Omaze can be described as an online marketplace on which users can make donations to charities and get a chance to be the winner of various prizes and experiences. It’s a unique crowdfunding approach to raising money. Based on the information provided by the firm, users have raised more than 150 million dollars, and have benefited over 350 charities. The charities are spread all over the world. They are the most reputable non-profit organisations like UNICEF, After-School All-Stars, Julia’s House, Product Red, along with Make-A-Wish Foundation.
Donations are not required to enter a contest, however, they can earn additional contest entries and other perks. Users can decide what charity they would like to donate to. Every contest comes with its own special prize, ranging from luxury cars to once-in-a-lifetime experience.
Before you continue, you may want to watch this video by The Entrepreneur on YouTube that gives a quick overview. Afterward, you will want to read the rest of our article for a more comprehensive review.
How does Omaze work?
Comic-Con Museum Omaze
Omaze believes that everyone deserves the opportunity to participate in fundraisers. In the past, charitable organizations typically relied on fundraisers where only the rich and famous were invited to. Omaze wanted to democratize auctions for charities with its unique fundraising method. This means that everyday people can make a donation to the charity they choose starting at just $10.
There are two ways to enter. You can donate, while the other option is entering for no cost. You can enter any contest with no donation, but you earn additional entries based on how much you contribute. The more you donate will result in more prize entries you’ll receive.
To make a donation, go to “Enter Now” from the Experience or Prize page on the website. Choose a amount to donate and follow the directions to provide your information. You are able to give as many times as you want. But, there is an entry limit for each person that is dependent upon the amount of prize.
To be eligible for a free entry visit the Experience or Prize page on the website. Click on the “enter without contributing link” and follow the instructions. You’ll need to fill out a form. Upon submitting the form, you will receive a specific number of entries. You can submit the form as many times as you want, however the form has a limit on entries. entry limit.
Omaze has faced criticism regarding what percentage of money goes toward the actual charity. For the most expensive prizes, only about 10-15 percent of the donation goes to the charity. The company has stated with the statement that 10% still an impressive amount. The remainder of the money will be used to pay operational and marketing costs to continue to run the business. It is important that people are motivated to donate because of the attractive prizes.
For prizes that are less costly The company claims that 60 percent of the donation goes to charity.
Donations made on the site directly go to Charities Aid Foundation America (CAF America). It’s a public charity which has joined forces with Omaze in making fundraising easy, safe, and effective. CAFA makes use of donations to pay grants to charitable organizations.
Omaze Prizes
Omaze provides a range of incredible prizesthat they refer to as experiences. The prizes include luxurious vehicles, dream homes, the possibility to see your favorite celebrity and a once-in-a lifetime trip.
Here are a few examples of past and current prizes offered by Omaze:
- A chance to be the owner of a multimillion-dollar Miami dream house
- A vacation in Japan curated just for you
- An unforgettable safari as well as a stay at Giraffe Manor in Kenya
- A chance to be the first to win 2 seats for one of the very first Virgin Galactic flights to space
- An exclusive meet and meet and greet featuring Dwayne “The Rock” Johnson
- A luxurious trip to a wellness retreat in Thailand
- First class tickets on planes to anyplace in the world
- The chance to win luxurious vehicles and other vehicles
Omaze offers constantly new campaigns and enticing prizes. You can check their website to view more prizes , including the prize details. It also provides previous prizes and the winners. For contests that have been held previously you can also view the amount the charity has received.
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Who came up with Omaze?
Omaze was founded in 2012 by Ryan Cummins and Matt Pohlson. As per the site, they got the idea after they attended an auction benefitting charity. The item up for bidding was their ideal trip: a basketball game and meal in the company of Magic Johnson. The bidding was so high that they were outbid. The prize ended up raising just $15,000.
They couldn’t comprehend why such a huge prize only brought in a small amount for a good cause. They also felt that this fundraiser was only available to wealthy people only. They believed that amazing events like this should not be available only to a small number of wealthy people.
Then they came up with an innovative method of fundraising, which would be available to a large amount of people.
The fundraising will be accessible online, so everyone could take part. People wouldn’t need much funds to participate this event, which could increase participation and raise more funds to support the cause.
They believe that charitable organizations should feel better about advertising themselves on this platform because it’s an excellent cause. Their platform allows charities to reach out to a broader public in a more appealing way to raise money.
Is Omaze legit?
While the company has faced some criticism, they appear that they’re actually legitimate. So far, they have collected more than $100 million for charity , and have given out prizes promised to participants. Numerous famous personalities have also endorsed and advocated for the platform.
A number of winners have also talked regarding the prize they have won. Some are also featured on Omaze’s Official Omaze Youtube channel.
Omaze is also certified as a member of The Better Business Bureau with an A+ rating. Comic-Con Museum Omaze
Because it’s a not-for-profit company, Omaze takes around 20 percent of donations. Suppose you want all of your donations to go to the non-profit. In this scenario, you could decide to donate direct to the nonprofit organization or charity instead. But the best thing with Omaze is that you get to make a difference and simultaneously you can get a great experience. This makes it very appealing to a wider range of people. If you’re seeking unique experiences Then Omaze is a fantastic opportunity.
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Cost and Price Plans
Omaze allows you to donate as low as $10. When the amount of donation increases, the percentage of entries will also increase, and the value of one entry decreases. For instance $150 is equal to 2000 entries. This is one entry for every seven cents that are donated. Comic-Con Museum Omaze
Here are the amounts for donations in the same amount, with the equivalent number of entries:
- 10$ = 20 tickets
- $25 = 250 entries (most sought-after option according to the website)
- $500 = $50 entries
- $100 = 1,200 entries
- 150 = 2000 entry
According to Omaze the company, they take about 12%- 20% of net funds. These funds are used to pay for expenses for operations, like advertising, content creation and payment processing fees. A majority of the funds go to charity.
To be more precise, here’s how it differs between celebrity prizes and non-celebrity prizes. For the prizes of celebrities which are generally more affordable sixty percent of donation goes to the charity, while 25 percent goes to Omaze. For more expensive prizes like vacations, cars, or cash fifteen percent of amount is donated to charity, while 65%-75 percent goes to Omaze.
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Refund Policy
Omaze is currently unable to provide refunds as the donations are for charitable causes. If you do have any issues about your transactions You should get in touch with Customer Service as soon as possible.
Customer Service Contact Info
If you have any concerns, doubts, questions or concerns. In this case you can submit your concerns directly to their website through using the Support Center and Submit a Request link. You can also access information and answers to frequently asked questions in the Support Center.
Conclusion
Omaze is an online fundraising platform that allows people to donate to charities in exchange for the chance to win exclusive prizes and experience. It’s a legitimate organization that has been running for several years now. It has assisted numerous charities achieve their goals by raising money for them. Its unique fundraising strategy allows everyone to have the opportunity to experience amazing once-in-a-lifetime experiences.
Omaze is a new method to donate to charity. However, it has received critiques regarding how much actually is donated to charities. However, it’s understandable since Omaze is a commercial enterprise, so it’s a for-profit organization. If your intention is to just donate money to a charity and make sure that all proceeds go to them, then donate direct to charity. 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 have the chance to be the winner of a prize and also donate to a great cause.
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FAQS Comic-Con Museum Omaze
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Where is Omaze where is it based?
Omaze is headquartered at Los Angeles, California.
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Can my tax-deductible contribution be deducted?
All Omaze donations go through Charities Aid FoundatAmerica ion (CAFA). Because CAFA is a US charity that accepts donations from US donors through the Omaze platform are tax-deductible in the amount the law allows. If, however, your donation is accompanied by an experience perk that is worth more than the perk will be reduced. So if you donate $100 and earn a perk worth $75, then your tax-deductible donation would be $25.
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Are there any Omaze scams?
While Omaze has been criticized by numerous people online as a fraud however, the company is completely legitimate. They are able to raise funds for the charities involved and reward participants in accordance with their promises. To ensure your security be sure to make your donation through Omaze’s Omaze official Omaze site only. Check to make sure the website is fake or not prior to making a donation of your money.
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What are the chances of winning?
The more you contribute, the higher your chances 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 amount of entries.
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How can they verify a winner?
When the contest has ended, a potential winner is randomly drawn via an encryption-secure cryptographically secured randomly generated number generator. After the random drawing process, the Omaze team completes the winner confirmation process. More details on the process at their site.
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How do they contact and the winners?
An Omaze representative will notify the winner of the contest via email. The potential winner has up to 24 hours to reply to the email sent. The Omaze could contact them with an planned video conference, too. After a winner is responded to and confirmed an initial message, they will need to complete the form provided from an Events Team as part of the confirmation process for winners.
Please note Omaze does not contact winners via social media, only through email.
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How does Omaze make money?
As a not-for-profit entity, Omaze is able to collect a 20% fee on net raises generated by their campaigns. To ensure they stay operating, this fee can be used to fund operational costs, such as advertising, content creation, and payment processing fees.
