Omaze offers an online service where people can give to charities and have the chance to get various prizes and experience. It’s a unique crowdfunding approach to fundraising. Based on the information provided by the firm, its users have raised over 150 million dollars and supported over 350 charitable organizations. These charities are located all over the world. These charities are major credited non-profit organisations like UNICEF, After-School All-Stars, Julia’s House, Product Red along with Make-A-Wish Foundation.
Donations aren’t necessary to be entered into a contest but they earn extra contest entries and other perks. Users are able to choose the cause they’d like to contribute to. Every contest comes with its own unique prize, from luxurious cars to unforgettable experiences.
Before you continue, you may want to check out this video by The Entrepreneur on YouTube that gives a quick overview. After, you’ll want to read the rest of our article for a more comprehensive review.
What is the process behind Omaze work?
Omaze The Story Till Now
Omaze believes that every person deserves the opportunity to be a part of fundraising. In the past, charitable organizations typically relied on fundraisers where only the wealthy and famous were invited to. Omaze wanted to democratize auctions for charities with its unique fundraising method. This means that everyday people can make a donation to the charity they choose for as low as $10.
You have two options you can enter. The first is through donating while the other option is entering for free. You can enter any contest with no donation and you’ll earn extra entries depending on the amount you donate. The higher 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. Select a donation amount and follow the instructions to provide your information. You may give as many times as you’d like. There is however an upper limit on entries that is dependent what prize you win.
To be eligible for a free entry To enter for free, visit the Experience or Prize page on the website. Select the “enter without contributing link” and follow the steps. You’ll be required to complete a form. After submitting the form you will receive a specific number of entries. You may submit the form at any time you like, but again, there is a maximum Entry limit.
Omaze has received some criticism over how much of the prize goes to the charity. For expensive prizes, only 10 to 15 percent of the proceeds go to charity. The company has responded with the statement that 10% an amount that is significant. The remainder of the money is used to pay for the costs of marketing and operations to keep them running. What matters is that people are enticed to give because of attractive prizes.
For less expensive prizes The company says that 60 percent of the prize is given to charities.
Donations made through the website directly go into Charities Aid Foundation America (CAF America). It’s a public charity which has partnered with Omaze in making fundraising easy, safe, and effective. CAFA uses donations to fund grants for charitable organizations.
Omaze offers a wide range of incredible prizes, which they refer to as Experiences. These prizes include luxurious cars and dream homes, a possibility to see your favorite celeb, or a once-in-a-lifetime trip.
Here are some examples of the previous and present prizes that are offered by Omaze:
- Chance to take home a multimillion-dollar Miami dream home
- A vacation in Japan specifically designed for you
- A memorable safari experience with a luxurious stay in Giraffe Manor in Kenya
- An opportunity to be the first to win 2 seats for one of the first Virgin Galactic flights to space
- A private meet and greet with Dwayne “The Rock” Johnson
- A luxurious trip to a wellness resort in Thailand
- First class tickets on planes to anyplace in the world
- The chance to win luxurious vehicles and other vehicles
Omaze has a constant stream of new campaigns and enticing prizes. Visit their website to see more prizes , including the prize details. You can also see previous prizes as well as the winners. For contests that have been held previously you can also view the amount that the charity received.
Who was the person who started Omaze?
Omaze was founded at the end of 2012 through Ryan Cummins and Matt Pohlson. According to the website, they came up with the idea after they attended a charity auction. The item that was up for auction was their ideal trip including a basketball game as well as dining together with Magic Johnson. The bidding was so high that they were outbid. The prize was just $15,000.
They couldn’t comprehend why such a huge prize only raised a tiny amount for a good cause. They also believed that this method of fundraising was restricted to rich people only. They thought that incredible events like this should not be accessible only to a select group of wealthy people.
They decided to create a new kind of fundraising that would be available to a more substantial variety of people.
This fundraising would be available online, so anyone could participate. It wouldn’t take an enormous amount of money to enter and increase participation and raise more money for the charity.
They also think that charities ought to feel more comfortable advertising on this platform because it’s an important cause. Their platform allows charities to connect with a wider public in a more appealing way to raise funds.
Is Omaze legit?
Although the company has received some criticism, it seems that they’re actually legitimate. They have collected more than $100 million for charity and have given out prizes to the participants in accordance with their promises. Numerous famous personalities have also supported and advocated to the program.
Many winners have also spoken about the prizes they have received. Some are also featured on their Official Omaze Youtube channel.
Omaze is also accredited with the Better Business Bureau with an A+ rating. Omaze The Story Till Now
Because it’s a not-for-profit company, Omaze takes around 20% of the donations. Imagine you want 100% of your donations to go to the non-profit. In that situation, you may consider donating direct to the nonprofit organization or charity instead. The best part about Omaze is that you get to make a difference and simultaneously you can be awarded a fantastic experience. This makes it appealing to a broader number of people. If you’re looking for unique experiences, then Omaze is a great chance.
Cost and Price Plans
Omaze allows you to donate as low as $10. When the amount of donation increases, the percentage of entries increases and the equivalent for 1 entry decreases. For example 150 dollars equals 2000 entries. This is 1 entry per 7 cents given. Omaze The Story Till Now
Here are the donation amounts that are equivalent to the amount of entry entries
- 10$ = 20 tickets
- $25 = 125 entries (most popular option according to the site)
- $500 = $50 entries
- $1200 = $100
- $150 = 2000 entries
According to Omaze, their company takes around 12%-20% of the net earnings. The money is used to fund operational costs, such as advertising, content creation, and processing fees for payments. A majority of the funds go to charity.
To make it more specific, here’s how it differs between the celebrity and non-celebrity prizes. For prizes that are awarded to celebrities which are generally less expensive 60percent of prize goes to charity and 25% goes to Omaze. For prizes that are more costly, such as vacations, cars, or cash, 15percent of money goes to charity and 65% to 75 percent is given to Omaze.
Omaze is currently unable to offer refunds since the donations are for charitable causes. However, if you have any concerns with your transaction, you should contact Customer Service as soon as possible.
Customer Service Contact Info
Suppose you have any doubts, questions or issues. If so, you may submit them directly to their site through 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 fundraising platform which allows users to make donations to charitable organizations in exchange for the chance to win prizes that are unique as well as experiences. It’s a legitimate company that has been running for several years now. It has helped various charities reach their goals by making donations for them. Its unique fundraising model allows everyone to have the opportunity to experience incredible experiences once in a lifetime.
Omaze is a new method to donate to charity. It has however, received criticism for how much money actually is donated to charities. But, this is understandable as Omaze is a commercial enterprise which is a profit-making company. If your goal is to simply donate to a charity and make sure 100% goes to them, then you can donate direct to charity. However, if you’re looking to win one of Omaze’s amazing prizes, then donate through Omaze instead. You have the chance to win a prize while donating to a worthy cause.
FAQS Omaze The Story Till Now
Where is Omaze based?
Omaze is headquartered at Los Angeles, California.
Can my tax-deductible contribution be deducted?
All Omaze donations go through Charities Aid FoundatAmerica ion (CAFA). Because CAFA is an US charity and all donations made by US donors using the Omaze platform are tax-deductible to the extent the law permits. If, however, your donation is made in conjunction with an experience-based perk, the value of the perk will be reduced. If you give $100 and get an experience perk of 75 dollars, the tax-deductible donation is $25.
Do you know of any Omaze scams?
While Omaze is being criticized by many people online as a scam, the company is totally legit. It can raise money for charities and also award participants according to the promises. To ensure your safety be sure to give your money to Omaze’s official Omaze web site. Double-check to see if the site is legitimate or not prior to donating your money.
What are the odds of winning?
The more you donate the greater your chance of winning since a higher donation equals a larger amount of entries. You can however enter without contributing and still be eligible for a set amount of entries.
What is the process to confirm the winner?
After the contest is over after the contest has ended, a winner could be randomly drawn via an encryption-secure cryptographically secured random number generator. Following the random drawing process Omaze’s team will complete the confirmation of the winner. You may view more details about the process through their official 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 can respond with a scheduled video call as well. Once a potential winner has confirmed and replied to their initial emails, they must complete the form provided by The Events Team as part of the winner confirmation process.
Please note Omaze won’t reach out to winners via social media. Instead, it will contact them by email.
How does Omaze earn its money?
Omaze is a non-profit company. Omaze receives 20% of net increases from their campaigns. To ensure they stay functioning this amount is used to pay for operating expenses, including advertising, content creation and payment processing fees.