Omaze is an online platform where people can give to charities and get a chance to be the winner of various prizes and experiences. It’s a unique crowdfunding method of raising funds. As per the website, the users have raised more than 150 million dollars and have supported more than 350 charities. The charities are spread across the globe. 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 required to be entered into 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 unique prize, from luxurious automobiles to unique experiences.
Before you go on, 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.
How does Omaze work?
The Story Of Omaze
Omaze believes that every person should have the chance to be a part of fundraising. In the past, charitable organizations typically relied on fundraising events that only the rich and famous were invited to. Omaze set out to open up auctions for charity through its unique fundraising model. This means that everyday people can donate to the charity they choose for as low as $10.
You have two options to participate. You can donate, and the other is by taking part for no cost. It is possible to enter any contest without donating and you’ll earn extra entries based on how much you donate. The greater your donation, the more prize entries you’ll get.
To make a donation, select “Enter Now” from the Experience or Prize page on the website. Then choose a donation amount and follow the steps to provide your information. You can donate as many times as you want. There is however an upper limit on entries that is dependent what prize you win.
To be eligible for a free entry, go to 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 receive a specific number of entries. You can submit the form at any time you like, but again there is a maximum entry limit.
Omaze has faced criticism about how much of the prize goes toward the actual charity. In the case of expensive prizes, around 10-15 percent of the donation goes to charity. The company has stated to say that 10% is an impressive amount. The remaining donation is used to pay for operational and marketing costs to keep them running. It is important that people are encouraged to give because of attractive prizes.
For prizes that are less costly The company claims that 60 percent of the donation goes to charity.
Donations made through the website directly go to 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 makes use of donations to pay grants for charitable organisations.
Omaze provides a range of amazing prizes, which they refer to as Experiences. These prizes include luxurious cars as well as dream homes, a possibility to see your favorite celebrity or have a unique journey.
Here are some examples of the previous and present prizes that are offered by Omaze:
- The chance to be the owner of a multimillion-dollar Miami dream house
- A vacation in Japan curated just for you
- An unforgettable safari with a luxurious stay in Giraffe Manor in Kenya
- A chance to get tickets to two of the first Virgin Galactic flights to space
- A private meet and meet and greet for Dwayne “The Rock” Johnson
- A luxurious trip to a wellness retreat in Thailand
- First class tickets on planes to anyplace in the world.
- A chance to win luxury cars and a variety of other vehicles
Omaze has a constant stream of new promotions and attractive prizes. Visit their website to see additional prizes and details. Also, you can view previous prizes and the winners. For previous contests you will also be able to see how much the charity received.
Who started Omaze?
Omaze was created on the 12th of December 2012, in 2012 by Ryan Cummins and Matt Pohlson. The website says that they came up with the idea after attending an auction benefitting charity. The auction item was their ideal trip: a basketball game and meal in the company of Magic Johnson. The bidding was to the point that they were outbid. The prize was just $15,000.
They couldn’t comprehend the reason why a prize of this magnitude only raised a tiny amount to support a worthy cause. They also felt that this fundraising model was limited to those who are wealthy. They thought that incredible experiences such as this shouldn’t be accessible only to a select group of wealthy people.
They decided to create an innovative method of fundraising that could be accessible to a substantial amount of people.
This fundraiser would be made available online, so anyone could take part. People wouldn’t need a lot of funds to participate this event, which could increase participation and to raise money for the charity.
They also believe that charitable organizations should feel better about marketing themselves through the platform, since it’s an excellent cause. Their platform allows charities to connect with a wider audience in an attractive way to raise funds.
Is Omaze legit?
While the company has faced some criticism, it appears that they are indeed legitimate. They have collected more than $100 million for charity and have distributed the prizes promised to participants. Numerous famous personalities have also been a part of the campaign and lobbied to the program.
Several winners have also spoken regarding the prize they have won. They also have a video on Omaze’s official Omaze Youtube channel.
Omaze is also accredited by the Better Business Bureau with an A+ rating. The Story Of Omaze
As a non-profit corporation, Omaze takes around 20 percent of donations. Suppose you want 100% of your donations to go to the non-profit. In that situation, you may decide to donate direct to the nonprofit organization or charity instead. However, the fun part with Omaze is that you have the chance to do something positive and at the same time getting to receive a wonderful experience. This makes it appealing to a broader number of people. If you’re seeking unique experiences, then Omaze is an excellent opportunity.
Cost and Price Plans
Omaze allows you to donate starting at just $10. As the donation amount increases, the number of entries will also increase, and the value of one entry decreases. For instance $150 is equal to 2000 entries. This is one entry for every seven cents that are donated. The Story Of Omaze
Here are the donation amounts in the same amount, with the equivalent amount of entry entries
- $20 = 20 entry
- $25 = 125 entries (most popular option according to the site)
- $50 = 500 entries
- $1200 = $100
- $150 = 2000 entries
According to Omaze, their company takes about 12%- 20% of net profits. These funds are used to pay for expenses for operations, like marketing, content creation, and processing fees. Around 60%-70% of funds go to charity.
To be more precise, here’s how it differs between celebrity prizes and non-celebrity prizes. For the prizes of celebrities that are usually more affordable, sixty percent of money goes to the charity, while 25 percent goes to Omaze. For prizes that are more costly, such as automobiles, vacations, or cash, 15% of the donation goes to charity while 65%-75 percent is given to Omaze.
Omaze currently doesn’t provide refunds as the money is donated to charitable causes. However, if you encounter any questions with your transaction, you should contact Customer Service as soon as possible.
Customer Service Contact Info
Suppose you have any queries, issues or concerns. In this case you can send them directly to their site through the Support Center and Submit a Request link. You can also access details and frequently asked questions at the Support Center.
Omaze is an online fundraising platform that allows people to donate to charities to be eligible to win unique prizes and experiences. It’s a legitimate company that has been operating for many years. It has helped various charities achieve their goals by raising money for them. Its unique fundraising model allows everyone to have the opportunity to experience unforgettable experiences that will last a lifetime.
Omaze is a different method to give to charity. It has however, received critiques regarding how much actually goes to charity. But, this is understandable as Omaze is a commercial enterprise, so it’s a for-profit organisation. If your goal is to donate money to a charity and make sure that 100% goes to them, then donate directly to the charity instead. However, if you’re looking to win one of Omaze’s amazing prizes make sure to donate via Omaze instead. You get the chance to win prizes while also contributing to a worthy cause.
FAQS The Story Of Omaze
Where is Omaze located?
Omaze is based within Los Angeles, California.
Can my tax-deductible contribution be deducted?
All Omaze donations are made through Charities Aid FoundatAmerica ion (CAFA). Since CAFA is a US charity, all donations made by US donors via Omaze are tax-deductible. Omaze platform are tax-deductible in the amount the law allows. If, however, your donation is made in conjunction with an experience perk then the value of the perk will be subtracted. If you give $100 and earn an experience perk of $75, then your tax-deductible contribution will be $25.
Is there any Omaze scams?
Although Omaze is being attacked by many people online as a fraud but the business is legit. They can raise funds to benefit the organizations involved and award participants as promised. To ensure your safety ensure that you make your donation through the official Omaze web site. Verify if the site is legitimate or not prior to making a donation of your money.
What are the chances of winning?
The more you donate, the higher your chances of winning because a larger donation equals a greater number of entries. However, you can still participate without contributing money and still be eligible for a specific number of entries.
How can they verify the winner?
After the contest is over after the contest has ended, a winner could be randomly selected using an encrypted and secure random-number generator. Following the random drawing process, the Omaze team completes the winner confirmation process. More details about the process at their site.
How do they reach them and to announce winners?
An Omaze representative will notify the potential winner via email. The potential winner has up to 24 hours to respond to the initial email. The Omaze could follow up with a planned video conference, too. If a winner has responded to and confirmed their initial emails, they must sign paperwork sent to them through The Events Team as part of the process of confirming the winner.
Please note that Omaze will never contact winners via social media, only through email.
How does Omaze make money?
Omaze is a non-profit company. Omaze collects 20% of net raises generated by their campaigns. To ensure they stay operating the fee is used to pay for the operational expenses like advertisements, content creation, and processing fees.