Omaze is an online platform that allows users can give to charities and get a chance to be the winner of various prizes and experiences. It’s a unique crowdfunding approach to raising money. According to the company, its users have raised more than 150 million dollars, and have benefited more than 350 charities. These charities are located across the globe. 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 participate in a contest, however, they can earn additional contest entries, as well as other benefits. Users are able to choose the charity they would like to donate to. Each contest has its own special prize, ranging from luxury automobiles to unique experience.
Before you continue, you may want to check out this video by The Entrepreneur on YouTube that gives a quick overview. Afterward, you’ll want to read the rest of our article for a more comprehensive review.
What is the process behind Omaze work?
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 attended. Omaze wanted to democratize auctions for charity through its unique fundraising model. It allows everyday citizens to donate to the charity of their choice for as low as $10.
There are two ways to participate. The first is through donating or taking part for free. You can enter any contest for free however you will earn extra entries based on how much you give. The greater your donation will result in more prize entries you’ll get.
To make a donation, go to “Enter Now” from the Experience or Prize page on the website. Then choose a donation amount and follow the instructions to fill in your details. You are able to make donations as often as you want. However, there is an entry limit for each person that varies depending upon the amount of prize.
For a chance to win for free To enter for free, visit the Experience or Prize page on the website. Select the “enter without contributing link” and follow the directions. You’ll be required to complete the form. When you submit the form, you will receive a specific amount of entries. You may submit the form as many times as you want, however the form has a limit on entries. Entry limit.
Omaze has been criticized regarding how much of the prize goes toward the actual charity. In the case of expensive prizes, about 10-15 percent of the proceeds go to the charity. The company has stated that 10 percent is an impressive amount. The remainder of the money 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 less expensive prizes The company says that 60 percent of the donation 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 partnered with Omaze in making fundraising easy as well as safe and efficient. CAFA makes use of donations to pay grants to charitable organisations.
Omaze offers a variety of amazing prizes, which they refer to as Experiences. The prizes include luxury cars, dream homes, the opportunity to get to know your favorite celebrity and a once-in-a lifetime journey.
Here are a few examples of past and current prizes that are offered by Omaze:
- The chance to be the owner of a multimillion-dollar Miami dream home
- A trip to Japan specifically designed for you
- An unforgettable safari with a luxurious stay in Giraffe Manor in Kenya
- An opportunity 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 luxury trip to a spa resort in Thailand
- First class plane tickets to any destination in the world
- Chance to win luxurious cars and a variety of other vehicles
Omaze is constantly offering new promotions and attractive prizes. Visit their website to view more prizes with the information. It also provides previous prizes as well as the winners. For previous contests you can also view the amount the charity received.
Who started Omaze?
Omaze was created at the end of 2012 by Ryan Cummins and Matt Pohlson. As per the site, they got the idea after they attended a charity auction. The auction item was their dream experience: a basketball game and meal with Magic Johnson. However, the bidding went to the point that they were outbid. The prize ended up raising only $15,000.
They couldn’t comprehend why such a huge prize only raised a tiny amount for a great cause. They also believed that this method of fundraising was restricted to rich people only. They felt that extraordinary events like this should not be restricted to a few wealthy individuals.
So they decided to develop an innovative method of fundraising that could be available to a significant number of people.
This fundraiser would be made available on the internet, which means that everyone can take part. People wouldn’t need an enormous amount of money to enter and encourage more participants and help to raise money in support of the organization.
They also believe that charitable organizations ought to feel more comfortable advertising themselves on this platform because it’s an excellent cause. The platform lets charities connect with a wider audience in an attractive way to raise money.
Is Omaze real?
While the company has faced some criticism, it seems that they’re legitimate. As of now, they’ve raised more than $100 million for charity and have distributed the prizes promised to participants. Many famous celebrities have also supported and advocated to the program.
Many winners have also spoken regarding the prize they received. Some are also featured on Omaze’s official Omaze Youtube channel.
Omaze is also accredited as a member of Omaze is also accredited by Better Business Bureau with an A+ rating. Tom Omaze
Since it’s a for-profit organization, Omaze takes around 20% of the donations. Imagine you want all your contributions to go to the non-profit. If that is the case, you might decide to donate straight to the charity or charity instead. The best part with Omaze is that you have the chance to do something positive and at the same time getting to be awarded a fantastic experience. This makes it a great attraction 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 allows you to donate as low as $10. When the amount of donation increases, the number of entries increases and the amount equivalent to 1 entry decreases. For instance $150 is equal to 2000 entries. This is 1 entry for every 7 cents given. Tom Omaze
Here are the donations amounts that are equivalent to the number of entries:
- $20 = 20 entry
- $25 = 125 entries (most sought-after option according to the site)
- $50 = 500 entries
- $100 = 1,200 entries
- 150 = 2000 entry
According to Omaze, their company takes about 12%- 20% of net funds. This is used to pay for operating expenses, including advertising, content creation and payment processing fees. About 60%-80% of the money goes to charities.
To make it more specific This is how it differs between the celebrity and non-celebrity prizes. For the prizes of celebrities which are generally cheaper 60% of the prize goes to charity and 25% goes to Omaze. For more expensive prizes like vacations, cars, or cash, 15percent of amount goes to charity while 65%-75% goes to Omaze.
Omaze is currently unable to offer refunds since the money is donated to charitable causes. However, if you have any issues with your transaction, you should contact Customer Service as soon as possible.
Customer Service Contact Info
If you have any concerns, doubts, questions or concerns. In this case you can send them directly to their website through using 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 with the possibility to win exclusive prizes as well as experiences. Omaze is a legitimate business which has been in operation for several years now. It has helped various charities to achieve their goals through making donations for them. Its unique fundraising strategy lets everyone have the chance to gain incredible experiences once in a lifetime.
Omaze is a different way to give to charity. It has however, received a lot of criticism for how much money actually goes to charity. However, it’s understandable since Omaze is a commercial enterprise and is a non-profit organisation. If your goal is to just donate money to a charity and make sure that the entire amount 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. It’s a win-win situation since you have the chance to win prizes while also contributing to a worthy cause.
FAQS Tom Omaze
Where is Omaze located?
Omaze is headquartered in Los Angeles, California.
Does my contribution count as tax-deductible?
All Omaze donations are made through Charities Aid FoundatAmerica ion (CAFA). Since CAFA is an US charity, all donations made by US donors through the Omaze platform can be tax-deductible as long as the law allows. If, however, your donation is made in conjunction with an experience-based perk that is worth more than the perk will be subtracted. If you give $100 and get an experience perk of $75, your tax-deductible contribution is $25.
Are there any Omaze scams?
While Omaze is being criticized by many people online as a scam but the business is legit. It can raise money to benefit the organizations involved and also award participants according to the promises. To ensure your safety be sure to make your donation through Omaze’s official Omaze web site. Verify if the website is fake or not prior to donating your money.
What are the odds of winning?
The more you give, the higher your chances of winning since a higher donation equals a greater amount of entries. But, you are able to participate without contributing money, which qualifies you for a certain number of entries.
How can they verify a winner?
Once the contest has closed, a potential winner is randomly chosen using an encryption-secure cryptographically secured random number generator. After the random draw process, the Omaze team completes the confirmation of the winner. There are more details on the procedure on their website.
How do they contact and the winners?
An Omaze representative informs the potential winner via email. The winner is given 24 hours to reply to the initial email. The Omaze can respond with a scheduled video call as well. Once a potential winner has been confirmed and responded to an initial message, they will need to sign paperwork sent to them through an Events Team as part of the process of confirming the winner.
Do note Omaze won’t contact the winners through social media. Instead, it will contact them by email.
How does Omaze earn money?
As a not-for-profit entity, Omaze receives a 20% fee on net raises generated by their campaigns. To ensure they stay up and running this amount is used to pay for operational costs, such as advertising, content creation and processing fees.