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 method of fundraising. According to the company, its users have raised more than 150 million dollars, and have benefited more than 350 charities. The charities are spread all over the world. These charities are renowned non-profit organizations like UNICEF, After-School All-Stars, Julia’s House, Product Red along with Make-A-Wish Foundation.
Donations are not required to participate in 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 special prize, ranging from luxury automobiles to unique experience.
Before you go on, you may want to watch this video by The Entrepreneur on YouTube that gives a quick review. After, you’ll want to read the rest of our article for a more comprehensive review of Omaze.
What is the process behind Omaze work?
Omaze When Is The Draw
Omaze believes that everyone should have the chance to take part in fundraising. Traditionally, charitable organizations usually relied on fundraising events that only the wealthy and famous could attend. Omaze was founded to make auctions for charities with its unique fundraising model. This means that everyday people can make a donation to the charity of their choice for as low as $10.
Two ways to enter. You can donate, or participating for free. It is possible to enter any contest without donating however you will earn extra entries based on the amount you give. The greater your donation is, the more prize entries you’ll get.
To donate, simply select “Enter Now” from the Experience or Prize page on the website. Choose a amount to donate and follow the directions to enter your personal information. You may give as many times as you want. But, there is an upper limit on entries that is dependent on the prize.
For a chance to win for free To enter for free, visit the Experience or Prize page on the website. Click on the “enter without contributing link” and follow the directions. You will need to accomplish a form. After submitting the form you will receive a specific amount of entries. You can submit the form multiple times as you’d like, however, there is a maximum entry limit.
Omaze has been criticized about how much of the donation goes to the charity. For expensive prizes, only around 10-15 percent of the proceeds go to charity. The company has responded with the statement that 10% an impressive amount. The rest of the donation will be used to pay the costs of marketing and operations to keep them running. The most important thing is that people are motivated to donate because of the attractive prizes.
For prizes that are less costly The company claims that 60 percent of the donation is given to charities.
Donations made on the site directly go to Charities Aid Foundation America (CAF America). It’s a nonprofit organization that has partnered with Omaze in making fundraising easy, safe, and effective. CAFA uses donations to fund grants to charitable organizations.
Omaze provides a range of amazing prizes, which they refer to as experiences. These prizes include luxurious cars and dream homes, a chance to meet your favorite celeb or have a unique travel experience.
Here are a few examples of past and current prizes that are offered by Omaze:
- Chance to be the owner of an enviable multimillion dollar Miami dream house
- A vacation in Japan specifically designed for you
- An unforgettable safari and stay at Giraffe Manor in Kenya
- A chance to be the first to win tickets to two of the very first Virgin Galactic flights to space
- Private meet and meet and greet for Dwayne “The Rock” Johnson
- A luxury trip to a wellness resort in Thailand
- First class plane tickets to any destination in the world.
- A chance to win luxury cars and a variety of other vehicles
Omaze is constantly offering new campaigns and enticing prizes. You can check their website to see more prizes with the 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 received.
Who was the person who started Omaze?
Omaze was created at the end of 2012 through Ryan Cummins and Matt Pohlson. As per the site, they came up with the idea after attending an auction benefitting charity. The item up for bidding was their ideal trip: a basketball game and dining together with Magic Johnson. But, the bidding was to the point that they were outbid. The prize was just $15,000.
They couldn’t comprehend why such a huge prize only raised a small amount for a good cause. They also felt that this method of fundraising was restricted to wealthy people only. They thought that incredible experiences like this should not be accessible only to a select group of wealthy people.
So they decided to develop an entirely new method of fundraising, which would be accessible to a substantial amount of people.
The fundraising will be accessible online, so anyone could take part. It wouldn’t take much money to enter, which would increase participation and to raise money in support of the organization.
They believe that charitable organizations can feel more confident about advertising themselves on this platform since it’s for an excellent cause. Their platform allows charities to communicate with a larger public in a more appealing way to raise more funds.
Is Omaze legit?
While the business has been the subject of some criticism, it appears that they’re actually legitimate. They have raised over 100 million dollars for charity and have given out prizes promised to participants. 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 won. They are also featured on Omaze’s Omaze channel. Omaze Youtube channel.
Omaze is also accredited by The Better Business Bureau with an A+ rating. Omaze When Is The Draw
As a non-profit corporation, Omaze takes around 20 percent of donations. Suppose you want 100% of your donations going to a non-profit. In that case, you might think about donating direct to the nonprofit organization or charity instead. But the best thing with Omaze is the fact that it allows you to have the chance to contribute and, at the same time you can get a great experience. This makes it appealing to a wider range of people. If you’re interested in once-in-a-lifetime experiences Then Omaze is an excellent chance.
Cost and Price Plans
Omaze lets you make donations for just $10. If the amount you donate increases, the number of entries will also increase, and the value of one entry decreases. For example, a $150 donation equals 2000 entries, which means 1 entry per 7 cents given. Omaze When Is The Draw
Here are the donations amounts that are equivalent to the quantity of entries
- $20 = 20 entry
- $25 = 125 entries (most sought-after option according to the website)
- $500 = $50 entries
- $1200 = $100
- $150 = 2000 entries
According to Omaze their business, it takes approximately 12% to 20% of net earnings. These funds are used to fund operational costs, such as advertising, content creation, and processing fees. About 60%-80% of the funds go to charity.
To make it more specific This is how it differs between celebrity prizes and non-celebrity prizes. For the prizes of celebrities which are generally more affordable, 60% of the donation is given to charities and 25% goes to Omaze. For higher-end prizes, like cars, vacations or cash 15% of the money goes to charity and 65% to 75 percent is given to Omaze.
Omaze is currently unable to offer refunds because the donations are for charitable causes. If you do have any concerns about your transactions You should get in touch with Customer Service as soon as possible.
Customer Service Contact Info
If you have any concerns, doubts, questions or concerns. If so you can send your concerns directly to their website via their Support Center and Submit a Request link. You can also access details and frequently asked questions in the Support Center.
Omaze can be described as an internet-based fundraising platform that lets people donate to charitable organizations to be eligible to win prizes that are unique and experience. It’s a legitimate company which has been in operation for many years. It has assisted numerous charities achieve their goals by raising money for them. Its unique fundraising model gives everyone the opportunity to experience amazing once-in-a-lifetime experiences.
Omaze is a new method to give to charities. It has however, been the subject of a lot of criticism for how much money actually goes to charity. It’s understandable, since Omaze is a commercial enterprise, so it’s a for-profit company. If you’re looking to just donate money to a charity and make sure that the entire amount goes to them, then donate direct to charity. If you’re interested in the amazing prizes offered by Omaze make sure to donate via Omaze instead. It’s a win-win situation since you can be the winner of a prize and also donate to a worthy cause.
FAQS Omaze When Is The Draw
Where is Omaze based?
Omaze is located in Los Angeles, California.
Can my tax-deductible contribution be deducted?
All Omaze donations go through Charities Aid FoundatAmerica ion (CAFA). Because CAFA is a US charity and all donations made by US donors through the Omaze platform can be tax-deductible as long as the law permits. If, however, your donation comes with an experience-based perk then the value of the perk will be reduced. For example, if you make a donation of $100 and receive a perk worth $75, your tax-deductible contribution would be $25.
Is there any Omaze scams?
Although Omaze is being attacked by many people online as a fraud, the company is totally legit. They can raise funds to benefit the organizations involved and reward participants in accordance with their promises. To protect yourself ensure that you donate your money through Omaze’s official Omaze site only. Check to make sure the site is legitimate or not prior to donating 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 more significant number of entries. However, you can still participate without contributing money, which qualifies you for a certain number of entries.
How can they verify that they have a winner?
Once the contest has closed after the contest has ended, a winner could be randomly drawn via an encrypted and secure random-number generator. After the random draw process Omaze’s team finishes the winner confirmation process. There are more details on the process at their site.
How do they contact and the winners?
An Omaze representative informs potential winners via email. The potential winner has up to 24 hours to respond to the initial email. The Omaze can respond with a planned video conference as well. After a winner is responded to and confirmed an initial message, they need to accept the paperwork provided to them through an Events Team as part of the winner confirmation process.
Do note Omaze won’t reach out to winners via social media, only through email.
How does Omaze make money?
Omaze is a non-profit company. Omaze collects a 20% fee on net increases from their campaigns. To ensure they stay operating this amount can be used to fund operating expenses, including advertisements, content creation, and payment processing fees.