Omaze is an online platform on which users can give to charities and have the chance to get various prizes and experience. It’s a unique crowdfunding method of raising funds. As per the website, users have raised more than 150 million dollars and supported over 350 charities. The charities are spread across the globe. These charities are renowned non-profit organizations such as UNICEF, After-School All-Stars, Julia’s House, Product Red as well as Make-A-Wish Foundation.
Donations aren’t required to participate in a contest, but they earn extra contest entries and other perks. Users are able to choose the cause they’d like to contribute to. Every contest comes with its unique prize, from luxurious cars to once-in-a-lifetime experience.
Before you go on, you may want to watch this video by The Entrepreneur on YouTube that gives a quick review. Afterward, you will want to read the rest of the article for a more comprehensive review.
What is the process behind Omaze function?
Whats Up With Omaze
Omaze believes that everyone deserves the opportunity to participate in fundraisers. In the past, charitable organizations typically depended on fundraising events where only the famous and wealthy attended. Omaze wanted to democratize auctions for charities with its unique fundraising method. This means everyday people can give to the charity of their choice for as low as $10.
Two ways you can enter. One is by donating, and the other is by participating for no cost. You can enter any contest with no donation however you will earn extra entries depending on the amount you contribute. The higher your donation is, the more prize entries you’ll get.
To donate, click “Enter Now” from the Experience or Prize page on the website. Then choose a donation amount and follow the steps to enter your personal information. You can give as many times as you want. There is however an entry limit for each person which varies based what prize you win.
To enter for free, go to the Experience or Prize page on the website. Click on the “enter without contributing link” and follow the instructions. You’ll be required to complete the form. Upon submitting the form, you will receive a particular number of entries. You can submit the form as many times as you want, however, you will be subject to a certain entry limit.
Omaze has been criticized regarding what percentage of prize is actually going to charity. For the most expensive prizes, only about 10-15 percent of the donation goes to the charity. The company has stated to say that 10% is still a significant amount. The remaining donation is used to pay for the costs of marketing and operations to continue to run the business. The most important thing is that people are motivated to donate because of the attractive prizes.
For prizes with lower costs The company claims that 60 percent of the donation goes to charity.
Donations made on the site are directly donated into 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 makes use of donations to pay grants to charitable organisations.
Omaze provides a range of amazing prizes, which they call Experiences. These prizes include luxurious cars as well as dream homes, a possibility to see your favourite celebrity or have a unique journey.
Here are a few examples of past and present prizes that are offered by Omaze:
- A chance to be the owner of 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
- An opportunity to be the first to win 2 seats for one of the very first Virgin Galactic flights to space
- An exclusive meet and greet for Dwayne “The Rock” Johnson
- A luxurious trip to a spa resort in Thailand
- First class plane tickets to any destination in the world
- The chance to win luxurious vehicles and other vehicles
Omaze has a constant stream of new campaigns and enticing prizes. Check their website to see more prizes with the information. It also provides previous prizes and the winners. For previous contests you can also view the amount the charity received.
Who came up with Omaze?
Omaze was created at the end of 2012 in 2012 by Ryan Cummins and Matt Pohlson. The website says that they had the idea after they attended an auction for charity. The item that was up for auction was their ideal trip: a basketball game and dining with Magic Johnson. But, the bidding was so high that they ended up being outbid. The prize ended up raising 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 fundraiser was only available to those who are wealthy. They believed that amazing events like this should not be accessible only to a few wealthy people.
Then they came up with an entirely new method of fundraising, which would be accessible to a substantial number of people.
This fundraiser would be made available online, so everyone could participate. Participants wouldn’t require much cash to participate and increase participation and raise more money for the charity.
They believe that charitable organizations should feel better about marketing themselves through this platform since it’s for a great cause. The platform lets charities reach out to a broader public in a more appealing way to raise more funds.
Is Omaze legitimate?
While the business has been the subject of some criticism, it seems that they are indeed legitimate. They have collected more than $100 million for charity and have given out prizes to participants as promised. Many famous celebrities have also supported and advocated for the platform.
Several winners have also spoken about the prizes they received. They are also featured on Omaze’s official Omaze Youtube channel.
Omaze is also certified by The Better Business Bureau with an A+ rating. Whats Up With Omaze
Because it’s a not-for-profit company, Omaze takes around 20 percent of donations. Suppose you want 100% of your donations to go to the non-profit. If that is the situation, you may think about donating straight to the charity organization or charity instead. The best part with Omaze is that you get to do something positive while at the same time getting to receive a wonderful experience. This makes it very appealing to a larger number of people. If you’re interested in once-in-a-lifetime experiences Then Omaze is a great opportunity.
Cost and Price Plans
Omaze lets you make donations for just $10. As the donation amount increases, the number of entries also increases, and the equivalent for 1 entry decreases. For instance, a $150 donation equals 2000 entries, which means one entry for every seven cents that are donated. Whats Up With Omaze
Here are the donations amounts that are equivalent to the number of entries:
- $20 = 20 entry
- $25 = $25 = 125 entries (most well-liked option, according to the site)
- $50 = 500 entries
- 100$ = 1200 entry
- $150 = 2000 entries
According to Omaze the company, they take about 12%- 20% of net funds. These funds are used to pay for operational costs, such as marketing, content creation, and processing fees for payments. Around 60%-70% of funds go to charity.
For a more precise understanding This is how it differs between celebrity prizes and non-celebrity prizes. For celebrity prizes that are usually cheaper 60percent of prize goes to charity and 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 is currently unable to provide refunds as the donations are for charitable causes. However, if you have any concerns regarding your transactions it is recommended to contact Customer Service as soon as possible.
Customer Service Contact Info
If you have any concerns, questions, concerns or concerns. In that case, you may submit them directly to their website through using the Support Center and Submit a Request link. You can also access details and frequently asked questions in the Support Center.
Omaze can be described as an internet-based fundraising platform that lets people donate to charities to be eligible to win exclusive prizes and experiences. It’s a legitimate organization that has been running for many years. It has helped numerous charities reach their goals by raising funds for them. The unique fundraising method gives everyone the chance to gain amazing once-in-a-lifetime experiences.
Omaze is a different way to donate to charity. However, it has received critiques regarding how much actually is donated to charities. It’s understandable, since Omaze is a business, so it’s a for-profit company. If your goal is to just donate money to an organization and ensure that the entire amount goes to them, then donate straight to your charity. But if you’re interested in one of Omaze’s amazing 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 great cause.
FAQS Whats Up With Omaze
Where is Omaze located?
Omaze is headquartered within Los Angeles, California.
Does my contribution count as tax-deductible?
All Omaze donations go through Charities Aid FoundatAmerica ion (CAFA). Because 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 contribution is accompanied by an experience reward, the value of the experience perk will be deducted. If you give $100 and get a perk worth 75 dollars, the tax-deductible contribution is $25.
Is there any Omaze frauds?
Although Omaze is being criticized by numerous people online as a fraud but the business is authentic. They can raise funds for the charities involved and reward participants in accordance with their promises. To protect yourself ensure that you give your money to the authentic Omaze website only. Double-check to see if the website is fake or not before donating your money.
What are the chances of winning?
The more you contribute, the higher your chances of winning because a larger donation equals a greater amount of entries. But, you are able to participate without contributing money, which qualifies you for a certain amount of entries.
How can they verify that they have a winner?
When the contest has ended, a potential winner is randomly selected using a cryptographically secure random-number generator. After the random draw process Omaze’s team finishes the winner confirmation process. More information about the process through their official website.
How can they get in touch with them? the winners?
An Omaze representative notifies the potential winner via email. The potential winner has up to 24 hours to reply to the initial email. The Omaze may follow up with a scheduled video conference, too. Once a potential winner has been confirmed and responded to the initial email, they need to sign paperwork sent to them by the Events Team as part of the confirmation process for winners.
Please note Omaze won’t contact the winners through social media. Instead, it will contact them by email.
How does Omaze earn its money?
Omaze is a non-profit company. Omaze is able to collect 20% of net raises from their campaigns. To ensure they stay functioning the fee can be used to fund operating expenses, including advertising, content creation and processing fees.