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Tuesday, Feb 27, 2024

2021 Disruptors Awards: Accelerator Award Honoree


OMAZE INC.

Omaze is an online fundraising platform that offers the chance to win once-in-a-lifetime experiences and prizes to support nonprofits around the world. The Omaze community has generated over $150 million in grants to support over 400 charities to date.

The innovative minds behind Omaze created the fundraising platform for a new generation of donors. Omaze gives everyone a chance to dream big while helping to make the world a better place. This sustainable approach to fundraising means that nonprofits can spend less time and money raising funds, and instead focus on serving the needs of their communities.

 
When someone donates for the chance to win an experience with a celebrity prize (set visit, dinner date, tickets to a premiere, etc.), 60% is guaranteed to go to the identified nonprofit beneficiary, via a grant from CAF America.  For these experiences, typically 25%, on average, is used to pay for experience costs, such as advertising and content creation costs and payment processing fees.


When someone donates for the chance to win an experience with a non-celebrity prize (like a car, vacation, or cash), 15% of the donation is guaranteed to go to the identified nonprofit beneficiary, via a grant from CAF America. Typically, between 65-75%, is used to pay for experience costs, such as prize costs, advertising and content creation, and payment processing fees.

 
Historically, across all experience types, Omaze nets approximately 12-20%.  On campaigns where there is matching, 100% of the match goes to the identified nonprofit beneficiary.

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