Omaze is an online platform on which users can make donations to charities and have the chance to get various prizes and experience. It’s an innovative method of raising money. According to the company, the users have raised over 150 million dollars, and have benefited over 350 charitable organizations. These charities are located across the globe. These charities are major credited non-profit organisations like UNICEF, After-School All-Stars, Julia’s House, Product Red as well as Make-A-Wish Foundation.
Donations aren’t necessary to participate in a contest, but they do earn you extra contest entries and other perks. Users can decide what charity they would like to donate to. Every contest comes with its unique prize, from luxurious cars to once-in-a-lifetime experiences.
Before you go on, you may want to watch this video by The Entrepreneur on YouTube that gives a quick overview. Afterward, you will want to read the rest of our article for a more comprehensive review.
What is the process behind Omaze function?
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 famous and wealthy were invited to. Omaze wanted to democratize auctions for charities with its unique fundraising method. It allows everyday citizens to 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 participating for free. You are able to participate in any contest without donating however you will earn extra entries based on the amount you contribute. The higher your donation will result in more prize entries you’ll get.
To donate, simply go to “Enter Now” from the Experience or Prize page on the website. Then choose a donation amount and follow the directions to enter your personal information. You may give as many times as you’d like. There is however an upper limit on entries that is dependent upon the amount of prize.
To be eligible for a free entry To enter for free, visit the Experience or Prize page on the website. Click the “enter without contributing link” and follow the instructions. You’ll be required to complete the form. When you submit the form, you will receive a particular number of entries. You can submit the form as many times as you like, but again, there is a maximum entry limit.
Omaze has faced criticism over what percentage of prize is actually going to charity. For expensive prizes, only about 10-15 percent of the donation goes to charity. The company has stated that 10 percent is still a significant amount. The rest of the donation is used to cover the costs of marketing and operations to continue to run the business. The most important thing is that people are encouraged to contribute due to the attractive prizes.
For prizes with lower costs The company says that 60% of the money is given to charities.
Donations made on the site are directly donated to Charities Aid Foundation America (CAF America). It’s a non-profit organization which has joined forces with Omaze to make fundraising simple secure, efficient, and safe. CAFA utilizes donations to help fund grants to charitable organisations.
Omaze provides a range of incredible prizesthat they refer to as experiences. These prizes include luxurious cars, dream homes, a opportunity to get to know your favorite celebrity, or a once-in-a-lifetime journey.
Here are some examples of the past and current prizes offered by Omaze:
- Chance to win a multimillion-dollar Miami dream house
- A trip to Japan curated just for you
- A memorable safari experience as well as a stay at Giraffe Manor in Kenya
- The chance to win 2 seats for one of the first Virgin Galactic flights to space
- Private meet and meet and greet featuring Dwayne “The Rock” Johnson
- A luxurious vacation to a wellness retreat in Thailand
- First-class plane tickets to anywhere in the world
- A chance to win luxury vehicles and other vehicles
Omaze has a constant stream of new campaigns and enticing prizes. You can check their website to see more prizes with the information. Also, you can view previous prizes and winners. For contests that have been held previously you will also be able to see the amount that the charity received.
Who was the person who started Omaze?
Omaze was created in 2012 through Ryan Cummins and Matt Pohlson. The website says that they got the idea after attending an auction benefitting charity. The item up for bidding was their dream experience which included a basketball match and dinner in the company of Magic Johnson. The bidding was so high that they ended up being outbid. The prize raised only $15,000.
The two didn’t understand why such a huge prize only raised a small amount for a good cause. They also believed that this method of fundraising was restricted to wealthy people only. They believed that amazing experiences like this should not be restricted to a few wealthy individuals.
Then they came up with an innovative method of fundraising that could be accessible to a large amount of people.
This fundraising would be available online, so anyone could take part. Participants wouldn’t require a lot of money to enter, which would make it easier for more people to participate and to raise money in support of the organization.
They believe that charitable organizations ought to feel more comfortable advertising on the platform, since it’s an important cause. The platform lets charities reach out to a broader public in a more appealing way to raise more funds.
Is Omaze real?
While the company has faced some criticism, it seems that they are indeed legitimate. They have collected more than 100 million dollars for charity and have given out prizes promised to participants. Many famous celebrities have also endorsed and advocated on behalf of the organization.
Many winners have also spoken of the awards they have won. They are also featured on their Omaze channel. Omaze Youtube channel.
Omaze is also certified as a member of The Better Business Bureau with an A+ rating. Omaze/Vantage
As a non-profit corporation, Omaze takes around 20 percent of donations. Imagine you want all of your donations going to a non-profit. In this situation, you may decide to donate straight to the charity or charity instead. But the best thing of Omaze can be that you have the chance to do something positive and, at the same time, get the chance to receive a wonderful experience. This makes it very appealing to a wider range of people. If you’re looking for unique experiences, then Omaze is a great chance.
Cost and Price Plans
Omaze allows you to donate starting at just $10. When the amount of donation increases, the percentage of entries will also increase, and the amount equivalent to 1 entry decreases. For instance $150 is equal to 2000 entries, which is 1 entry for every 7 cents donated. Omaze/Vantage
Here are the donations amounts that are equivalent to the number of entries:
- $10 = 20 entries
- $25 = 250 entries (most popular option according to the website)
- $50 = 500 entries
- 100$ = 1200 entry
- 150 = 2000 entry
According to Omaze their business, it takes around 12%-20% of the net funds. The money is used to fund operational costs, such as marketing, content creation, and processing fees for payments. A majority of the funds go to charity.
For a more precise understanding This is how it differs between non-celebrity prizes and celebrity prizes. For the prizes of celebrities that are usually cheaper, 60% of the prize goes to charity, while 25 percent goes to Omaze. For higher-end prizes, like cars, vacations, or cash 15percent of amount is donated to charity, while 65%-75 percent goes to Omaze.
Omaze currently doesn’t offer refunds because the donations are for charitable causes. However, if you encounter any issues about your transactions You should get in touch with Customer Service as soon as possible.
Customer Service Contact Info
If you have any concerns, questions, concerns or issues. In that case you can send them directly to their website through the Support Center and Submit a Request link. You can also find information and find frequently asked questions in the Support Center.
Omaze is an online fundraising platform that lets people donate to charitable organizations with the possibility to win exclusive prizes and experiences. It’s a legitimate organization that has been operating for a number of years. It has helped numerous charities to achieve their goals through raising funds for them. The unique fundraising method gives everyone the chance to gain incredible experiences once in a lifetime.
Omaze is a different method to make a donation to charity. It has however, received criticism over how much of the money actually is donated to charities. However, it’s understandable since Omaze is a company, so it’s a for-profit organization. If you’re looking to donate money to an organization and ensure that the entire amount goes to them, then you can donate directly to the charity instead. However, if you’re looking to win the amazing prizes offered by Omaze, then donate through Omaze instead. It’s a win-win since you can win a prize while donating to a worthy cause.
Where is Omaze based?
Omaze is headquartered at Los Angeles, California.
Can my tax-deductible contribution be deducted?
All Omaze donations are made through Charities Aid FoundatAmerica ion (CAFA). Because CAFA is an US charity, all donations made by US donors through Omaze are tax-deductible. Omaze platform can be tax-deductible as long as the law permits. If, however, your donation comes with an experience-based perk that is worth more than the perk will be subtracted. So if you donate $100 and get an experience perk of $75, your tax-deductible donation is $25.
Are there any Omaze frauds?
While Omaze is being criticized by a lot of people on the internet as a fraud but the business is legit. They can raise funds to benefit the organizations involved and also award participants according to the promises. To ensure your safety, just make sure to give your money to the authentic Omaze website 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 give the greater your chance of winning, as a greater donation equals a larger amount of entries. You can however take part without contributing to qualify for a specific number of entries.
What is the process to confirm a winner?
Once the contest has closed after the contest has ended, a winner could be randomly drawn via 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 at their site.
How do they reach them and announce winners?
An Omaze representative notifies the winner of the contest via email. The potential winner has up to 24 hours to reply to the initial email. The Omaze may follow up with a scheduled video conference as well. If a winner has responded to and confirmed their initial emails, they need to sign paperwork sent to them by an Events Team as part of the confirmation process for winners.
Note that Omaze will never contact winners via social media. It will only contact them via email.
How does Omaze earn money?
As a for-profit organization, Omaze receives 20% of net raises from their campaigns. To ensure they stay operating, this fee is used to cover operating expenses, including advertisements, content creation, and payment processing fees.