Omaze can be described as an online marketplace that allows users can make donations to charities and get a chance to win various prizes and experiences. It’s an innovative method for raising money. As per the website, its users have raised more than 150 million dollars and supported more than 350 charitable organizations. 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, and Make-A-Wish Foundation.
Donations are not required to enter a contest, but they earn extra contest entries, as well as other benefits. Users are able to choose the charity they would like to donate to. Every contest comes with its unique prize, from luxurious 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. After, you’ll want to read the rest of the article for a more comprehensive review of Omaze.
How does Omaze function?
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Omaze believes that every person should have the chance to participate in fundraisers. In the past, charitable organizations typically relied on fundraising events that only the rich and famous were invited to. Omaze wanted to democratize charity auctions through its unique fundraising method. This means that everyday people can donate to the charity of their choice for as low as $10.
Two ways to enter. One is by donating, and the other is by entering for free. It is possible to enter any contest with no donation, but you earn additional entries depending on the amount you give. The more you donate, the more prize entries you’ll get.
To make a donation, click “Enter Now” from the Experience or Prize page on the website. Choose a amount to donate and follow the directions to enter your personal information. You are able to donate as many times as you’d like. But, there is an entry limit for each person that is dependent on the prize.
To enter for free, go to the Experience or Prize page on the website. Click on the “enter without contributing link” and follow the steps. You’ll be required to complete the form. Upon submitting the form, you will receive a particular number of entries. The form can be submitted multiple times as you want, however, there is a maximum Entry limit.
Omaze has received some criticism over how much of the money goes toward the actual charity. For the most expensive prizes, only 10 to 15 percent of the money is donated to the charity. The company has replied to say that 10% is still an amount that is significant. The remaining donation is used to cover the costs of marketing and operations to keep them running. It is important that people are motivated to donate because of the attractive prizes.
For prizes with lower costs The company says that 60% of the money is given to charities.
Donations made on the site go directly 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 for charitable organisations.
Omaze Prizes
Omaze offers a wide range of incredible prizes, which they call Experiences. The prizes include luxurious vehicles as well as dream homes, the opportunity to get to know your favorite celebrity, or a once-in-a-lifetime journey.
Here are a few examples of the past and present prizes that are offered by Omaze:
- A chance to take home an enviable multimillion dollar Miami dream house
- A vacation in Japan specifically designed for you
- A memorable safari experience as well as a stay at Giraffe Manor in Kenya
- A chance to win tickets to two of the first Virgin Galactic flights to space
- A private meet and greet featuring Dwayne “The Rock” Johnson
- A luxurious vacation to a spa resort in Thailand
- First class tickets on planes to anyplace in the world
- The chance to win luxurious cars and a variety of other vehicles
Omaze has a constant stream of new campaigns and enticing prizes. You can check their website to view more prizes with the information. You can also see previous prizes and the winners. For contests that have been held previously you can also view the amount the charity received.
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Who came up with Omaze?
Omaze was launched at the end of 2012 through Ryan Cummins and Matt Pohlson. As per the site, they got the idea after they attended a charity auction. The item up for bidding was their ideal experience: a basketball game and meal in the company of Magic Johnson. The bidding was so high that they were outbid. The prize was just $15,000.
They couldn’t comprehend why such a big prize only raised a small amount for a good cause. They also felt that this fundraising model was limited to wealthy people only. They thought that incredible experiences such as this shouldn’t be available only to a few wealthy individuals.
Then they came up with an innovative method of fundraising that would be accessible to a substantial number of people.
This fundraiser would be made available online, so anyone could take part. People wouldn’t need a lot of money to enter and increase participation and raise more funds in support of the organization.
They believe that charitable organizations should feel better about marketing themselves through this platform since it’s for an excellent cause. The platform lets charities reach out to a broader audience in an attractive way to raise funds.
Is Omaze legitimate?
While the business has been the subject of some criticism, they appear that they’re actually legitimate. So far, they have raised over 100 million dollars for charity and have distributed the prizes to the participants in accordance with their promises. Many famous celebrities have also endorsed and advocated on behalf of the organization.
A number of winners have also talked about the prizes they won. They also have a video on Omaze’s Omaze channel. Omaze Youtube channel.
Omaze is also accredited with The Better Business Bureau with an A+ rating. Omaze 101458
Since it’s a for-profit organization, Omaze takes around 20% of the donations. Imagine you want all of your donations to be donated to a non-profit. In this situation, you may consider donating direct to the nonprofit or charity instead. But the best thing with Omaze is the fact that it allows you to get to do something positive and, in the process getting to get a great experience. This makes it a great attraction to a larger number of people. If you’re looking for unique experiences, then Omaze is a fantastic opportunity.
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Cost and Price Plans
Omaze lets you donate for as low as $10. If the amount you donate increases, the number of entries will also increase, and the amount equivalent to 1 entry decreases. For example, a $150 donation equals 2000 entries. This is 1 entry per 7 cents given. Omaze 101458
Here are the donation amounts with the equivalent amount of entry entries
- $20 = 20 entry
- $25 = $25 = 125 entries (most well-liked option, according to the site)
- $50 = 500 entries
- $1200 = $100
- $150 = 2000 entries
According to Omaze their business, it takes about 12%- 20% of net profits. The money is used to cover expenses for operations, like marketing, content creation, and processing fees for payments. A majority of the money goes to charities.
To make it more specific, here’s how it differs between celebrity prizes and non-celebrity prizes. For celebrity prizes that are usually cheaper sixty percent of money is given to charities, while 25 percent goes to Omaze. For higher-end prizes, like vacations, cars 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 offer refunds since donations are made to charitable causes. However, if you encounter any issues with your transaction 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 submit your concerns directly to their website via using the Support Center and Submit a Request link. You can also access details and frequently asked questions at the Support Center.
Conclusion
Omaze can be described as an internet-based fundraising platform which allows users to make donations to charitable organizations with the possibility to win exclusive prizes and experiences. Omaze is a legitimate business which has been in operation for several years now. It has assisted numerous charities to achieve their goals through raising funds for them. Its unique fundraising strategy allows everyone to have the opportunity to enjoy incredible experiences once in a lifetime.
Omaze is a new method to donate to charity. However, it’s received critiques regarding how much actually is donated to charities. However, it’s understandable since Omaze is a business and is a non-profit company. If your intention is to donate money to an organization and ensure that the entire amount goes to them, then donate straight to your charity. If you’re interested in one of Omaze’s amazing prizes, then donate through Omaze instead. You have the chance to win prizes while also contributing to a great cause.
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FAQS Omaze 101458
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Where is Omaze based?
Omaze is based in Los Angeles, California.
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Can my tax-deductible contribution be deducted?
All Omaze donations go to Charities Aid FoundatAmerica ion (CAFA). Because CAFA is a US charity that accepts donations from US donors through Omaze are tax-deductible. Omaze platform can be tax-deductible as long as the law permits. However, if your donation is accompanied by an experience perk that is worth more than the experience perk will be deducted. For example, if you make a donation of $100 and receive a perk worth $75, then your tax-deductible contribution will be $25.
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Are there any Omaze frauds?
While Omaze has been criticized by numerous people online as a fraud, the company is totally authentic. They can raise funds for charities and award participants as promised. To protect yourself ensure that you make your donation through Omaze’s Omaze official Omaze site only. Check to make sure the site is legitimate or not prior to making a donation of your money.
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What are the odds of winning?
The more you contribute, the higher your chances of winning, as a greater donation equals a more significant amount of entries. However, you can still participate without contributing money to qualify for a set amount of entries.
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What is the process to confirm that they have a winner?
Once the contest has closed after the contest has ended, a winner could be randomly chosen using an encryption-secure cryptographically secured random number generator. After the random draw process Omaze’s team finishes the confirmation of the winner. You may view more details on the process through their official website.
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How do they reach them and announce winners?
An Omaze representative will notify the potential winner via email. The winner is given 24 hours to reply to the initial email. The Omaze could follow up with a planned video conference as well. After a winner is been confirmed and responded to their initial emails, they will need to complete the form provided by The 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.
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How does Omaze earn its money?
As a not-for-profit entity, Omaze receives a 20% fee on net raises from their campaigns. To ensure that they are functioning, this fee is used to cover operating expenses, including advertisements, content creation, and payment processing fees.
