Omaze offers an online service where people can give to charities and get a chance to win various prizes and experiences. It’s a unique crowdfunding approach to raising money. Based on the information provided by the firm, the users have raised more than 150 million dollars and supported over 350 charities. The charities are spread all over the world. These charities are renowned non-profit organizations like UNICEF, After-School All-Stars, Julia’s House, Product Red, along with Make-A-Wish Foundation.
Donations aren’t necessary to enter a contest, but they do earn you extra contest entries, as well as other benefits. The contestants can choose which charity they would like to donate to. Every contest comes with its unique prize, from luxurious cars to unforgettable experiences.
Before you continue, you may want to watch this video by The Entrepreneur on YouTube that gives a quick overview. After, you will want to read the rest of the article for a more comprehensive review of Omaze.
How does Omaze function?
Ian Somerhalder 1St Omaze Winner
Omaze believes that every person deserves the opportunity to be a part of fundraising. Traditionally, charitable organizations usually relied on fundraising events that 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 of their choice starting at just $10.
There are two ways you can enter. The first is through donating while the other option is entering for no cost. You can enter any contest for free however you will earn extra entries based on the amount you donate. The more you donate, the more prizes you’ll win.
To donate, click “Enter Now” from the Experience or Prize page on the website. Then choose a donation amount and follow the directions to enter your personal information. You are able to make donations as often as you’d like. There is however an upper limit on entries that is dependent on the prize.
To enter for free, go to the Experience or Prize page on the website. Select the “enter without contributing link” and follow the directions. You’ll be required to complete the form. Upon submitting the form, you will receive a particular number of entries. You can submit the form multiple times as you like, but again, the form has a limit on entries. Entry limit.
Omaze has received some criticism over what percentage of donation goes to the charity. For the most expensive prizes, only around 10-15 percent of the donation goes to the charity. The company has stated with the statement that 10% a significant amount. The remainder of the money will be used to pay expenses for marketing and operational costs to keep them running. What matters is that people are encouraged to give because of attractive prizes.
For prizes that are less costly The company claims that 60% of the money goes to charity.
Donations made through the site are directly donated into Charities Aid Foundation America (CAF America). It’s a non-profit organization which has partnered with Omaze in making fundraising easy as well as safe and efficient. CAFA makes use of donations to pay grants for charitable organisations.
Omaze Prizes
Omaze offers a variety of incredible prizesthat they refer to as experiences. The prizes include luxury cars and dream homes, a chance to meet your favourite celebrity or have a unique travel experience.
Here are a few examples of past and current prizes that are offered by Omaze:
- A chance to win a multimillion-dollar Miami dream house
- A vacation in Japan curated just for you
- A memorable safari experience as well as a stay at Giraffe Manor in Kenya
- An opportunity to be the first to win tickets to two of the first Virgin Galactic flights to space
- A private meet and meet and greet with Dwayne “The Rock” Johnson
- A luxurious trip to a spa resort in Thailand
- First class tickets on planes to anyplace in the world
- A chance to win luxury vehicles and other vehicles
Omaze offers constantly new campaigns and enticing prizes. Check their website for additional prizes and information. Also, you can view previous prizes as well as the winners. For previous contests, you can also see the amount that the charity received.
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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 after they attended an auction benefitting charity. The item that was up for auction was their dream experience including a basketball game as well as dinner together with Magic Johnson. However, the bidding went so high that they were outbid. The prize ended up raising just $15,000.
The two couldn’t figure out why such a big prize only brought in a small amount for a great cause. They also thought that the fundraising model was limited to those who are wealthy. They thought that incredible events like this should not be available only to a few wealthy people.
They decided to create an innovative method of fundraising that would be available to a more large number of people.
The fundraising will be accessible on the internet, which means that everyone can take part. People wouldn’t need much funds to participate this event, which could encourage more participants and help to raise money for the charity.
They think that charities should feel better about advertising on this platform because it’s an excellent cause. Their platform allows charities to communicate with a larger market in a way that is appealing to raise money.
Is Omaze legit?
While the company has faced some criticism, it appears that they are indeed legitimate. So far, they have raised over $100 million for charity and have given out prizes to the participants in accordance with their promises. Many famous celebrities have also supported and advocated to the program.
A number of winners have also talked about the prizes they received. Some are also featured on their Official Omaze Youtube channel.
Omaze is also accredited by the Better Business Bureau with an A+ rating. Ian Somerhalder 1St Omaze Winner
As a non-profit corporation, Omaze takes around 20% of the donations. Suppose you want 100% of your donations going to a non-profit. If that is the case, you might think about donating directly to the non-profit organization or charity instead. But the best thing with Omaze is the fact that it allows you to have the chance to do something positive and, at the same time you can receive a wonderful experience. This makes it a great attraction to a broader number of people. If you’re interested in once-in-a-lifetime experiences and 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. When the amount of donation increases, the number of entries also increases, and the equivalent for 1 entry decreases. For example 150 dollars equals 2000 entries. This is 1 entry per 7 cents given. Ian Somerhalder 1St Omaze Winner
Here are the donations amounts in the same amount, with the equivalent quantity of entries
- $10 = 20 entries
- $25 = $25 = 125 entries (most sought-after option according to the site)
- $50 = 500 entries
- $100 = 1,200 entries
- 150 = 2000 entry
According to Omaze, their company takes around 12%-20% of the net profits. The money is used to pay for operational costs, such as marketing, content creation, and processing fees for payments. Around 60%-70% of funds go to charity.
To be more precise, here’s how it differs between non-celebrity prizes and celebrity prizes. For prizes that are awarded to celebrities which are generally more affordable sixty percent of money goes to charity and 25 percent is given to Omaze. For higher-end prizes, like cars, vacations or cash, 15percent of money goes to charity while 65%-75% goes to Omaze.
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Refund Policy
Omaze currently doesn’t provide refunds as donations are made to charitable causes. If you do have any questions regarding your transactions it is recommended to contact Customer Service as soon as possible.
Customer Service Contact Info
If you have doubts, questions or concerns. In that case you can submit them directly to their site via the 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 can be described as an internet-based platform for fundraising which allows users to make donations to charities with the possibility to win unique prizes as well as experiences. It’s a legitimate organization that has been running for many years. It has helped numerous charities achieve their goals by raising money for them. Its unique fundraising model allows everyone to have the chance to gain incredible experiences once in a lifetime.
Omaze is a different way to make a donation to charities. It has however, received a lot of critiques regarding how much actually goes to charity. But, this is understandable as Omaze is a company, so it’s a for-profit organization. If you’re looking to just donate money to an organization and ensure that the entire amount goes to them, then you can donate straight to your charity. However, if you’re looking to win the amazing prizes offered by Omaze you can donate to Omaze instead. It’s a win-win situation since you can win prizes while also contributing to a worthy cause.
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FAQS Ian Somerhalder 1St Omaze Winner
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Where is Omaze located?
Omaze is headquartered within Los Angeles, California.
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Does my contribution count as tax-deductible?
All Omaze donations go through Charities Aid FoundatAmerica ion (CAFA). Because CAFA is an US charity and all donations made by US donors using the Omaze platform can be tax-deductible as long as the law allows. However, if your donation is made in conjunction with an experience-based perk then the value of the experience perk will be deducted. So if you donate $100 and earn an experience perk of $75, then your tax-deductible donation is $25.
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Are there any Omaze frauds?
Even though Omaze has been criticized by a lot of people on the internet as a scam, the company is totally legitimate. They can raise funds for charities and award participants as promised. To ensure your safety, just make sure to make your donation through the authentic Omaze site only. Check to make sure the site is legitimate or not before donating your money.
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What are the odds of winning?
The more you give, the higher your chances of winning, as a greater donation equals a larger amount of entries. But, you are able to enter without contributing to qualify for a set number of entries.
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How can they verify a winner?
When the contest has ended after the contest has ended, a winner could be randomly chosen using an encrypted and secure random-number generator. After the random draw process, the Omaze team completes the confirmation of the winner. You may view more details about the process through their official website.
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How do they reach them and to announce winners?
An Omaze representative will notify potential winners via email. The potential winner has up to 24 hours to reply to the initial email. The Omaze may follow up with a scheduled video conference as well. If a winner has confirmed and replied to the initial email, they will need to complete the form provided by the Events Team as part of the confirmation process for winners.
Please note Omaze won’t contact the winners through social media. Instead, it will contact them by email.
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How does Omaze earn money?
As a for-profit organization, Omaze is able to collect a 20% fee on net increases from their campaigns. To ensure they stay up and running this amount can be used to fund operational costs, such as advertising, content creation and processing fees.
