Omaze is an online platform where people can donate to charitable causes and have the chance to win various prizes and experiences. It’s a unique crowdfunding approach to fundraising. As per the website, its users have raised more than 150 million dollars, and have benefited more than 350 charities. 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 enter a contest, but they earn extra contest entries and other perks. The contestants can choose which charity they would like to donate to. Every contest comes with its own special prize, ranging from luxury cars to once-in-a-lifetime experience.
Before you continue, 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.
How does Omaze function?
Omaze believes that everyone should have the chance to be a part of fundraising. Traditionally, charitable organizations usually relied on fundraisers where only the famous and wealthy attended. Omaze wanted to democratize charity auctions through its unique fundraising model. This means everyday people can make a donation to the charity they choose starting at just $10.
Two ways you can enter. One is by donating, or entering for no cost. You can enter any contest with no donation however you will earn extra entries based on the amount you contribute. The greater your donation, the more prize entries you’ll receive.
To donate, simply 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 are able to give as many times as you like. There is however an entry limit for each person which varies based on the prize.
To be eligible for a free entry visit the Experience or Prize page on the website. Click on the “enter without contributing link” and follow the instructions. You will need to accomplish the form. Upon submitting the form, you will receive a particular amount of entries. The form can be submitted as many times as you want, however, there is a maximum entry limit.
Omaze has been criticized over what percentage of prize is actually going to charity. For expensive prizes, only 10 to 15 percent of the money is donated to charity. The company has stated to say that 10% is still a significant amount. The rest of the donation will be used to pay operational and marketing costs to continue to run the business. The most important thing is that people are enticed to give because of attractive prizes.
For less expensive prizes The company says that 60% of the money goes to charity.
Donations made on the site directly go to Charities Aid Foundation America (CAF America). It’s a nonprofit organization which has partnered with Omaze to make fundraising simple as well as safe and efficient. CAFA utilizes donations to help fund grants to charitable organizations.
Omaze provides a range of incredible prizes, which they refer to as experiences. The prizes include luxury cars and dream homes, a possibility to see your favorite celebrity and a once-in-a lifetime travel experience.
Here are some examples of the previous and present prizes that are offered by Omaze:
- A chance to be the owner of a multimillion-dollar Miami dream home
- A vacation in Japan specially designed for you
- A memorable safari experience with a luxurious stay in Giraffe Manor in Kenya
- An opportunity 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 luxurious vacation to a wellness retreat in Thailand
- First class tickets on planes to anyplace in the world
- A chance to win luxury vehicles and other vehicles
Omaze is constantly offering new promotions and attractive prizes. Check their website to view more prizes with the details. Also, you can view previous prizes as well as the winners. For previous contests, you can also see the amount the charity has received.
Who was the person who started Omaze?
Omaze was founded in 2012 through Ryan Cummins and Matt Pohlson. The website says that they got the idea after they attended a charity auction. The item that was up for auction was their dream experience which included a basketball match and meal 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 big prize only raised a small amount for a great cause. They also believed that this fundraiser was only available to wealthy people only. They believed that amazing experiences such as this shouldn’t be accessible only to a few wealthy people.
Then they came up with a new kind of fundraising that could be available to a substantial amount of people.
This fundraiser would be made available online, so everyone could participate. People wouldn’t need much funds to participate, which would increase participation and raise more funds for the charity.
They think that charities can feel more confident about marketing themselves through the platform, since it’s an important cause. Their platform allows charities to reach out to a broader audience in an attractive way to raise money.
Is Omaze legit?
Although the company has received some criticism, it appears that they are indeed legitimate. So far, they have raised more than $100 million for charity and have given out prizes to participants as promised. Numerous famous personalities have also endorsed and advocated for the platform.
Several winners have also spoken regarding the prize they have received. They are also featured on Omaze’s Official Omaze Youtube channel.
Omaze is also accredited by the Better Business Bureau with an A+ rating. Omaze Zelectric
Since it’s a for-profit organization, Omaze takes around 20 percent of donations. Imagine you want 100% of your donations to be donated to a non-profit. If that is the case, you might think about donating directly to the non-profit organization or charity instead. However, the fun part with Omaze is the fact that it allows you to are able to contribute and simultaneously you can receive a wonderful experience. This makes it very appealing to a wider range of people. If you’re looking for unique experiences and experiences, then Omaze is an excellent chance.
Cost and Price Plans
Omaze lets you donate for just $10. If the amount you donate increases, the proportion of entries also increases, and the value of one entry decreases. For instance 150 dollars equals 2000 entries, which means one entry for every seven cents given. Omaze Zelectric
Here are the donation amounts with the equivalent amount of entry entries
- $20 = 20 entry
- $25 = 125 entries (most sought-after option according to the website)
- $50 = 500 entries
- 100$ = 1200 entry
- $150 = 2000 entries
According to Omaze their business, it takes approximately 12% to 20% of net profits. These funds are used to fund operational costs, such as marketing, content creation, and payment processing fees. About 60%-80% of the funds go to charity.
For a more precise understanding, here’s how it differs between celebrity prizes and non-celebrity prizes. For celebrity prizes which are generally more affordable, 60percent of donation goes to the charity and 25 percent goes to Omaze. For prizes that are more costly, such as automobiles, vacations or cash, 15percent of amount goes to charity while 65%-75% goes to Omaze.
Omaze currently doesn’t offer refunds because the donations are for charitable causes. However, if you encounter any questions about your transactions You should get in touch with Customer Service as soon as possible.
Customer Service Contact Info
If you have doubts, questions or concerns. In that case, you may submit your concerns directly to their website through the Support Center and Submit a Request link. There is also a wealth of details and frequently asked questions on the Support Center.
Omaze is an online fundraising platform that allows people to donate to charitable organizations to be eligible to win exclusive prizes and experiences. It’s a legitimate organization which has been in operation for several years now. It has helped various charities achieve their goals by raising money for them. Its unique fundraising model gives everyone the opportunity to enjoy amazing once-in-a-lifetime experiences.
Omaze is a different way to give to charities. However, it has received criticism over how much of the money actually is donated to charities. It’s understandable, since Omaze is a commercial enterprise, so it’s a for-profit organisation. If your intention is to donate money to a charity and make sure all proceeds go to them, you could donate straight to your charity. However, if you’re looking to win the amazing prizes offered by Omaze, then donate through Omaze instead. You have the chance to be the winner of a prize and also donate to a worthy cause.
FAQS Omaze Zelectric
Where is Omaze where is it based?
Omaze is located in Los Angeles, California.
Is my contribution tax-deductible?
All Omaze donations go to Charities Aid FoundatAmerica ion (CAFA). Because CAFA is an US charity, all donations made by US donors through the Omaze platform can be tax-deductible as long as the law allows. However, if your donation is accompanied by an experience reward then the value of the perk will be reduced. For example, if you make a donation of $100 and earn an experience worth $75, your tax-deductible donation is $25.
Is there any Omaze frauds?
Although Omaze is being attacked by many people online as a fraud but the business is legit. It can raise money for the charities involved and also award participants according to the promises. To ensure your safety, just make sure to make your donation through the Omaze official Omaze web site. Check to make sure the site is legitimate or not prior to donating your money.
What are the chances of winning?
The more you donate the greater your chance of winning, as a greater donation equals a greater number of entries. But, you are able to enter without contributing and still be eligible for a set number of entries.
How do they confirm a winner?
After the contest is over, a potential winner is randomly selected using an encryption-secure cryptographically secured randomly generated number generator. After the random draw process Omaze’s team finishes the winner confirmation process. You may view more information about the procedure on their website.
How do they contact and to announce winners?
An Omaze representative will notify the winner of the contest via email. The winner is given 24 hours to respond to the initial email. The Omaze could follow up with a scheduled video conference as well. After a winner is responded to and confirmed their initial emails, they need to complete the form provided from an Events Team as part of the process of confirming the winner.
Do note that Omaze will never contact winners via social media, only through email.
How does Omaze earn money?
As a for-profit organization, Omaze receives a 20% fee on net raises generated by their campaigns. To keep them functioning the fee can be used to fund operational costs, such as advertising, content creation and processing fees for payments.