Omaze can be described as an online marketplace that allows users can donate to charitable causes and get a chance to be the winner of various prizes and experiences. It’s a unique crowdfunding method of raising money. Based on the information provided by the firm, its users have raised more than 150 million dollars and supported over 350 charitable organizations. They have charities 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 necessary to participate in a contest, but they do earn you extra contest entries as well as other perks. Users can decide what charity they want to donate to. Each contest has its own distinct prize, 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. Afterward, you’ll want to read the rest of our article for a more comprehensive review of Omaze.
What is the process behind Omaze work?
Will Smith Omaze
Omaze believes that everyone deserves the opportunity to participate in fundraisers. Traditionally, charities depended on fundraising events where only the rich and famous could attend. Omaze wanted to democratize auctions for charities with its unique fundraising method. This means everyday people can donate to the charity of their choice for as low as $10.
There are two ways to enter. One is by donating, while the other option is taking part for free. It is possible to enter any contest for free and you’ll earn extra entries based on the amount you contribute. The greater your donation will result in more prizes you’ll win.
To donate, click “Enter Now” from the Experience or Prize page on the website. Choose a amount to donate and follow the instructions to enter your personal information. You are able to give as many times as you’d like. However, there is an entry limit for each person that is dependent on the prize.
To enter for free To enter for free, visit the Experience or Prize page on the website. Click the “enter without contributing link” and follow the steps. You’ll need to fill out an online form. Upon submitting the form, you will receive a specific amount of entries. The form can be submitted multiple times as you want, however the form has a limit on entries. Entry limit.
Omaze has been criticized regarding its contribution to charity. prize goes to the charity. In the case of expensive prizes, around 10-15 percent of the proceeds go to charity. The company has responded to say that 10% is still an amount that is significant. The remainder of the money will be used to pay operational and marketing costs to continue to run the business. The most important thing is that people are enticed to give because of attractive prizes.
For less expensive prizes, the company reports that 60 percent of the donation is given to charities.
Donations made on the site go directly towards Charities Aid Foundation America (CAF America). It’s a nonprofit organization that has partnered with Omaze in making fundraising easy secure, efficient, and safe. CAFA utilizes donations to help fund grants for charitable organisations.
Omaze provides a range of amazing prizes, which they refer to as experiences. The prizes include luxurious vehicles, dream homes, the possibility to see your favorite celeb, or a once-in-a-lifetime travel experience.
Here are a few examples of the previous and current prizes that are offered by Omaze:
- Chance to win an enviable multimillion dollar Miami dream home
- A vacation in Japan specifically designed for you
- An unforgettable safari and stay at Giraffe Manor in Kenya
- The chance to be the first 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 anywhere in the world
- Chance to win luxurious automobiles and other vehicles
Omaze is constantly offering new campaigns and enticing prizes. You can check their website for additional prizes and information. You can also see previous prizes as well as the winners. For previous contests, you can also see the amount that the charity received.
Who came up with Omaze?
Omaze was launched at the end of 2012 in 2012 by Ryan Cummins and Matt Pohlson. The website says that they came up with the idea when they went to an auction for charity. The item up for bidding was their ideal trip which included a basketball match and dinner with Magic Johnson. But, the bidding was to the point that they were outbid. The prize raised just $15,000.
The two didn’t understand why such a big prize only raised a tiny amount for a good cause. They also thought that the fundraising model was limited to those who are wealthy. They thought that incredible experiences like this should not be accessible only to a select group of wealthy people.
Then they came up with an innovative method of fundraising that could be accessible to a substantial variety of people.
This fundraising would be available online, so everyone could take part. Participants wouldn’t require a lot of funds to participate, which would make it easier for more people to participate and raise more funds in support of the organization.
They also think that charities should feel better about advertising on the platform, since it’s an excellent cause. Their platform allows charities to reach out to a broader audience in an attractive way to raise money.
Is Omaze real?
Although the company has received some criticism, they appear that they’re legitimate. As of now, they’ve raised more than $100 million for charity , and have given out prizes to the participants in accordance with their promises. A lot of big-name celebrities have also endorsed and advocated for the platform.
Several winners have also spoken about the prizes they received. They also have a video on their Official Omaze Youtube channel.
Omaze is also accredited as a member of The Better Business Bureau with an A+ rating. Will Smith Omaze
Since it’s a for-profit organization, Omaze takes around 20% of the donations. Suppose you want 100% of your donations to go to the non-profit. In that scenario, you could decide to donate direct to the nonprofit organization or charity instead. But the best thing of Omaze can be that you are able to do something positive and simultaneously you can get a great experience. This makes it appealing to a broader number of people. If you’re interested in once-in-a-lifetime experiences and experiences, then Omaze is a fantastic opportunity.
Cost and Price Plans
Omaze lets you donate for just $10. If the amount you donate increases, the percentage of entries also increases, and the equivalent for 1 entry decreases. For instance, a $150 donation equals 2000 entries. This is 1 entry per 7 cents that are donated. Will Smith Omaze
Here are the amounts for donations in the same amount, with the equivalent quantity of entries
- 10$ = 20 tickets
- $25 = $25 = 125 entries (most popular option according to the site)
- $500 = $50 entries
- $100 = 1,200 entries
- $150 = 2000 entries
According to Omaze, their company takes approximately 12% to 20% of net funds. These funds are used to pay for expenses for operations, like advertising, content creation and processing fees. A majority of the funds go to charity.
To make it more specific This is how it differs between non-celebrity prizes and celebrity prizes. For celebrity prizes which are generally more affordable 60% of the donation is given to charities and 25% goes to Omaze. For more expensive prizes like automobiles, vacations, or cash, 15% of the amount is donated to charity, while 65%-75 percent goes to Omaze.
Omaze is currently unable to offer refunds since donations are made to charitable causes. However, if you have any questions regarding your transactions, you should contact Customer Service as soon as possible.
Customer Service Contact Info
If you have queries, issues or concerns. If so, you may submit your concerns directly to their website through the Support Center and Submit a Request link. You can also find information and answers to frequently asked questions at the Support Center.
Omaze is an online platform for fundraising that allows people to donate to charities with the possibility to win prizes that are unique and experiences. It’s a legitimate company that has been operating for many years. It has helped numerous charities reach their goals by making donations for them. The unique fundraising method lets everyone have the chance to gain amazing once-in-a-lifetime experiences.
Omaze is a different way to make a donation to charities. It has however, received a lot of critiques regarding how much actually is donated to charities. It’s understandable, since Omaze is a company which is a profit-making company. If your goal is to donate money to an organization and ensure that 100% goes to them, you could donate straight to your charity. But if you’re interested in one of Omaze’s amazing prizes you can donate to Omaze instead. It’s a win-win situation since you can win prizes while also contributing to a great cause.
FAQS Will Smith Omaze
Where is Omaze based?
Omaze is based within 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 the Omaze platform are tax-deductible in the amount the law allows. If, however, your donation is accompanied by an experience-based perk then the value of the perk will be subtracted. For example, if you make a donation of $100 and get an experience perk of $75, your tax-deductible contribution is $25.
Are there any Omaze frauds?
Although Omaze is being criticized by a lot of people on the internet as a fraud however, the company is completely legit. They can raise funds for charities and reward participants in accordance with their promises. To ensure your security, just make sure to give your money to the authentic Omaze website only. Double-check to see if the website is fake or not prior to making a donation of your money.
What are the chances of winning?
The more you donate the greater your chance of winning because a larger donation equals a greater amount of entries. But, you are able to enter without contributing and still be eligible for a set amount of entries.
How do they confirm the winner?
After the contest is over the winner will be randomly chosen using an encrypted and secure random number generator. Following the random drawing process, the Omaze team completes the winner confirmation process. There are more information about the procedure at their site.
How do they reach them and the winners?
An Omaze representative informs the potential winner via email. The potential winner has 24 hours to respond to the email sent. The Omaze can contact them with an planned video conference as well. Once a potential winner has been confirmed and responded to an initial message, they must complete the form provided through The Events Team as part of the winner confirmation process.
Do note Omaze won’t contact winners via social media. Instead, it will contact them by email.
How does Omaze earn money?
As a for-profit organization, Omaze collects 20% of net raises from their campaigns. To ensure that they are up and running, this fee is used to cover operating expenses, including advertisements, content creation, and processing fees.