Omaze can be described as an online marketplace on which users can give to charities and also win various prizes and experiences. It’s a unique method for raising funds. Based on the information provided by the firm, users have raised more than 150 million dollars, and have benefited more than 350 charitable organizations. These charities are located all over the world. These charities are renowned non-profit organisations like UNICEF, After-School All-Stars, Julia’s House, Product Red and Make-A-Wish Foundation.
Donations aren’t required to participate in 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. Every contest comes with its special prize, ranging from luxury cars to unforgettable experience.
Before you go on, you may want to watch this video by The Entrepreneur on YouTube that gives a quick review. After, you’ll want to read the rest of the article for a more comprehensive review.
How does Omaze function?
What Percentage Of Money Raised Through Omaze Campaign Goes To The Charity
Omaze believes that everyone should be able to be a part of fundraising. In the past, charitable organizations typically relied on fundraisers where only the wealthy and famous were invited to. Omaze was founded to make charity auctions through its unique fundraising model. This means everyday people can give to the charity they choose for as little as $10.
You have two options you can enter. The first is through donating while the other option is taking part for free. You are able to participate in any contest for free, but you earn additional entries depending on the amount you contribute. The greater your donation, the more prize entries you’ll receive.
To make a donation, select “Enter Now” from the Experience or Prize page on the website. Select a donation amount and follow the instructions to fill in your details. You may make donations as often as you want. There is however an upper limit on entries which varies based what prize you win.
For a chance to win 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 instructions. You will need to accomplish an online form. When you submit the form, you will receive a particular amount of entries. You may submit the form multiple times as you like, but again you will be subject to a certain entry limit.
Omaze has received some criticism regarding what percentage of money goes toward the actual charity. For the most expensive prizes, only 10 to 15 percent of the donation goes to charity. The company has replied with the statement that 10% an amount that is significant. The remainder of the money is used to cover the costs of marketing and operations to ensure that they are running. What matters is that people are motivated to give because of attractive prizes.
For prizes with lower costs, the company reports that 60% of the money goes to charity.
Donations made through the website are directly donated into Charities Aid Foundation America (CAF America). It’s a non-profit organization that has partnered with Omaze in making fundraising easy, safe, and effective. CAFA makes use of donations to pay grants to charitable organisations.
Omaze provides a range of incredible prizesthat they refer to as Experiences. These prizes include luxurious cars, dream homes, a opportunity to get to know your favourite celebrity or have a unique journey.
Here are some examples of past and current prizes that are offered by Omaze:
- Chance to take home a multimillion-dollar Miami dream home
- A vacation in Japan curated just for you
- A memorable safari experience with a luxurious stay in Giraffe Manor in Kenya
- An opportunity to win tickets to two of the very first Virgin Galactic flights to space
- An exclusive meet and meet and greet for Dwayne “The Rock” Johnson
- A luxurious trip to a wellness retreat 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 campaigns and enticing prizes. You can check their website to see more prizes with the details. It also provides previous prizes and the winners. For previous contests you can also view how much the charity has 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 benefitting charity. The item that was up for auction was their ideal experience: a basketball game and meal in the company of Magic Johnson. The bidding was to the point that they were outbid. The prize was only $15,000.
They couldn’t comprehend why such a huge prize only brought in a small amount to support a worthy cause. They also felt that this fundraiser was only available to those who are wealthy. They thought that incredible experiences like this should not be accessible only to a small number of wealthy individuals.
Then they came up with an entirely new method of fundraising that could be accessible to a significant amount of people.
The fundraising will be accessible online, so everyone could participate. It wouldn’t take much funds to participate, which would increase participation and to raise money for the charity.
They also think that charities can feel more confident about advertising themselves on this platform because 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?
Although the company has received some criticism, it appears that they’re actually legitimate. They have raised over $100 million for charity , and have given out prizes to participants as promised. Many famous celebrities have also been a part of the campaign and lobbied for the platform.
Many winners have also spoken regarding the prize they have received. Some are also featured on their Omaze channel. Omaze Youtube channel.
Omaze is also certified by the Better Business Bureau with an A+ rating. What Percentage Of Money Raised Through Omaze Campaign Goes To The Charity
Since it’s a for-profit organization, Omaze takes around 20% of the donations. If you wish to have all your contributions going to a non-profit. In this case, you might think about donating directly to the non-profit organization or charity instead. But the best thing of Omaze is the fact that it allows you to have the chance to contribute while at the same time, get the chance to be awarded a fantastic experience. This makes it very appealing 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 lets you donate for starting at just $10. As the donation amount increases, the percentage of entries also increases, and the amount equivalent to 1 entry decreases. For example, a $150 donation equals 2000 entries, which means 1 entry for every 7 cents given. What Percentage Of Money Raised Through Omaze Campaign Goes To The Charity
Here are the donations amounts in the same amount, with the equivalent amount of entry entries
- 10$ = 20 tickets
- $25 = 125 entries (most sought-after option according to the site)
- $500 = $50 entries
- $100 = 1,200 entries
- 150 = 2000 entry
According to Omaze their business, it takes about 12%- 20% of net profits. This is used to cover expenses for operations, like marketing, content creation, and payment processing fees. Around 60%-70% of money goes to charities.
To make it more specific, here’s how it differs between the celebrity and non-celebrity prizes. For prizes that are awarded to celebrities that are usually cheaper, 60percent of prize goes to charity, while 25 percent goes to Omaze. For prizes that are more costly, such as automobiles, vacations, or cash, 15percent of money goes to charity and 65% to 75% goes to Omaze.
Omaze currently doesn’t offer refunds because the money is donated to charitable causes. However, if you encounter any issues with your transaction it is recommended to contact Customer Service as soon as possible.
Customer Service Contact Info
Suppose you have any doubts, questions or issues. In that case you can submit your concerns directly to their website via 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 fundraising platform that allows people to donate to charitable organizations in exchange for the chance to win exclusive prizes and experience. Omaze is a legitimate business that has been running for many years. It has assisted numerous charities reach their goals by raising funds for them. Its unique fundraising model gives everyone the opportunity to experience unforgettable experiences that will last a lifetime.
Omaze is a different way to make a donation to charities. It has however, received critiques regarding how much actually goes to charity. However, it’s understandable since Omaze is a commercial enterprise which is a profit-making company. If your intention is to simply donate to a charity and make sure all proceeds go to them, then donate direct to charity. However, if you’re looking to win one of Omaze’s amazing prizes, then donate through Omaze instead. You can be the winner of a prize and also donate to a great cause.
FAQS What Percentage Of Money Raised Through Omaze Campaign Goes To The Charity
Where is Omaze located?
Omaze is located in Los Angeles, California.
Does my contribution count as tax-deductible?
All Omaze donations go to Charities Aid FoundatAmerica ion (CAFA). Since CAFA is a 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 donation is made in conjunction with an experience perk, the value of the experience perk will be deducted. For example, if you make a donation of $100 and earn an experience perk of 75 dollars, the tax-deductible contribution is $25.
Are there any Omaze frauds?
Even though Omaze is being criticized by many people online as a scam, the company is totally authentic. They are able to raise funds for charities and also award participants according to the promises. To ensure your security be sure to make your donation through Omaze’s Omaze official Omaze web site. Double-check to see if the website is fake or not before donating your money.
What are the odds of winning?
The more you donate the greater your chance of winning since a higher donation equals a larger amount of entries. However, you can still take part without contributing, which qualifies you for a certain amount of entries.
What is the process to confirm the winner?
After the contest is over after the contest has ended, a winner could be randomly selected using an encryption-secure cryptographically secured randomly generated number generator. After the random draw process Omaze’s team finishes the process of confirming winners. There are more information about the procedure at their site.
How do they contact and announce winners?
An Omaze representative will notify the winner of the contest via email. The winner is given 24 hours to respond to the initial email. The Omaze can follow up with a planned video call as well. After a winner is responded to and confirmed the initial email, they need to accept the paperwork provided to them from an Events Team as part of the confirmation process for winners.
Do note that Omaze will never contact the winners through social media. Instead, it will contact them by email.
How does Omaze earn money?
Omaze is a non-profit company. Omaze collects a 20% fee on net raises generated by their campaigns. To ensure they stay operating, this fee is used to pay for the operational expenses like advertising, content creation and processing fees.