Omaze offers an online service that allows users can donate to charitable causes and also get various prizes and experience. It’s a unique crowdfunding approach to fundraising. As per the website, its users have raised over 150 million dollars, and have benefited over 350 charities. These charities are located across the globe. These charities are major credited non-profit organizations such as UNICEF, After-School All-Stars, Julia’s House, Product Red along with Make-A-Wish Foundation.
Donations aren’t required to be entered into a contest but they do earn you extra contest entries and other perks. The contestants can choose which charity they would like to donate to. Every contest comes with its own special prize, ranging from luxury automobiles to unique experiences.
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 our article for a more comprehensive review.
How does Omaze work?
Omaze Athletes
Omaze believes that everyone should be able to participate in fundraisers. Traditionally, charitable organizations usually depended on fundraising events where only the famous and wealthy could attend. Omaze wanted to democratize auctions for charity through its unique fundraising model. This means that everyday people can give to the charity of their choice for as little as $10.
You have two options to participate. The first is through donating while the other option is taking part for free. You are able to participate in any contest with no donation, but you earn additional entries depending on the amount you give. The greater your donation will result in more prize entries you’ll get.
To donate, select “Enter Now” from the Experience or Prize page on the website. Select a donation amount and follow the directions to enter your personal information. You can make donations as often as you’d like. However, there is an entry limit for each person that varies depending on the prize.
To enter for free To enter for free, visit the Experience or Prize page on the website. Click the “enter without contributing link” and follow the directions. You’ll be required to complete a form. After submitting the form you will be awarded a certain amount of entries. You can submit the form multiple times as you like, but again, you will be subject to a certain entry limit.
Omaze has faced criticism regarding its contribution to charity. donation is actually going to charity. In the case of expensive prizes, 10 to 15 percent of the money is donated to charity. The company has stated with the statement that 10% a significant amount. The rest of the donation is used to pay for the costs of marketing and operations to ensure that they are running. It is important that people are encouraged to donate because of the attractive prizes.
For prizes with lower costs The company claims that 60 percent of the prize goes to charity.
Donations made through the site go directly into Charities Aid Foundation America (CAF America). It’s a public charity which has joined forces with Omaze to make fundraising simple as well as safe and efficient. CAFA uses donations to fund grants for charitable organizations.
Omaze Prizes
Omaze provides a range of amazing prizes, which they refer to as Experiences. These prizes include luxurious cars and dream homes, the chance to meet your favorite celeb and a once-in-a lifetime trip.
Here are a few examples of the past and present prizes that are offered by Omaze:
- Chance to win an enviable multimillion dollar Miami dream house
- A vacation in Japan curated just for you
- An unforgettable safari and stay at Giraffe Manor in Kenya
- A chance 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 vacation to a wellness retreat in Thailand
- First-class plane tickets to anywhere in the world
- A chance to win luxury cars and a variety of other vehicles
Omaze has a constant stream of new promotions and attractive prizes. You can check their website to see more prizes with the information. You can also see previous prizes as well as the winners. For previous contests you will also be able to see the amount the charity has received.
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Who came up with Omaze?
Omaze was launched on the 12th of December 2012, by Ryan Cummins and Matt Pohlson. The website says that they got the idea after they attended a charity auction. The auction item was their ideal experience which included a basketball match and dinner with Magic Johnson. The bidding was so high that they were outbid. The prize raised only $15,000.
The two didn’t understand why such a big prize only raised a small amount to support a worthy cause. They also thought that the method of fundraising was restricted to those who are wealthy. They thought that incredible experiences like this should not be restricted to a small number of wealthy people.
Then they came up with an entirely new method of fundraising that could be accessible to a large number of people.
This fundraising would be available online, so anyone could take part. People wouldn’t need a lot of funds to participate this event, which could make it easier for more people to participate and to raise money in support of the organization.
They believe that charitable organizations ought to feel more comfortable advertising on this platform because it’s an important cause. The platform lets charities communicate with a larger public in a more appealing way to raise money.
Is Omaze legit?
While the company has faced some criticism, it appears that they’re actually legitimate. They have raised more than $100 million for charity and have given out prizes to participants as promised. A lot of big-name celebrities have also endorsed and advocated for the platform.
Several winners have also spoken of the awards they won. They also have a video on their Official Omaze Youtube channel.
Omaze is also certified with the Better Business Bureau with an A+ rating. Omaze Athletes
Since it’s a for-profit organization, Omaze takes around 20 percent of donations. Suppose you want 100% of your donations going to a non-profit. In this situation, you may decide to donate directly to the non-profit or charity instead. But the best thing of Omaze can be that you have the chance to contribute and in the process, get the chance to be awarded a fantastic experience. This makes it a great attraction to a broader number of people. If you’re looking for unique experiences and experiences, then Omaze is a great opportunity.
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Cost and Price Plans
Omaze allows you to donate starting at just $10. When the amount of donation increases, the proportion of entries also increases, and the amount equivalent to 1 entry decreases. For instance, a $150 donation equals 2000 entries, which means 1 entry per 7 cents donated. Omaze Athletes
Here are the donations amounts with the equivalent quantity of entries
- 10$ = 20 tickets
- $25 = 250 entries (most popular option according to the site)
- $50 = 500 entries
- 100$ = 1200 entry
- $1000 = 2000 entries
According to Omaze their business, it takes approximately 12% to 20% of net earnings. The money is used to fund expenses for operations, like advertising, content creation, and payment processing fees. About 60%-80% of the money goes to charities.
To be more precise, here’s how it differs between celebrity prizes and non-celebrity prizes. For celebrity prizes that are usually cheaper 60% of the prize goes to charity, while 25% goes to Omaze. For prizes that are more costly, such as automobiles, vacations or cash fifteen percent of donation goes to charity and 65% to 75 percent is given to Omaze.
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Refund Policy
Omaze currently doesn’t offer refunds because the money is donated to charitable causes. If you do have any concerns about your transactions You should get in touch with Customer Service as soon as possible.
Customer Service Contact Info
If you have questions, concerns, or complaints. If so you can submit your concerns directly to their website via the Support Center and Submit a Request link. You can also access details and frequently asked questions in the Support Center.
Conclusion
Omaze can be described as an internet-based platform for fundraising that lets people donate to charitable organizations in exchange for the chance to win prizes that are unique and experience. It’s a legitimate company that has been operating for many years. It has helped numerous charities reach their goals by making donations for them. Its unique fundraising strategy lets everyone have the opportunity to enjoy unforgettable experiences that will last a lifetime.
Omaze is a different method to make a donation to charity. However, it has been the subject of a lot of criticism for how much money actually goes to charity. However, it’s understandable since Omaze is a company, so it’s a for-profit organization. If your goal is to just donate money to a charity and make sure that the entire amount goes to them, you could donate direct to charity. However, if you’re looking to win one of Omaze’s amazing prizes you can donate to Omaze instead. It’s a win-win situation since you get the chance to win a prize while donating to a great cause.
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FAQS Omaze Athletes
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Where is Omaze located?
Omaze is located in 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 an US charity, all donations made by US donors through the Omaze platform are tax-deductible to the extent the law permits. If, however, your donation comes with an experience-based perk, the value of the experience perk will be deducted. For example, if you make a donation of $100 and get a perk worth $75, your tax-deductible donation would be $25.
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Do you know of any Omaze frauds?
While Omaze is being attacked by a lot of people on the internet as a scam but the business is legit. They are able to raise funds for the charities involved and award participants as promised. To ensure your security be sure to make your donation through the official Omaze site only. Verify if the website is genuine or not prior to making a donation of your money.
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What are the chances of winning?
The more you give the more likely you are of winning, as a greater donation equals a more significant number of entries. But, you are able to take part without contributing to qualify for a certain amount of entries.
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How do they confirm a winner?
After the contest is over after the contest has ended, a winner could be randomly selected using an encryption-secure cryptographically secured random-number generator. After the random draw process Omaze’s team finishes the process of confirming winners. You may view more details on the procedure on their website.
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How do they contact and the winners?
An Omaze representative will notify potential winners via email. The winner is given 24 hours to respond to the email sent. The Omaze can follow up with a scheduled video call as well. If a winner has been confirmed and responded to the initial email, they will need to complete the form provided through the Events Team as part of the process of confirming the winner.
Do note Omaze won’t reach out to winners via social media. It will only contact them via email.
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How does Omaze earn money?
Omaze is a non-profit company. Omaze collects 20% of net raises from their campaigns. To ensure that they are up and running the fee can be used to fund the operational expenses like advertisements, content creation, and processing fees.
