Omaze is an online platform where people can donate to charitable causes and have the chance to win various prizes and experiences. It’s a unique crowdfunding method of fundraising. According to the company, users have raised more than 150 million dollars, and have benefited over 350 charitable organizations. These charities are located across the globe. These charities are renowned non-profit organizations such as UNICEF, After-School All-Stars, Julia’s House, Product Red, along with Make-A-Wish Foundation.
Donations are not required to be entered into a contest but they earn extra contest entries as well as other perks. Users can decide what charity they want to donate 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 will want to read the rest of the article for a more comprehensive review.
What is the process behind Omaze function?
Why Omaze Is Bad
Omaze believes that every person should have the chance to participate in fundraisers. In the past, charitable organizations typically depended on fundraising events where only the famous and wealthy could attend. Omaze set out to open up auctions for charities with its unique fundraising model. This means everyday people can make a donation to the charity they choose starting at just $10.
Two ways you can enter. You can donate, while the other option is entering for free. It is possible to enter any contest with no donation however you will earn extra entries based on the amount you contribute. The more you donate is, the more prize entries you’ll get.
To donate, simply select “Enter Now” from the Experience or Prize page on the website. Select a donation amount and follow the directions to enter your personal information. You can give as many times as you want. But, there is an entry limit for each person which varies based what prize you win.
To be eligible for a free entry To enter for free, visit the Experience or Prize page on the website. Select the “enter without contributing link” and follow the steps. You will need to accomplish a form. When you submit the form, you will be awarded a certain number of entries. The form can be submitted at any time you want, however, you will be subject to a certain entry limit.
Omaze has faced criticism about how much of the money goes toward the actual charity. For the most expensive prizes, only around 10-15 percent of the money is donated to the charity. The company has responded to say that 10% is an amount that is significant. The remaining donation is used to pay for the costs of marketing and operations to keep them running. What matters is that people are enticed to donate because of the attractive prizes.
For prizes that are less costly, the company reports that 60% of the money is given to charities.
Donations made through the site go directly to 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 for charitable organisations.
Omaze offers a wide range of incredible prizes, which they refer to as experiences. The prizes include luxurious vehicles, dream homes, a opportunity to get to know your favorite celeb and a once-in-a lifetime journey.
Here are a few examples of past and present prizes that are offered by Omaze:
- The chance to be the owner of an enviable multimillion dollar Miami dream home
- A vacation in Japan specifically designed for you
- A memorable safari experience as well as a stay at Giraffe Manor in Kenya
- The chance to win two seats on one of the very first Virgin Galactic flights to space
- A private meet and greet featuring Dwayne “The Rock” Johnson
- A luxurious 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 offers constantly new promotions and attractive prizes. Visit their website for more prizes , including the prize information. You can also see previous prizes and winners. For previous contests, you can also see how much the charity has received.
Who came up with Omaze?
Omaze was created at the end of 2012 through Ryan Cummins and Matt Pohlson. The website says that they had the idea when they went to an auction benefitting charity. The auction item was their dream experience including a basketball game as well as meal in the company of Magic Johnson. The bidding was so high that they ended up being outbid. The prize ended up raising only $15,000.
The two didn’t understand the reason why a prize of this magnitude only raised a small amount for a great cause. They also believed that this method of fundraising was restricted to those who are wealthy. They thought that incredible experiences like this should not be accessible only to a few wealthy people.
Then they came up with a new kind of fundraising that would be accessible to a significant number of people.
The fundraising will be accessible online, so everyone could participate. Participants wouldn’t require an enormous amount of money to enter, which would encourage more participants and help raise more funds for the charity.
They think that charities ought to feel more comfortable marketing themselves through the platform, since it’s an important cause. The platform lets charities reach out to a broader audience in an attractive way to raise funds.
Is Omaze legit?
Although the company has received some criticism, they appear that they’re actually legitimate. As of now, they’ve raised over 100 million dollars for charity and have given out prizes to participants as promised. Numerous famous personalities have also been a part of the campaign and lobbied on behalf of the organization.
A number of winners have also talked about the prizes they received. They also have a video on their official Omaze Youtube channel.
Omaze is also accredited with the Better Business Bureau with an A+ rating. Why Omaze Is Bad
Since it’s a for-profit organization, Omaze takes around 20 percent of donations. Imagine you want 100% of your donations going to a non-profit. In that situation, you may decide to donate straight to the charity organization or charity instead. However, the fun part about Omaze can be that you are able to make a difference while in the process getting to get a great experience. This makes it appealing to a larger number of people. If you’re seeking unique experiences, then Omaze is a great chance.
Cost and Price Plans
Omaze allows you to donate starting at just $10. As the donation amount increases, the proportion of entries also increases, and the equivalent for 1 entry decreases. For instance, a $150 donation equals 2000 entries. This is 1 entry per 7 cents given. Why Omaze Is Bad
Here are the donation amounts with the equivalent amount of entry entries
- 10$ = 20 tickets
- $25 = 125 entries (most popular option according to the website)
- $500 = $50 entries
- 100$ = 1200 entry
- $150 = 2000 entries
According to Omaze the company, they take approximately 12% to 20% of net earnings. The money is used to fund operating expenses, including advertising, content creation, and payment processing fees. About 60%-80% of the money goes to charities.
To be more precise, here’s how it differs between non-celebrity prizes and celebrity prizes. For the prizes of celebrities which are generally cheaper 60% of the prize goes to the charity, while 25 percent is given to Omaze. For prizes that are more costly, such as cars, vacations, or cash fifteen percent of amount is donated to charity, while 65%-75 percent is given to Omaze.
Omaze is currently unable to offer refunds since the donations are for charitable causes. However, if you have any concerns with your transaction, you should contact Customer Service as soon as possible.
Customer Service Contact Info
If you have queries, issues or concerns. If so you can send your concerns directly to their website through the Support Center and Submit a Request link. You can also access information and answers to frequently asked questions in the Support Center.
Omaze can be described as an internet-based platform for fundraising that lets people donate to charities to be eligible to win prizes that are unique and experience. It’s a legitimate organization which has been in operation for many years. It has helped numerous charities to achieve their goals through making donations for them. Its unique fundraising model lets everyone have the opportunity to experience amazing once-in-a-lifetime experiences.
Omaze is a different way to make a donation to charity. However, it has been the subject of a lot of criticism for how much money actually goes to charity. But, this is understandable as Omaze is a business which is a profit-making organization. If your goal is to simply donate to a charity and make sure that the entire amount goes to them, then donate direct to charity. However, if you’re looking to win one of Omaze’s fabulous prizes make sure to donate via Omaze instead. You get the chance to win prizes while also contributing to a great cause.
FAQS Why Omaze Is Bad
Where is Omaze where is it based?
Omaze is based within Los Angeles, California.
Is my contribution tax-deductible?
All Omaze donations go to Charities Aid FoundatAmerica ion (CAFA). Because CAFA is an US charity and all donations made by US donors via the Omaze platform can be tax-deductible as long as the law allows. However, if your contribution is accompanied by an experience perk, the value of the perk will be reduced. For example, if you make a donation of $100 and get an experience worth $75, your tax-deductible contribution would be $25.
Is there any Omaze scams?
Even though Omaze is being attacked by many people online as a fraud, the company is totally legit. They are able to raise funds to benefit the organizations involved and award participants as promised. To ensure your safety be sure to donate your money through the official Omaze site only. Check to make sure the website is fake or not prior to making a donation of your money.
What are the odds of winning?
The more you contribute the greater your chance of winning since a higher donation equals a more significant amount of entries. However, you can still take part without contributing, which qualifies you for a certain number of entries.
How do they confirm a winner?
When the contest has ended the winner will 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. You may view more information about the procedure on their website.
How do they contact and to announce winners?
An Omaze representative informs potential winners via email. The potential winner has 24 hours to respond to the email sent. The Omaze may respond with a planned video call as well. Once a potential winner has responded to and confirmed the initial email, they must sign paperwork sent to them from an Events Team as part of the process of confirming the winner.
Please note that Omaze will never reach out to winners via social media. Instead, it will contact them by email.
How does Omaze earn money?
As a for-profit organization, Omaze receives a 20% fee on net raises generated by their campaigns. To ensure that they are up and running, this fee is used to cover operational costs, such as advertising, content creation and payment processing fees.