Omaze is an online platform that allows users can donate to charitable causes and get a chance to be the winner of various prizes and experiences. It’s a unique crowdfunding approach to raising funds. According to the company, users have raised more than 150 million dollars and supported over 350 charities. These charities are located all over the world. These charities are major credited non-profit organizations like UNICEF, After-School All-Stars, Julia’s House, Product Red, as well as Make-A-Wish Foundation.
Donations are not required to participate in a contest, however, they can earn additional contest entries and other perks. Users are able to choose the charity they would like to donate to. Every contest comes with its special prize, ranging from luxury cars to unforgettable experiences.
Before you continue, you may want to check out this video by The Entrepreneur on YouTube that gives a quick review. Afterward, you’ll want to read the rest of the article for a more comprehensive review of Omaze.
What is the process behind Omaze function?
Problems With Omaze
Omaze believes that everyone deserves the opportunity to be a part of fundraising. Traditionally, charitable organizations usually relied on fundraising events that only the wealthy and famous were invited to. Omaze wanted to democratize auctions for charities with its unique fundraising method. It allows everyday citizens to donate to the charity of their choice starting at just $10.
There are two ways to enter. You can donate, or participating for no cost. You are able to participate in any contest with no donation however you will earn extra entries depending on the amount you donate. The higher your donation, the more prize entries you’ll get.
To donate, select “Enter Now” from the Experience or Prize page on the website. Choose a amount to donate and follow the directions to fill in your details. You may donate as many times as you’d like. However, there is an upper limit on entries which varies based on the prize.
To enter for free 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 need to fill out the form. Upon submitting the form, you will be awarded a certain number of entries. You can submit the form at any time you want, however, the form has a limit on entries. entry limit.
Omaze has received some criticism about what percentage of money goes to the charity. In the case of expensive prizes, 10 to 15 percent of the money is donated to charity. The company has stated that 10 percent is still a significant amount. The rest of the donation is used to cover expenses for marketing and operational costs to ensure that they are running. It is important that people are encouraged to contribute due to the attractive prizes.
For less expensive prizes, the company reports that 60% of the money is given to charities.
Donations made on the site go directly to Charities Aid Foundation America (CAF America). It’s a non-profit organization which has joined forces with Omaze in making fundraising easy, safe, and effective. CAFA makes use of donations to pay grants to charitable organizations.
Omaze offers a wide range of amazing prizes, which they refer to as Experiences. The prizes include luxury cars and dream homes, the possibility to see your favourite celebrity and a once-in-a lifetime trip.
Here are a few examples of past and current prizes provided by Omaze:
- The chance to be the owner of a multimillion-dollar Miami dream house
- A vacation in Japan specifically designed for you
- An unforgettable safari and stay at Giraffe Manor in Kenya
- An opportunity to be the first to win two seats on one of the 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 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. Check their website to see more prizes with the details. It also provides previous prizes as well as the 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. The website says that they got the idea after attending an auction benefitting charity. The item up for bidding was their ideal experience which included a basketball match and dining in the company of Magic Johnson. But, the bidding was to the point that they were outbid. The prize was only $15,000.
The two couldn’t figure out the reason why a prize of this magnitude only raised a tiny amount to support a worthy cause. They also believed 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 individuals.
So they decided to develop an entirely new method of fundraising that would be available to a more substantial variety of people.
This fundraiser would be made available online, so everyone could take part. Participants wouldn’t require much cash to participate and increase participation and to raise money to support the cause.
They also believe that charitable organizations should feel better about advertising themselves on this platform since it’s for an important cause. Their platform allows charities to communicate with a larger audience in an attractive way to raise funds.
Is Omaze legitimate?
While the company has faced some criticism, it seems that they’re legitimate. They have raised over $100 million for charity and have distributed the prizes to participants as promised. Numerous famous personalities have also endorsed and advocated on behalf of the organization.
Several winners have also spoken about the prizes they have received. They also have a video on their Official Omaze Youtube channel.
Omaze is also accredited by Omaze is also accredited by Better Business Bureau with an A+ rating. Problems With Omaze
As a non-profit corporation, Omaze takes around 20% of the donations. Imagine you want all your contributions going to a non-profit. In that scenario, you could decide to donate straight to the charity or charity instead. But the best thing with Omaze is that you are able to do something positive and simultaneously you can get a great experience. This makes it a great attraction to a wider range of people. If you’re interested in once-in-a-lifetime experiences Then Omaze is a fantastic opportunity.
Cost and Price Plans
Omaze allows you to donate starting at just $10. When the amount of donation increases, the number of entries will also increase, and the value of one entry decreases. For instance, a $150 donation equals 2000 entries. This is one entry for every seven cents given. Problems With Omaze
Here are the donations amounts in the same amount, with the equivalent quantity of entries
- $10 = 20 entries
- $25 = 125 entries (most popular option according to the website)
- $50 = 500 entries
- 100$ = 1200 entry
- 150 = 2000 entry
According to Omaze, their company takes about 12%- 20% of net earnings. This is used to fund operational costs, such as advertising, content creation, and processing fees. About 60%-80% of the funds are donated to charities.
For a more precise understanding This is how it differs between non-celebrity prizes and celebrity prizes. For celebrity prizes, which are typically more affordable sixty percent of donation goes to charity and 25 percent is given to Omaze. For higher-end prizes, like vacations, cars, or cash, 15% of the money goes to charity while 65%-75% goes to Omaze.
Omaze is currently unable to offer refunds because the donations are for charitable causes. If you do have any concerns with your transaction You should get in touch with Customer Service as soon as possible.
Customer Service Contact Info
If you have any concerns, questions, concerns, or complaints. If so you can send 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 in the Support Center.
Omaze is an online platform for fundraising that allows people to donate to charitable organizations in exchange for the chance to win exclusive prizes as well as experiences. Omaze is a legitimate business that has been operating for a number of years. It has assisted numerous charities achieve their goals by making donations for them. Its unique fundraising strategy lets everyone have the opportunity to experience 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. But, this is understandable as Omaze is a commercial enterprise which is a profit-making organisation. If your intention is to just donate money to an organization and ensure that the entire amount goes to them, then you can donate direct to charity. But if you’re interested in the amazing prizes offered by Omaze you can donate to Omaze instead. It’s a win-win since you can win prizes while also contributing to a great cause.
FAQS Problems With Omaze
Where is Omaze located?
Omaze is based in Los Angeles, California.
Can my tax-deductible contribution be deducted?
All Omaze donations go to Charities Aid FoundatAmerica ion (CAFA). Since CAFA is an US charity that accepts donations from US donors through the Omaze platform are tax-deductible in the amount the law permits. However, if your contribution comes with an experience-based perk that is worth more than the perk will be subtracted. For example, if you make a donation of $100 and get a perk worth $75, then your tax-deductible contribution is $25.
Are there any Omaze scams?
While Omaze has been criticized by a lot of people on the internet as a fraud however, the company is completely legit. They can raise funds to benefit the organizations involved and award participants as promised. To ensure your security, just make sure to make your donation through Omaze’s official Omaze web site. Check to make sure the website is genuine or not prior to donating your money.
What are the chances of winning?
The more you donate the greater your chance of winning because a larger donation equals a larger amount of entries. You can however take part without contributing, which qualifies you for a certain number of entries.
What is the process to confirm that they have a winner?
After the contest is over after the contest has ended, a winner could be randomly selected using a cryptographically secure random number generator. After the random drawing process Omaze’s team will complete the winner confirmation process. You may view more information about the procedure through their official website.
How can they get in touch with them? to announce winners?
An Omaze representative informs the winner of the contest via email. The potential winner has up to 24 hours to respond to the email sent. The Omaze may contact them with an scheduled video conference as well. Once a potential winner has confirmed and replied to their initial emails, they must sign paperwork sent to them from The Events Team as part of the winner confirmation process.
Note that Omaze will never contact winners via social media. Instead, it will contact them by email.
How does Omaze make money?
As a for-profit organization, Omaze receives 20% of net increases from their campaigns. To ensure that they are functioning this amount is used to cover the operational expenses like advertising, content creation and payment processing fees.