Omaze can be described as an online marketplace that allows users can give to charities and get a chance to win various prizes and experiences. It’s an innovative method for raising funds. Based on the information provided by the firm, the users have raised more than 150 million dollars and supported more than 350 charities. These charities are located across the globe. They are the most reputable non-profit organizations such as UNICEF, After-School All-Stars, Julia’s House, Product Red as well as Make-A-Wish Foundation.
Donations are not required to be entered into a contest however, they can earn additional contest entries as well as other perks. Users are able to choose the charity they want to donate to. Every contest comes with its special prize, ranging from luxury cars to once-in-a-lifetime experiences.
Before you go on, you may want to watch this video by The Entrepreneur on YouTube that gives a quick review. After, you will want to read the rest of the article for a more comprehensive review of Omaze.
What is the process behind Omaze function?
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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 famous and wealthy attended. Omaze wanted to democratize auctions for charities with its unique fundraising method. This means everyday people can donate to the charity they choose starting at just $10.
There are two ways you can enter. You can donate, or participating for free. You are able to participate in any contest for free however you will earn extra entries depending on the amount you contribute. The greater your donation is, the more prize entries you’ll get.
To make a donation, click “Enter Now” from the Experience or Prize page on the website. Choose a amount to donate and follow the directions to enter your personal information. You may give as many times as you want. There is however a maximum Entry limit that is dependent upon the amount of 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 steps. You’ll be required to complete an online form. Upon submitting the form, you will be awarded a certain amount of entries. You may submit the form at any time you’d like, however, there is a maximum Entry limit.
Omaze has been criticized about how much of the prize goes toward the actual charity. In the case of expensive prizes, about 10-15 percent of the money is donated to charity. The company has replied that 10 percent is an amount that is significant. The rest of the donation is used to pay for operational and marketing costs to ensure that they are running. It is important that people are enticed to contribute due to the attractive prizes.
For less expensive prizes The company says that 60 percent of the prize is given to charities.
Donations made through the website go directly towards Charities Aid Foundation America (CAF America). It’s a non-profit organization which has joined forces with Omaze to make fundraising simple as well as safe and efficient. CAFA utilizes donations to help fund grants to charitable organizations.
Omaze offers a wide range of incredible prizes, which they refer to as Experiences. The prizes include luxurious vehicles as well as dream homes, a opportunity to get to know your favorite celeb, or a once-in-a-lifetime journey.
Here are a few examples of the past and current prizes provided by Omaze:
- The chance to take home an enviable multimillion dollar Miami dream home
- A vacation in Japan specially designed for you
- An unforgettable safari as well as a stay at Giraffe Manor in Kenya
- The chance to get 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 spa resort in Thailand
- First-class plane tickets to anywhere in the world
- The chance to win luxurious vehicles and other vehicles
Omaze offers constantly exciting new campaigns and prizes. Check their website to see more prizes , including the prize information. You can also see previous prizes and winners. For contests that have been held previously you will also be able to see how much the charity received.
Who came up with Omaze?
Omaze was founded on the 12th of December 2012, in 2012 by Ryan Cummins and Matt Pohlson. According to the website, they came up with the idea after attending an auction for charity. The item that was up for auction was their dream experience including a basketball game as well as dinner in the company of Magic Johnson. But, the bidding was to the point that they were outbid. The prize ended up raising just $15,000.
The two didn’t understand why such a huge prize only raised a tiny amount for a great cause. They also felt 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 small number of wealthy individuals.
They decided to create a new kind of fundraising, which would be accessible to a large amount of people.
This fundraiser would be made available on the internet, which means that everyone can participate. It wouldn’t take an enormous amount of cash to participate this event, which could make it easier for more people to participate and raise more funds for the charity.
They also think that charities ought to feel more comfortable advertising on the platform, since it’s a great cause. Their platform allows charities to connect with a wider audience in an attractive way to raise money.
Is Omaze legitimate?
While the business has been the subject of some criticism, they appear that they’re actually legitimate. So far, they have collected more than 100 million dollars for charity and have given out prizes promised to participants. Numerous famous personalities have also supported and advocated on behalf of the organization.
Many winners have also spoken about the prizes they won. They also have a video on their Official Omaze Youtube channel.
Omaze is also accredited with The Better Business Bureau with an A+ rating. Team Omaze Custom Indian Motorcycle
Because it’s a not-for-profit company, Omaze takes around 20 percent of donations. Imagine you want all of your donations to be donated to a non-profit. In that scenario, you could consider donating straight to the charity organization or charity instead. But the best thing of Omaze is that you get to contribute and simultaneously, get the chance to receive a wonderful experience. This makes it very appealing to a larger number of people. If you’re looking for unique experiences Then Omaze is a great opportunity.
Cost and Price Plans
Omaze allows you to donate starting at just $10. When the amount of donation increases, the number of entries increases and the equivalent for 1 entry decreases. For instance, a $150 donation equals 2000 entries. This is 1 entry per 7 cents that are donated. Team Omaze Custom Indian Motorcycle
Here are the donation amounts that are equivalent to the number of entries:
- 10$ = 20 tickets
- $25 = 125 entries (most sought-after option according to the website)
- $500 = $50 entries
- $1200 = $100
- $150 = 2000 entries
According to Omaze their business, it takes approximately 12% to 20% of net earnings. The money is used to fund expenses for operations, like advertising, content creation, and processing fees. Around 60%-70% of money goes to charities.
For a more precise understanding Here’s the difference between the celebrity and non-celebrity prizes. For celebrity prizes that are usually more affordable sixty percent of donation goes to the charity and 25% goes to Omaze. For higher-end prizes, like vacations, cars or cash, fifteen percent of donation goes to charity and 65% to 75% goes to Omaze.
Omaze currently doesn’t offer refunds because the donations are for charitable causes. If you do have any questions regarding your transactions, you should contact Customer Service as soon as possible.
Customer Service Contact Info
Suppose you have any queries, issues, or complaints. In that case, you may submit them directly to their site through their Support Center and Submit a Request link. You can also find information and find frequently asked questions on the Support Center.
Omaze can be described as an internet-based platform for fundraising that allows people to donate to charitable organizations in exchange for the chance to win exclusive prizes as well as experiences. It’s a legitimate organization that has been operating for several years now. It has assisted numerous charities to achieve their goals through making donations for them. Its unique fundraising model allows everyone to have the opportunity to experience amazing once-in-a-lifetime experiences.
Omaze is a new method to donate to charities. However, it has received criticism over how much of the money actually goes to charity. But, this is understandable as Omaze is a commercial enterprise, so it’s a for-profit organisation. If you’re looking to donate money to an organization and ensure that the entire amount goes to them, then you can donate straight to your 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 have the chance to win prizes while also contributing to a worthy cause.
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Where is Omaze based?
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 a US charity and all donations made by US donors via the Omaze platform can be tax-deductible as long as the law allows. If, however, your donation comes with an experience-based perk, the value of the perk will be reduced. If you give $100 and earn an experience perk of $75, your tax-deductible donation is $25.
Are there any Omaze scams?
While Omaze is being criticized by many people online as a fraud but the business is legit. They can raise funds for charities and award participants as promised. To protect yourself, just make sure to make your donation through the authentic Omaze website only. Verify if the website is genuine or not prior to donating your money.
What are the chances of winning?
The more you contribute, the higher your chances of winning, as a greater donation equals a larger number of entries. But, you are able to participate without contributing money to qualify for a set number of entries.
How do they confirm that they have a winner?
When the contest has ended, a potential winner is randomly selected using a cryptographically secure randomly generated number generator. Following the random drawing process Omaze’s team will complete the process of confirming winners. You may view more details on the process on their website.
How do they reach them and to announce winners?
An Omaze representative notifies the potential winner via email. The winner is given 24 hours to reply to the initial email. The Omaze can follow up with a planned video call as well. After a winner is been confirmed and responded to an initial message, they will need to sign paperwork sent to them from the Events Team as part of the process of confirming the winner.
Note that Omaze will never contact the winners through social media. It will only contact them via email.
How does Omaze earn money?
As a not-for-profit entity, Omaze is able to collect a 20% fee on net raises generated by their campaigns. To ensure that they are up and running this amount can be used to fund operating expenses, including advertising, content creation, and payment processing fees.