Omaze is an online platform on which users can donate to charitable causes and get a chance to get various prizes and experience. It’s an innovative method of raising funds. Based on the information provided by the firm, the users have raised over 150 million dollars, and have benefited 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, and Make-A-Wish Foundation.
Donations aren’t necessary to be entered into a contest but they earn extra contest entries, as well as other benefits. The contestants can choose which cause they’d like to contribute to. Each contest has its own distinct prize, from luxury cars to unforgettable experiences.
Before you go on, you may want to check out this video by The Entrepreneur on YouTube that gives a quick review. After, you will want to read the rest of our article for a more comprehensive review of Omaze.
How does Omaze function?
Randy Yasenchak Omaze
Omaze believes that every person deserves the opportunity to take part in fundraising. Traditionally, charities relied on fundraisers where only the rich and famous attended. Omaze wanted to democratize charity auctions through its unique fundraising model. This means everyday people can give to the charity they choose for as low as $10.
You have two options to 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 donate. 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. Choose a amount to donate and follow the steps to enter your personal information. You may give as many times as you like. There is however a maximum Entry limit that varies depending on the prize.
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 directions. You will need to accomplish the form. After submitting the form you will be awarded a certain amount of entries. You can submit the form multiple times as you want, however there is a maximum Entry limit.
Omaze has faced criticism about its contribution to charity. donation is actually going to charity. For expensive prizes, only about 10-15 percent of the proceeds go to charity. The company has replied to say that 10% is still an amount that is significant. The rest of the donation will be used to pay operational and marketing costs to keep them running. It is important that people are motivated to donate because of the attractive prizes.
For prizes with lower costs The company says that 60% of the money goes to charity.
Donations made through the site are directly donated towards Charities Aid Foundation America (CAF America). It’s a nonprofit organization which has joined forces with Omaze to make fundraising simple as well as safe and efficient. CAFA uses donations to fund grants for charitable organizations.
Omaze offers a variety of incredible prizes, which they call Experiences. The prizes include luxury cars and dream homes, the opportunity to get to know your favorite celeb and a once-in-a lifetime journey.
Here are some examples of past and current prizes provided by Omaze:
- The chance to take home the multimillion-dollar Miami dream home
- A vacation in Japan curated just for you
- An unforgettable safari with a luxurious stay in Giraffe Manor in Kenya
- The chance to get 2 seats for one of the first Virgin Galactic flights to space
- An exclusive meet and greet for Dwayne “The Rock” Johnson
- A luxury trip to a spa resort in Thailand
- First class tickets on planes to anyplace in the world.
- The chance to win luxurious cars and a variety of other vehicles
Omaze offers constantly new campaigns and enticing prizes. Visit their website for more prizes , including the prize information. It also provides previous prizes and winners. For contests that have been held previously, you can also see the amount the charity received.
Who started Omaze?
Omaze was created in 2012 by Ryan Cummins and Matt Pohlson. According to the website, they had the idea after they attended an auction benefitting charity. The item up for bidding was their dream experience: a basketball game and dinner in the company of Magic Johnson. However, the bidding went to the point that they were outbid. The prize raised just $15,000.
The two couldn’t figure out why such a huge prize only brought in a small amount to support a worthy cause. They also believed that this fundraising model was limited to rich people only. They believed that amazing events like this should not be accessible only to a small number of wealthy people.
Then they came up with a new kind of fundraising that would be available to a large amount of people.
This fundraising would be available on the internet, which means that everyone can take part. People wouldn’t need a lot of funds to participate this event, which could make it easier for more people to participate and raise more funds to support the cause.
They also think that charities can feel more confident about marketing themselves through this platform since it’s for a great cause. The platform lets charities reach out to a broader audience in an attractive way to raise funds.
Is Omaze legitimate?
Although the company has received some criticism, they appear that they are indeed legitimate. So far, they have raised over 100 million dollars for charity and have given out prizes to participants as promised. A lot of big-name celebrities have also endorsed and advocated to the program.
Several winners have also spoken regarding the prize 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. Randy Yasenchak Omaze
Since it’s a for-profit organization, Omaze takes around 20% of the donations. If you wish to have all your contributions going to a non-profit. In that case, you might consider donating direct to the nonprofit organization or charity instead. The best part of Omaze is the fact that it allows you to get to do something positive and, simultaneously, get the chance to be awarded a fantastic experience. This makes it appealing to a broader number of people. If you’re interested in once-in-a-lifetime experiences Then Omaze is an excellent opportunity.
Cost and Price Plans
Omaze lets you donate for starting at just $10. When the amount of donation increases, the proportion of entries increases and the equivalent for 1 entry decreases. For example $150 is equal to 2000 entries, which is one entry for every seven cents donated. Randy Yasenchak Omaze
Here are the donations amounts with the equivalent quantity of entries
- $20 = 20 entry
- $25 = 250 entries (most sought-after option according to the site)
- $500 = $50 entries
- $1200 = $100
- $1000 = 2000 entries
According to Omaze their business, it takes about 12%- 20% of net profits. These funds are used to cover operating expenses, including marketing, content creation, and processing fees for payments. About 60%-80% of the money goes to charities.
For a more precise understanding This is how it differs between celebrity prizes and non-celebrity prizes. For prizes that are awarded to celebrities, which are typically less expensive, 60percent of prize goes to the charity, while 25% goes to Omaze. For more expensive prizes like vacations, cars or cash, 15percent of donation is donated 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 questions about your transactions You should get in touch with Customer Service as soon as possible.
Customer Service Contact Info
If you have any concerns, queries, issues or concerns. In that case you can submit them directly to their website via the Support Center and Submit a Request link. You can also access information and answers to frequently asked questions at the Support Center.
Omaze can be described as an internet-based platform for fundraising which allows users to make donations to charities in exchange for the chance to win unique prizes as well as experiences. It’s a legitimate company that has been running for a number of years. It has assisted numerous charities reach their goals by raising money for them. The unique fundraising method allows everyone to have the opportunity to enjoy amazing once-in-a-lifetime experiences.
Omaze is a different method to donate to charities. It has however, received a lot of criticism over how much of the money actually is donated to charities. It’s understandable, since Omaze is a commercial enterprise and is a non-profit organization. If your goal is to donate money to a charity and make sure the entire amount goes to them, you could donate direct to charity. But if you’re interested in one of Omaze’s fabulous prizes you can donate to Omaze instead. It’s a win-win situation since you can win a prize while donating to a worthy cause.
FAQS Randy Yasenchak Omaze
Where is Omaze where is it based?
Omaze is based at Los Angeles, California.
Is my contribution tax-deductible?
All Omaze donations are made through Charities Aid FoundatAmerica ion (CAFA). Since 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 allows. However, if your contribution comes with an experience reward then the value of the perk will be subtracted. For example, if you make a donation of $100 and earn an experience perk of 75 dollars, the tax-deductible contribution is $25.
Is there any Omaze frauds?
While Omaze has been criticized by numerous people online as a fraud however, the company is completely authentic. They can raise funds for the charities involved and also award participants according to the promises. To protect yourself, just make sure to make your donation through the official Omaze site only. Double-check to see if the website is fake or not before donating 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. But, you are able to participate without contributing money to qualify for a specific number of entries.
How do they confirm a winner?
After the contest is over the winner will be randomly selected using an encryption-secure cryptographically secured randomly generated number generator. After the random drawing process Omaze’s team will complete the process of confirming winners. There are more information about the process through their official website.
How can they get in touch with them? the winners?
An Omaze representative will notify the winner of the contest via email. The potential winner has up to 24 hours to respond to the initial email. The Omaze may respond with a planned video conference as well. After a winner is responded to and confirmed the initial email, they need to sign paperwork sent to them through an Events Team as part of the confirmation process for winners.
Do note Omaze does not contact winners via social media, only through email.
How does Omaze earn its money?
As a not-for-profit entity, Omaze receives 20% of net raises generated by their campaigns. To keep them up and running, this fee is used to cover operating expenses, including advertising, content creation and processing fees.