Omaze is an online platform where people can donate to charitable causes and also win various prizes and experiences. It’s a unique crowdfunding approach to fundraising. Based on the information provided by the firm, users have raised more than 150 million dollars and have supported more than 350 charitable organizations. These charities are located across the globe. These charities are major credited non-profit organizations such as UNICEF, After-School All-Stars, Julia’s House, Product Red and Make-A-Wish Foundation.
Donations aren’t required to enter a contest, however, they can earn additional contest entries as well as other perks. 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 continue, you may want to check out this video by The Entrepreneur on YouTube that gives a quick review. Afterward, you will want to read the rest of the article for a more comprehensive review of Omaze.
What is the process behind Omaze work?
Ryan Cummins, Omaze
Omaze believes that every person should have the chance to be a part of fundraising. Traditionally, charitable organizations usually depended on fundraising events where only the wealthy and famous were invited to. Omaze wanted to democratize auctions for charity through its unique fundraising model. It allows everyday citizens to give to the charity they choose for as little as $10.
Two ways to participate. The first is through donating while the other option is entering for no cost. You are able to participate in any contest without donating however you will earn extra entries depending on the amount you give. The greater your donation is, the more prize entries you’ll receive.
To donate, simply go to “Enter Now” from the Experience or Prize page on the website. Choose a amount to donate and follow the instructions to fill in your details. You are able to make donations as often as you like. However, there is an upper limit on entries which varies based upon the amount of prize.
To enter 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’ll need to fill out a form. Upon submitting the form, you will receive a particular amount of entries. You may submit the form multiple times as you like, but again, there is a maximum Entry limit.
Omaze has received some criticism over how much of the donation is actually going to charity. For expensive prizes, only 10 to 15 percent of the money is donated to the charity. The company has replied with the statement that 10% still an amount that is significant. The remaining donation is used to cover expenses for marketing and operational costs to ensure that they are running. It is important that people are motivated to donate because of the attractive prizes.
For prizes with lower costs The company claims 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 uses donations to fund grants to charitable organisations.
Omaze provides a range of incredible prizes, which they call Experiences. The prizes include luxury cars, dream homes, a opportunity to get to know your favourite celebrity, or a once-in-a-lifetime trip.
Here are a few examples of the past and current prizes offered by Omaze:
- The chance to win an enviable multimillion dollar Miami dream home
- A vacation in Japan curated just for you
- A memorable safari experience and stay at Giraffe Manor in Kenya
- An opportunity to be the first to win tickets to two of the first Virgin Galactic flights to space
- A private meet and meet and greet featuring Dwayne “The Rock” Johnson
- A luxury trip to a spa resort in Thailand
- First class tickets on planes to anyplace in the world.
- A chance to win luxury automobiles and other vehicles
Omaze has a constant stream of new campaigns and enticing prizes. Check their website for additional prizes and information. Also, you can view previous prizes and winners. For previous contests, you can also see the amount that the charity received.
Who was the person who started Omaze?
Omaze was created on the 12th of December 2012, through Ryan Cummins and Matt Pohlson. The website says that they had the idea after attending an auction for charity. The item up for bidding was their ideal experience including a basketball game as well as dining together with Magic Johnson. But, the bidding was so high that they were outbid. The prize was only $15,000.
The two didn’t understand why such a big prize only raised a tiny amount for a good cause. They also thought that the fundraising model was limited to rich people only. They felt that extraordinary events like this should not be available only to a select group of wealthy people.
So they decided to develop a new kind of fundraising that could be available to a more large amount of people.
This fundraising would be available online, so anyone could take part. It wouldn’t take a lot of money to enter and increase participation and raise more funds in support of the organization.
They believe that charitable organizations ought to feel more comfortable advertising themselves on this platform because it’s an important cause. The platform lets charities connect with a wider public in a more appealing way to raise money.
Is Omaze real?
Although the company has received some criticism, it seems that they are indeed legitimate. They have raised more than $100 million for charity and have awarded the prizes to participants as promised. Many famous celebrities have also supported and advocated on behalf of the organization.
Many winners have also spoken regarding the prize they have received. They are also featured on Omaze’s Omaze channel. Omaze Youtube channel.
Omaze is also certified as a member of the Better Business Bureau with an A+ rating. Ryan Cummins, Omaze
Since it’s a for-profit organization, Omaze takes around 20 percent of donations. Suppose you want all of your donations to go to the non-profit. In this scenario, you could think about donating straight to the charity organization or charity instead. However, the fun part with Omaze can be that you are able to make a difference and in the process, get the chance to get a great experience. This makes it appealing to a broader number of people. If you’re looking for unique experiences Then Omaze is a fantastic opportunity.
Cost and Price Plans
Omaze allows you to donate starting at just $10. As the donation amount increases, the percentage of entries will also increase, and the value of one entry decreases. For example $150 is equal to 2000 entries. This is one entry for every seven cents given. Ryan Cummins, Omaze
Here are the donations amounts in the same amount, with the equivalent amount of entry entries
- 10$ = 20 tickets
- $25 = 125 entries (most popular option according to the site)
- $500 = $50 entries
- $100 = 1,200 entries
- $150 = 2000 entries
According to Omaze, their company takes about 12%- 20% of net profits. These funds are used to pay for operating expenses, including marketing, content creation, and processing fees. A majority of the funds go to charity.
To be more precise This is how it differs between the celebrity and non-celebrity prizes. For prizes that are awarded to celebrities, which are typically cheaper, sixty percent of money goes to charity and 25 percent is given to Omaze. For more expensive prizes like cars, vacations, or cash, fifteen percent of amount is donated to charity, while 65%-75 percent goes to Omaze.
Omaze currently doesn’t offer refunds since the donations are for charitable causes. However, if you have any issues with your transaction You should get in touch with Customer Service as soon as possible.
Customer Service Contact Info
Suppose you have any questions, concerns or issues. In that case you can submit them directly to their website through their Support Center and Submit a Request link. There is also a wealth of information and find frequently asked questions on the Support Center.
Omaze is an online platform for fundraising that lets people donate to charities with the possibility to win unique prizes and experiences. It’s a legitimate company that has been operating for many years. It has helped numerous charities achieve their goals by raising funds for them. Its unique fundraising strategy allows everyone to have the opportunity to enjoy unforgettable experiences that will last a lifetime.
Omaze is a new method to give to charity. 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 company and is a non-profit company. If your intention is to donate money to a charity and make sure that 100% goes to them, you could donate straight to your charity. However, if you’re looking to win one of Omaze’s fabulous prizes, then donate through Omaze instead. You can be the winner of a prize and also donate to a great cause.
FAQS Ryan Cummins, Omaze
Where is Omaze located?
Omaze is based in Los Angeles, California.
Can my tax-deductible contribution be deducted?
All Omaze donations are made through Charities Aid FoundatAmerica ion (CAFA). Since CAFA is an US charity, all donations made by US donors using Omaze are tax-deductible. Omaze platform can be tax-deductible as long as the law allows. However, if your contribution is accompanied by an experience perk that is worth more than the experience perk will be deducted. For example, if you make a donation of $100 and earn an experience perk of $75, then your tax-deductible contribution will be $25.
Is there any Omaze frauds?
While Omaze is being attacked by many people online as a fraud, the company is totally legitimate. They can raise funds for the charities involved and reward participants in accordance with their promises. To ensure your safety be sure to give your money to Omaze’s official Omaze site only. Check to make sure the site is legitimate or not prior to donating your money.
What are the chances of winning?
The more you give the greater your chance of winning because a larger donation equals a larger number of entries. However, you can still enter without contributing, which qualifies you for a certain number of entries.
How do they confirm that they have a winner?
Once the contest has closed after the contest has ended, a winner could be randomly chosen using a cryptographically secure random number generator. Following the random drawing process Omaze’s team finishes the process of confirming winners. There are more details on the process at their site.
How do they contact and announce winners?
An Omaze representative notifies the potential winner via email. The potential winner has 24 hours to respond to the initial email. The Omaze may follow up with a planned video call as well. If a winner has responded to and confirmed the initial email, they need to complete the form provided by The Events Team as part of the confirmation process for winners.
Note that Omaze will never reach out to winners via social media. It will only contact them via email.
How does Omaze earn money?
As a for-profit organization, Omaze is able to collect a 20% fee on net raises from their campaigns. To ensure they stay up and running this amount is used to pay for operational costs, such as advertisements, content creation, and processing fees for payments.