Omaze can be described as an online marketplace that allows users can donate to charitable causes and also get various prizes and experience. It’s a unique method of raising funds. According to the company, the users have raised over 150 million dollars and have supported more than 350 charitable organizations. They have charities all over the world. These charities are renowned non-profit organisations like UNICEF, After-School All-Stars, Julia’s House, Product Red, along with Make-A-Wish Foundation.
Donations are not required to enter a contest, however, they can earn additional contest entries as well as other perks. Users can decide what charity they would like to donate to. Every contest comes with its own unique prize, from luxurious cars to unforgettable experience.
Before you continue, you may want to watch this video by The Entrepreneur on YouTube that gives a quick overview. After, you’ll want to read the rest of our article for a more comprehensive review.
How does Omaze function?
Review Of Omaze
Omaze believes that everyone deserves the opportunity to be a part of fundraising. In the past, charitable organizations typically relied on fundraisers where only the wealthy and famous attended. Omaze wanted to democratize charity auctions through its unique fundraising model. This means everyday people can make a donation to the charity of their choice for as low as $10.
Two ways to participate. One is by donating, and the other is by participating for free. You can enter any contest for free however you will earn extra entries based on the amount you donate. The higher your donation will result in more prize entries you’ll receive.
To donate, select “Enter Now” from the Experience or Prize page on the website. Then choose a donation amount and follow the steps to enter your personal information. You are able to make donations as often as you’d like. However, there is an entry limit for each person which varies based on the prize.
To enter for free visit the Experience or Prize page on the website. Click the “enter without contributing link” and follow the steps. You’ll be required to complete the form. When you submit the form, you will be awarded a certain number of entries. The form can be submitted multiple times as you want, however, there is a maximum Entry limit.
Omaze has faced criticism over what percentage of donation goes toward the actual charity. For the most expensive prizes, only around 10-15 percent of the proceeds go to the charity. The company has replied that 10 percent is an amount that is significant. The rest of the donation is used to cover expenses for marketing and operational costs to continue to run the business. It is important that people are motivated to donate because of the attractive prizes.
For prizes with lower costs The company claims that 60 percent of the donation goes to charity.
Donations made through the website are directly donated towards Charities Aid Foundation America (CAF America). It’s a non-profit organization that has partnered with Omaze to make fundraising simple secure, efficient, and safe. CAFA uses donations to fund grants for charitable organizations.
Omaze provides a range of incredible prizes, which they call Experiences. The prizes include luxurious vehicles and dream homes, the chance to meet your favorite celebrity and a once-in-a lifetime journey.
Here are a few examples of the previous and current prizes that are offered by Omaze:
- The chance to be the owner of an enviable multimillion dollar Miami dream home
- A trip to Japan specially designed for you
- An unforgettable safari as well as a stay at Giraffe Manor in Kenya
- The chance to be the first to win two seats on one of the first Virgin Galactic flights to space
- An exclusive meet and greet for Dwayne “The Rock” Johnson
- A luxurious vacation to a wellness resort in Thailand
- First-class plane tickets to anywhere in the world
- A chance to win luxury cars and a variety of other vehicles
Omaze is constantly offering new promotions and attractive prizes. Check their website to view more prizes , including the prize information. It also provides previous prizes and the winners. For contests that have been held previously you will also be able to see the amount that the charity has received.
Who was the person who started Omaze?
Omaze was founded on the 12th of December 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 ideal trip: a basketball game and meal in the company of Magic Johnson. But, the bidding was to the point that they were outbid. The prize raised just $15,000.
The two didn’t understand why such a huge prize only brought in a small amount to support a worthy cause. They also thought that the method of fundraising was restricted to those who are wealthy. They believed that amazing experiences like this should not be restricted to a small number of wealthy individuals.
So they decided to develop a new kind of fundraising, which would be available to a large amount of people.
This fundraiser would be made available online, so everyone could take part. It wouldn’t take a lot of money to enter this event, which could encourage more participants and help raise more funds to support the cause.
They believe that charitable organizations can feel more confident about advertising themselves on the platform, since it’s an excellent cause. The platform lets charities reach out to a broader audience in an attractive way to raise money.
Is Omaze real?
Although the company has received some criticism, it appears that they’re actually legitimate. As of now, they’ve raised over $100 million for charity , and have distributed the prizes to participants as promised. Numerous famous personalities have also supported and advocated on behalf of the organization.
Several winners have also spoken of the awards they have received. They also have a video on Omaze’s official Omaze Youtube channel.
Omaze is also certified by Omaze is also accredited by Better Business Bureau with an A+ rating. Review Of Omaze
Because it’s a not-for-profit company, Omaze takes around 20 percent of donations. Suppose you want 100% of your donations to be donated to a non-profit. If that is the situation, you may decide to donate directly to the non-profit or charity instead. The best part of Omaze is the fact that it allows you to have the chance to do something positive while in the process, get the chance to receive a wonderful 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 allows you to donate just $10. When the amount of donation increases, the proportion of entries will also increase, and the equivalent for 1 entry decreases. For instance, a $150 donation equals 2000 entries, which means one entry for every seven cents that are donated. Review Of Omaze
Here are the donation amounts with the equivalent number of entries:
- 10$ = 20 tickets
- $25 = $25 = 125 entries (most well-liked option, according to the site)
- $50 = 500 entries
- $1200 = $100
- 150 = 2000 entry
According to Omaze, their company takes approximately 12% to 20% of net earnings. These funds are used to cover operational costs, such as advertising, content creation and processing fees for payments. A majority of the funds are donated to charities.
For a more precise understanding Here’s the difference between non-celebrity prizes and celebrity prizes. For prizes that are awarded to celebrities which are generally cheaper, sixty percent of prize goes to the charity, while 25 percent goes to Omaze. For prizes that are more costly, such as vacations, cars, or cash fifteen percent of donation goes to charity while 65%-75 percent is given to Omaze.
Omaze is currently unable to offer refunds because the money is donated to charitable causes. However, if you have any questions regarding 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 issues. In this case you can send them directly to their website via the Support Center and Submit a Request link. There is also a wealth of details and frequently asked questions in the Support Center.
Omaze can be described as an internet-based fundraising platform which allows users to make donations to charities to be eligible to win prizes that are unique as well as experiences. It’s a legitimate company that has been operating for many years. It has helped various charities achieve their goals by making donations for them. Its unique fundraising model gives everyone the chance to gain incredible experiences once in a lifetime.
Omaze is a different method to give to charity. It has however, received a lot of critiques regarding how much actually is donated to charities. It’s understandable, since Omaze is a company which is a profit-making organisation. If your goal is to simply donate to a charity and make sure all proceeds go to them, then donate directly to the charity instead. But if you’re interested in one of Omaze’s fabulous prizes you can donate to Omaze instead. It’s a win-win since you have the chance to win a prize while donating to a worthy cause.
FAQS Review Of Omaze
Where is Omaze where is it based?
Omaze is based at Los Angeles, California.
Is my contribution tax-deductible?
All Omaze donations go through Charities Aid FoundatAmerica ion (CAFA). Because CAFA is an US charity, all donations made by US donors through the Omaze platform are tax-deductible to the extent the law permits. However, if your contribution is accompanied by an experience reward then the value of the perk will be subtracted. If you give $100 and get an experience worth $75, your tax-deductible donation is $25.
Are there any Omaze frauds?
Although Omaze is being attacked by numerous people online as a fraud however, the company is completely authentic. They are able to raise funds to benefit the organizations involved and reward participants in accordance with their promises. To ensure your security, just make sure to give your money to the authentic Omaze web site. Check to make sure the site is legitimate or not before donating your money.
What are the odds of winning?
The more you give the greater your chance of winning since a higher donation equals a more significant number of entries. You can however take part without contributing, which qualifies you for a set amount of entries.
What is the process to confirm a winner?
When the contest has ended, a potential winner is 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 details about the process on their website.
How do they contact and to announce winners?
An Omaze representative will notify potential winners via email. The potential winner has 24 hours to respond to the initial email. The Omaze could follow up with a planned video conference, too. After a winner is been confirmed and responded to their initial emails, they need to accept the paperwork provided to them through The Events Team as part of the process of confirming the winner.
Do note Omaze does not contact winners via social media. Instead, it will contact them by email.
How does Omaze earn money?
As a for-profit organization, Omaze collects a 20% fee on net raises from their campaigns. To keep them up and running this amount is used to cover the operational expenses like advertisements, content creation, and payment processing fees.