Omaze can be described as an online marketplace that allows users can donate to charitable causes and get a chance to win various prizes and experiences. It’s a unique method for fundraising. As per the website, its users have raised over 150 million dollars, and have benefited over 350 charitable organizations. They have charities across the globe. These charities are major credited non-profit organisations like UNICEF, After-School All-Stars, Julia’s House, Product Red and Make-A-Wish Foundation.
Donations are not required to enter a contest, but they earn extra contest entries and other perks. Users can decide what charity they would like to donate to. Each contest has its own special prize, ranging from luxury cars to unforgettable experiences.
Before you go on, you may want to check out this video by The Entrepreneur on YouTube that gives a quick review. After, you’ll want to read the rest of our article for a more comprehensive review.
How does Omaze function?
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Omaze believes that every person deserves the opportunity to take part in fundraising. Traditionally, charitable organizations usually relied on fundraising events that only the wealthy and famous were invited to. Omaze wanted to democratize auctions for charities with its unique fundraising method. It allows everyday citizens to give to the charity they choose for as little as $10.
There are two ways to participate. The first is through donating while the other option is taking part for no cost. You can enter any contest for free, but you earn additional entries depending on the amount you give. The more you donate 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 enter your personal information. You may donate as many times as you want. There is however an entry limit for each person that is dependent what prize you win.
To be eligible for a free entry visit the Experience or Prize page on the website. Click the “enter without contributing link” and follow the instructions. You’ll be required to complete a form. Upon submitting the form, you will receive a particular number of entries. The form can be submitted at any time you’d like, however, you will be subject to a certain entry limit.
Omaze has faced criticism over how much of the prize is actually going to charity. For the most expensive prizes, only around 10-15 percent of the donation goes to charity. The company has stated that 10 percent is still an amount that is significant. The remainder of the money will be used to pay the costs of marketing and operations to ensure that they are running. It is important that people are motivated to contribute due to the attractive prizes.
For less expensive prizes The company says that 60% of the money goes to charity.
Donations made through the website go directly towards Charities Aid Foundation America (CAF America). It’s a nonprofit organization which has partnered with Omaze in making fundraising easy, safe, and effective. CAFA makes use of donations to pay grants to charitable organizations.
Omaze offers a wide range of amazing prizes, which they call Experiences. The prizes include luxury cars and dream homes, a chance to meet your favourite celebrity, or a once-in-a-lifetime travel experience.
Here are a few examples of the past and current prizes offered by Omaze:
- The chance to win an enviable multimillion dollar Miami dream house
- A vacation in Japan curated just for you
- A memorable safari experience with a luxurious stay in Giraffe Manor in Kenya
- A chance to be the first to win 2 seats for one of the very first Virgin Galactic flights to space
- A private meet and meet and greet with Dwayne “The Rock” Johnson
- A luxury trip to a wellness resort in Thailand
- First class plane tickets to any destination in the world
- The chance to win luxurious cars and a variety of other vehicles
Omaze has a constant stream of new promotions and attractive prizes. You can check their website to see more prizes with the details. It also provides previous prizes as well as the winners. For previous contests you can also view the amount that the charity received.
Who came up with Omaze?
Omaze was founded at the end of 2012 through Ryan Cummins and Matt Pohlson. According to the website, they got the idea after attending a charity auction. The item that was up for auction was their dream experience: a basketball game and meal in the company of Magic Johnson. However, the bidding went so high that they ended up being outbid. The prize ended up raising just $15,000.
They couldn’t comprehend why such a big prize only raised a tiny amount to support a worthy cause. They also felt that this fundraising model was limited to wealthy people only. They felt that extraordinary experiences such as this shouldn’t be restricted to a small number of wealthy individuals.
They decided to create an entirely new method of fundraising, which would be available to a large amount of people.
This fundraising would be available online, so anyone could participate. It wouldn’t take much funds to participate this event, which could make it easier for more people to participate and to raise money in support of the organization.
They also believe that charitable organizations ought to feel more comfortable advertising on the platform, since it’s an important cause. The platform lets charities communicate with a larger market in a way that is appealing to raise funds.
Is Omaze legit?
While the company has faced some criticism, it appears that they’re actually legitimate. So far, they have collected more than 100 million dollars for charity and have distributed the prizes promised to participants. Many famous celebrities have also supported and advocated on behalf of the organization.
A number of winners have also talked about the prizes they received. They are also featured on Omaze’s Omaze channel. Omaze Youtube channel.
Omaze is also accredited with the Better Business Bureau with an A+ rating. Volkswagen Tesla Omaze
Because it’s a not-for-profit company, Omaze takes around 20% of the donations. Imagine you want 100% of your donations going to a non-profit. In this scenario, you could consider donating direct to the nonprofit organization or charity instead. The best part about Omaze is that you have the chance to make a difference and simultaneously getting to be awarded a fantastic experience. This makes it appealing to a wider range of people. If you’re looking for unique experiences Then Omaze is an excellent opportunity.
Cost and Price Plans
Omaze lets you make donations for just $10. If the amount you donate increases, the percentage of entries increases and the equivalent for 1 entry decreases. For instance 150 dollars equals 2000 entries, which is 1 entry for every 7 cents given. Volkswagen Tesla Omaze
Here are the amounts for donations with the equivalent quantity of entries
- $10 = 20 entries
- $25 = 250 entries (most popular option according to the website)
- $50 = 500 entries
- $1200 = $100
- $150 = 2000 entries
According to Omaze their business, it takes approximately 12% to 20% of net funds. The money is used to pay for expenses for operations, like marketing, content creation, and processing fees. About 60%-80% of the funds go to charity.
To be more precise This is how it differs between non-celebrity prizes and celebrity prizes. For prizes that are awarded to celebrities, which are typically less expensive 60percent of prize is given to charities and 25 percent is given to Omaze. For prizes that are more costly, such as cars, vacations or cash, fifteen percent of amount goes to charity while 65%-75% goes to Omaze.
Omaze is currently unable to offer refunds because donations are made to charitable causes. If you do have any concerns with your transaction, you should contact Customer Service as soon as possible.
Customer Service Contact Info
If you have any concerns, queries, issues or concerns. If so you can submit them directly to their website via using the Support Center and Submit a Request link. You can also find details and frequently asked questions on the Support Center.
Omaze is an online platform for fundraising that lets people donate to charitable organizations with the possibility to win unique prizes and experience. 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 allows everyone to have the chance to gain amazing once-in-a-lifetime experiences.
Omaze is a different method to give to charity. However, it has received critiques regarding how much actually goes to charity. It’s understandable, since Omaze is a business, so it’s a for-profit organisation. If you’re looking to donate money to a charity and make sure the entire amount goes to them, you could donate straight to your charity. If you’re interested in one of Omaze’s fabulous prizes, then donate through Omaze instead. It’s a win-win since you get the chance to be the winner of a prize and also donate to a worthy cause.
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Where is Omaze located?
Omaze is headquartered at 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 via Omaze are tax-deductible. Omaze platform can be tax-deductible as long as the law allows. However, if your donation is made in conjunction with an experience reward then the value of the perk will be reduced. So if you donate $100 and get an experience perk of $75, then your tax-deductible contribution will be $25.
Do you know of any Omaze frauds?
Although Omaze has been criticized by numerous people online as a scam however, the company is completely legitimate. They can raise funds to benefit the organizations involved and reward participants in accordance with their promises. To ensure your security, just make sure to donate your money through Omaze’s Omaze official Omaze website only. Double-check to see if the site is legitimate or not prior to donating your money.
What are the odds of winning?
The more you contribute the more likely you are of winning, as a greater donation equals a greater number of entries. However, you can still take part without contributing, which qualifies you for a specific number of entries.
How do they confirm the winner?
When the contest has ended after the contest has ended, a winner could be randomly selected using an encryption-secure cryptographically secured randomly generated number generator. After the random drawing process, the Omaze team completes the winner confirmation process. More details on the process through their official website.
How do they contact and announce winners?
An Omaze representative informs potential winners via email. The potential winner has 24 hours to reply to the initial email. The Omaze could respond with a scheduled video conference, too. After a winner is confirmed and replied to an initial message, they will need to complete the form provided by the Events Team as part of the winner confirmation process.
Do note Omaze does not contact the winners through social media. It will only contact them via email.
How does Omaze earn its money?
Omaze is a non-profit company. Omaze receives a 20% fee on net raises generated by their campaigns. To ensure that they are functioning the fee can be used to fund operating expenses, including advertisements, content creation, and payment processing fees.