Can You Write Off Omaze

omaze-review

Omaze can be described as an online marketplace where people can donate to charitable causes and have the chance to win various prizes and experiences. It’s a unique method of fundraising. According to the company, its users have raised more than 150 million dollars, and have benefited over 350 charities. They have charities across the globe. These charities are major credited non-profit organisations like UNICEF, After-School All-Stars, Julia’s House, Product Red, as well as Make-A-Wish Foundation.

Donations aren’t required to be entered into a contest however, they can earn additional contest entries as well as other perks. The contestants can choose which charity they want to donate to. Each contest has its own distinct prize, from luxury automobiles to unique experience.

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Before you continue, 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.

How does Omaze work?

Can You Write Off Omaze

Omaze believes that every person deserves the opportunity to be a part of fundraising. Traditionally, charities depended on fundraising events where only the famous and wealthy were invited to. Omaze set out to open up auctions for charity through its unique fundraising model. This means everyday people can give to the charity they choose for as low as $10.

Two ways to enter. The first is through donating and the other is by participating for free. You can enter any contest for free, but you earn additional entries based on how much you contribute. The more you donate is, the more prizes you’ll win.

To donate, select “Enter Now” from the Experience or Prize page on the website. Choose a amount to donate and follow the steps to fill in your details. You can make donations as often as you like. But, there is a maximum Entry limit which varies based on the prize.

For a chance to win for free, go to the Experience or Prize page on the website. Click on the “enter without contributing link” and follow the directions. You’ll need to fill out a form. When you submit the form, you will receive a particular number of entries. You may submit the form multiple times as you want, however, there is a maximum entry limit.

Omaze has received some criticism regarding what percentage of money is actually going to charity. In the case of expensive prizes, around 10-15 percent of the money is donated to the charity. The company has replied to say that 10% is still a significant amount. The remaining donation is used to pay for operational and marketing costs to ensure that they are running. It is important that people are enticed to give because of attractive prizes.

For prizes with lower costs The company says that 60 percent of the prize goes to charity.

Donations made through the website are directly donated into Charities Aid Foundation America (CAF America). It’s a nonprofit organization which has joined forces with Omaze in making fundraising easy, safe, and effective. CAFA utilizes donations to help fund grants to charitable organisations.

Omaze Prizes

Omaze offers a wide 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:

  • The chance to be the owner of an enviable multimillion dollar Miami dream home
  • A trip to Japan curated just for you
  • An unforgettable safari as well as a stay at Giraffe Manor in Kenya
  • The chance to get two seats on one of the first Virgin Galactic flights to space
  • A private meet and meet and greet featuring Dwayne “The Rock” Johnson
  • A luxurious trip to a spa resort in Thailand
  • First class tickets on planes to anyplace in the world.
  • Chance to win luxurious vehicles and other vehicles

Omaze is constantly offering new campaigns and enticing prizes. Visit their website for more prizes with the information. It also provides previous prizes and the winners. For previous contests, you can also see how much the charity has received.

Can You Write Off Omaze

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Who came up with Omaze?

Omaze was launched in 2012 through Ryan Cummins and Matt Pohlson. According to the website, they had the idea when they went to a charity auction. The item up for bidding was their dream experience which included a basketball match and dinner in the company of Magic Johnson. But, the bidding was so high that they ended up being outbid. The prize raised just $15,000.

The two didn’t understand why such a huge prize only brought in a small amount for a great cause. They also thought that the fundraiser was only available to those who are wealthy. They thought that incredible experiences like this should not be restricted to a small number of wealthy individuals.

They decided to create a new kind of fundraising that would be accessible to a significant amount of people.

The fundraising will be accessible online, so anyone could take part. Participants wouldn’t require an enormous amount of funds to participate this event, which could encourage more participants and help to raise money to support the cause.

They believe that charitable organizations ought to feel more comfortable marketing themselves through the platform, since it’s a great cause. Their platform allows charities to reach out to a broader market in a way that is appealing to raise funds.

Is Omaze legitimate?

Although the company has received some criticism, it appears that they are indeed legitimate. As of now, they’ve raised more than $100 million for charity and have given out prizes promised to participants. A lot of big-name celebrities have also been a part of the campaign and lobbied to the program.

A number of winners have also talked about the prizes they won. They are also featured on Omaze’s official Omaze Youtube channel.

Omaze is also accredited by the Better Business Bureau with an A+ rating. Can You Write Off Omaze

Because it’s a not-for-profit company, Omaze takes around 20% of the donations. If you wish to have all your contributions to be donated to a non-profit. If that is the situation, you may decide to donate straight to the charity organization or charity instead. But the best thing with Omaze is the fact that it allows you to are able to make a difference and, simultaneously getting to get a great experience. This makes it appealing to a larger number of people. If you’re looking for unique experiences, then Omaze is an excellent chance.

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Cost and Price Plans

Omaze lets you make donations for starting at just $10. If the amount you donate increases, the proportion of entries increases and the value of one entry decreases. For example $150 is equal to 2000 entries, which means one entry for every seven cents donated. Can You Write Off Omaze

Here are the donations amounts that are equivalent to the quantity of entries

  • $10 = 20 entries
  • $25 = 250 entries (most popular option according to the site)
  • $500 = $50 entries
  • $1200 = $100
  • 150 = 2000 entry

According to Omaze their business, it takes about 12%- 20% of net earnings. This is used to pay for operational costs, such as advertising, content creation, and processing fees. A majority of the funds go to charity.

To be more precise Here’s the difference between non-celebrity prizes and celebrity prizes. For the prizes of celebrities, which are typically cheaper, sixty percent of donation goes to the charity and 25 percent goes to Omaze. For prizes that are more costly, such as automobiles, vacations, or cash, fifteen percent of money goes to charity while 65%-75 percent goes to Omaze.

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Refund Policy

Omaze currently doesn’t provide refunds as the money is donated to charitable causes. However, if you encounter any questions about your transactions You should get in touch with Customer Service as soon as possible.

Customer Service Contact Info

If you have any concerns, queries, issues, or complaints. In this case you can send them directly to their website through their Support Center and Submit a Request link. There is also a wealth of information and answers to frequently asked questions on the Support Center.

Conclusion

Omaze is an online fundraising platform that allows people to donate to charitable organizations with the possibility to win prizes that are unique and experience. It’s a legitimate company which has been in operation for several years now. It has helped numerous charities reach their goals by raising money for them. Its unique fundraising model lets everyone have the chance to gain amazing once-in-a-lifetime experiences.

Omaze is a new method to donate to charities. It has however, received criticism over how much of the money actually goes to charity. However, it’s understandable since Omaze is a company and is a non-profit company. If your goal is to simply donate to an organization and ensure that 100% goes to them, then donate straight to your charity. But if you’re interested in the amazing prizes offered by Omaze make sure to donate via Omaze instead. It’s a win-win situation since you can be the winner of a prize and also donate to a worthy cause.

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FAQS Can You Write Off Omaze

  • Where is Omaze based?

Omaze is headquartered at Los Angeles, California.

  • Is my contribution tax-deductible?

All Omaze donations are made through Charities Aid FoundatAmerica ion (CAFA). Because CAFA is an US charity, all donations made by US donors through the Omaze platform can be tax-deductible as long as the law permits. If, however, your donation is accompanied by an experience perk, the value of the perk will be reduced. If you give $100 and earn an experience worth $75, then your tax-deductible donation is $25.

  • Are there any Omaze scams?

Even though Omaze is being attacked by numerous people online as a scam, the company is totally legit. They are able to raise funds for the charities involved and also award participants according to the promises. To ensure your safety, just make sure to donate your money through the Omaze official Omaze website only. Verify if the website is genuine or not prior to donating your money.

  • What are the chances of winning?

The more you donate the greater your chance of winning, as a greater donation equals a more significant amount of entries. But, you are able to enter without contributing and still be eligible for a certain amount of entries.

  • What is the process to confirm the winner?

After the contest is over the winner will be randomly drawn via an encryption-secure cryptographically secured random-number generator. After the random draw process Omaze’s team finishes the confirmation of the winner. More details on the process through their official website.

  • How can they get in touch with them? to announce winners?

An Omaze representative notifies the potential winner via email. The potential winner has 24 hours to reply to the initial email. The Omaze can respond with a planned video conference, too. If a winner has been confirmed and responded to the initial email, they need to sign paperwork sent to them by an Events Team as part of the process of confirming the winner.

Do note Omaze won’t reach out to winners via social media, only through email.

  • How does Omaze earn money?

Omaze is a non-profit company. Omaze is able to collect a 20% fee on net raises from their campaigns. To keep them functioning this amount can be used to fund operating expenses, including advertising, content creation and processing fees.

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