-profit organization, Omaze is able to collect 20% of net raises generated by their campaigns. To keep them up and running this amount is used to pay for operating expenses, including advertising, content creation and processing fees for payments.