Omaze can be described as an online marketplace that allows users can give to charities and have the chance to be the winner of various prizes and experiences. It’s a unique crowdfunding method of fundraising. Based on the information provided by the firm, users have raised more than 150 million dollars and supported over 350 charities. They have charities all over the world. These charities are major credited non-profit organizations like UNICEF, After-School All-Stars, Julia’s House, Product Red, as well as Make-A-Wish Foundation.
Donations aren’t required to enter a contest, however, they can earn additional contest entries and other perks. Users can decide what charity they want to donate to. Each contest has its own distinct prize, from luxury automobiles to unique experiences.
Before you go on, you may want to watch this video by The Entrepreneur on YouTube that gives a quick review. After, you’ll want to read the rest of the article for a more comprehensive review of Omaze.
What is the process behind Omaze function?
Omaze 4 Million
Omaze believes that everyone deserves the opportunity to take part in fundraising. Traditionally, charities depended on fundraising events where only the wealthy and famous attended. Omaze wanted to democratize auctions for charities with its unique fundraising model. It allows everyday citizens to give to the charity they choose for as little as $10.
Two ways to participate. One is by donating, and the other is by entering for no cost. You are able to participate in any contest with no donation, but you earn additional entries based on how much you donate. The higher your donation is, the more prize entries you’ll get.
To donate, simply 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 can donate as many times as you’d like. There is however an upper limit on entries that varies depending what prize you win.
For a chance to win for free To enter for free, visit the Experience or Prize page on the website. Click on the “enter without contributing link” and follow the directions. You will need to accomplish a form. Upon submitting the form, you will receive a specific amount of entries. You may submit the form as many times as you want, however there is a maximum Entry limit.
Omaze has received some criticism about what percentage of money goes toward the actual charity. For the most expensive prizes, only 10 to 15 percent of the donation goes to charity. The company has stated that 10 percent is still an amount that is significant. The rest of the donation is used to cover expenses for marketing and operational costs to ensure that they are running. 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 prize goes to charity.
Donations made through the site directly go towards Charities Aid Foundation America (CAF America). It’s a non-profit organization which has joined forces with Omaze in making fundraising easy, safe, and effective. CAFA uses donations to fund grants to charitable organisations.
Omaze Prizes
Omaze provides a range of amazing prizes, which they refer to as experiences. The prizes include luxurious vehicles, dream homes, the chance to meet your favorite celeb, or a once-in-a-lifetime travel experience.
Here are some examples of the previous and present prizes provided by Omaze:
- Chance to take home the multimillion-dollar Miami dream home
- A vacation in Japan specially designed for you
- An unforgettable safari and stay at Giraffe Manor in Kenya
- A chance to be the first to win two seats on one of the first Virgin Galactic flights to space
- An exclusive meet and meet and greet with Dwayne “The Rock” Johnson
- A luxury trip to a spa resort in Thailand
- First-class plane tickets to anywhere in the world.
- A chance to win luxury automobiles and other vehicles
Omaze is constantly offering new promotions and attractive prizes. You can check their website to view additional prizes and details. Also, you can view previous prizes as well as the winners. For contests that have been held previously, you can also see how much the charity has received.
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Who came up with Omaze?
Omaze was launched on the 12th of December 2012, in 2012 by Ryan Cummins and Matt Pohlson. According to the website, they had the idea when they went to an auction benefitting charity. The item that was up for auction was their dream experience including a basketball game as well as dinner in the company of Magic Johnson. However, the bidding went to the point that they were outbid. The prize was only $15,000.
The two couldn’t figure out why such a huge prize only raised a small amount for a good cause. They also believed that this method of fundraising was restricted to those who are wealthy. They felt that extraordinary experiences such as this shouldn’t be accessible only to a few wealthy people.
Then they came up with an entirely new method of fundraising that would be available to a more substantial variety of people.
This fundraiser would be made available online, so anyone could take part. It wouldn’t take much money to enter, which would encourage more participants and help to raise money to support the cause.
They think that charities ought to feel more comfortable marketing themselves through the platform, since it’s an excellent cause. Their platform allows charities to reach out to a broader market in a way that is appealing to raise funds.
Is Omaze legit?
Although the company has received some criticism, they appear that they’re actually legitimate. They have raised more than 100 million dollars for charity and have given out prizes to participants as promised. Many famous celebrities have also supported and advocated for the platform.
Several winners have also spoken of the awards they received. Some are also featured on their official Omaze Youtube channel.
Omaze is also certified as a member of The Better Business Bureau with an A+ rating. Omaze 4 Million
Because it’s a not-for-profit company, Omaze takes around 20% of the donations. Suppose you want all your contributions going to a non-profit. In this case, you might think about donating straight to the charity or charity instead. However, the fun part of Omaze is the fact that it allows you to are able to make a difference and simultaneously, get the chance to be awarded a fantastic experience. This makes it appealing to a broader number of people. If you’re interested in once-in-a-lifetime experiences and experiences, then Omaze is an excellent opportunity.
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Cost and Price Plans
Omaze lets you make donations for just $10. When the amount of donation increases, the proportion of entries increases and the amount equivalent to 1 entry decreases. For instance, a $150 donation equals 2000 entries, which is one entry for every seven cents given. Omaze 4 Million
Here are the donations amounts that are equivalent to the quantity of entries
- $20 = 20 entry
- $25 = 250 entries (most sought-after option according to the website)
- $500 = $50 entries
- 100$ = 1200 entry
- 150 = 2000 entry
According to Omaze their business, it takes approximately 12% to 20% of net profits. These funds are used to pay for operational costs, such as marketing, content creation, and processing fees for payments. A majority of the funds are donated to charities.
To be more precise Here’s the difference between the celebrity and non-celebrity prizes. For celebrity prizes that are usually more affordable, 60percent of prize goes to the charity and 25 percent is given to Omaze. For higher-end prizes, like cars, vacations or cash, fifteen percent of donation goes to charity and 65% to 75% goes to Omaze.
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Refund Policy
Omaze currently does not provide refunds as the donations are for charitable causes. However, if you have any concerns with your transaction You should get in touch with Customer Service as soon as possible.
Customer Service Contact Info
Suppose you have any questions, concerns, or complaints. In this case you can send your concerns directly to their website via using the Support Center and Submit a Request link. You can also access 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 charitable organizations to be eligible to win unique prizes as well as experiences. It’s a legitimate company that has been operating for several years now. It has helped various charities achieve their goals by making donations for them. Its unique fundraising model lets everyone have the opportunity to experience unforgettable experiences that will last a lifetime.
Omaze is a different way to give to charities. It has however, received a lot of criticism for how much money actually is donated to charities. However, it’s understandable since Omaze is a company and is a non-profit organisation. If you’re looking to donate money to an organization and ensure that all proceeds go to them, then you can donate directly to the charity instead. However, if you’re looking to win one of Omaze’s fabulous prizes make sure to donate via Omaze instead. It’s a win-win since you can win a prize while donating to a great cause.
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FAQS Omaze 4 Million
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Where is Omaze based?
Omaze is located at Los Angeles, California.
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Can my tax-deductible contribution be deducted?
All Omaze donations are made through Charities Aid FoundatAmerica ion (CAFA). Since CAFA is a US charity, all donations made by US donors through the Omaze platform are tax-deductible in the amount the law allows. However, if your donation is made in conjunction with an experience reward, the value of the perk will be subtracted. So if you donate $100 and earn an experience worth $75, then your tax-deductible donation is $25.
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Is there any Omaze scams?
While Omaze has been criticized by a lot of people on the internet as a scam however, the company is completely legitimate. They can raise funds to benefit the organizations involved and award participants as promised. To ensure your security, just make sure to donate your money through the official Omaze site only. Verify if the site is legitimate or not before donating your money.
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What are the chances of winning?
The more you give the more likely you are of winning since a higher donation equals a more significant amount of entries. You can however take part without contributing, which qualifies you for a set number of entries.
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What is the process to confirm that they have a winner?
After the contest is over, a potential winner is randomly selected using an encrypted and secure random-number generator. After the random drawing process, the Omaze team completes the confirmation of the winner. There are more details on the procedure through their official website.
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How do they contact and to announce winners?
An Omaze representative will notify potential winners via email. The winner is given 24 hours to reply to the email sent. The Omaze may contact them with an scheduled video call as well. After a winner is been confirmed and responded to the initial email, they must complete the form provided from an Events Team as part of the process of confirming the winner.
Note Omaze does not contact the winners through social media. Instead, it will contact them by 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 keep them operating, this fee can be used to fund operational costs, such as advertising, content creation, and processing fees for payments.
