Omaze can be described as an online marketplace where people can donate to charitable causes and also win various prizes and experiences. It’s a unique crowdfunding approach to raising money. Based on the information provided by the firm, its users have raised more than 150 million dollars and have supported more than 350 charitable organizations. These charities are located all over the world. 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 aren’t required to participate in 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 distinct prize, from luxury automobiles to unique experience.
Before you go on, you may want to watch this video by The Entrepreneur on YouTube that gives a quick review. Afterward, you will want to read the rest of our article for a more comprehensive review of Omaze.
How does Omaze function?
Omaze Bad Boys
Omaze believes that everyone deserves the opportunity to take part in fundraising. Traditionally, charitable organizations usually relied on fundraising events that only the famous and wealthy were invited to. Omaze wanted to democratize auctions for charities with its unique fundraising method. This means that everyday people can donate to the charity they choose for as little as $10.
There are two ways you can enter. The first is through donating while the other option is participating for no cost. It is possible to enter any contest for free however you will earn extra entries depending on the amount you give. 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 steps to fill in your details. You are able to donate as many times as you want. However, there is an upper limit on entries that varies depending upon the amount of prize.
To be eligible for a free entry 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 the form. After submitting the form you will be awarded a certain number of entries. The form can be submitted at any time you like, but again there is a maximum entry limit.
Omaze has been criticized over how much of the money goes to the charity. For the most expensive prizes, only around 10-15 percent of the money is donated to charity. The company has stated that 10 percent is a significant amount. The remaining donation is used to pay for operational and marketing costs to keep them running. The most important thing is that people are enticed to donate because of the attractive prizes.
For prizes that are less costly, the company reports that 60 percent of the donation is given to charities.
Donations made through the site directly go to Charities Aid Foundation America (CAF America). It’s a nonprofit organization which has partnered with Omaze to make fundraising simple secure, efficient, and safe. CAFA utilizes donations to help fund grants to charitable organizations.
Omaze Prizes
Omaze offers a wide range of amazing prizes, which they refer to as experiences. The prizes include luxury cars and dream homes, a opportunity to get to know your favorite celebrity and a once-in-a lifetime travel experience.
Here are some examples of the previous and present prizes offered by Omaze:
- The chance to win a multimillion-dollar Miami dream house
- A trip to Japan curated just for you
- A memorable safari experience with a luxurious stay in Giraffe Manor in Kenya
- The chance to be the first to win 2 seats for one of the very first Virgin Galactic flights to space
- A private meet and meet and greet with Dwayne “The Rock” Johnson
- A luxury trip to a wellness retreat in Thailand
- First-class plane tickets to anywhere in the world
- Chance to win luxurious automobiles and other vehicles
Omaze is constantly offering new promotions and attractive prizes. Check their website to view more prizes with the information. It also provides previous prizes and the winners. For previous contests you can also view the amount the charity has received.
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Who started Omaze?
Omaze was launched in 2012 by Ryan Cummins and Matt Pohlson. According to the website, they had the idea after they attended an auction benefitting charity. The item up for bidding was their dream experience including a basketball game as well as dinner with Magic Johnson. However, the bidding went so high that they were outbid. The prize was just $15,000.
The two didn’t understand the reason why a prize of this magnitude only brought in a small amount for a good cause. They also believed that this fundraiser was only available to those who are wealthy. They believed that amazing events like this should not be restricted to a select group of wealthy people.
Then they came up with an entirely new method of fundraising that could be available to a substantial amount of people.
This fundraising would be available online, so anyone could take part. It wouldn’t take an enormous amount of funds to participate this event, which could increase participation and to raise money to support the cause.
They also believe that charitable organizations should feel better about marketing themselves through this platform since it’s for a great cause. Their platform allows charities to connect with a wider audience in an attractive way to raise funds.
Is Omaze real?
Although the company has received some criticism, they appear that they’re legitimate. They have raised more than $100 million for charity , and have given out prizes to participants as promised. Numerous famous personalities have also supported and advocated on behalf of the organization.
A number of winners have also talked about the prizes they have received. They are also featured on their Official Omaze Youtube channel.
Omaze is also accredited by the Better Business Bureau with an A+ rating. Omaze Bad Boys
Because it’s a not-for-profit company, Omaze takes around 20% of the donations. If you wish to have 100% of your donations to go to the non-profit. In this scenario, you could think about donating direct to the nonprofit organization or charity instead. However, the fun part of Omaze is the fact that it allows you to are able to make a difference and at the same time you can receive a wonderful experience. This makes it appealing to a broader number of people. If you’re interested in once-in-a-lifetime experiences, then Omaze is a great opportunity.
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Cost and Price Plans
Omaze allows you to donate starting at just $10. As the donation amount increases, the number of entries will also increase, and the equivalent for 1 entry decreases. For instance 150 dollars equals 2000 entries, which is 1 entry per 7 cents that are donated. Omaze Bad Boys
Here are the donation amounts in the same amount, with the equivalent number of entries:
- $10 = 20 entries
- $25 = $25 = 125 entries (most popular option according to the site)
- $500 = $50 entries
- $1200 = $100
- 150 = 2000 entry
According to Omaze, their company takes around 12%-20% of the net profits. These funds are used to cover operating expenses, including advertising, content creation and processing fees for payments. A majority of the funds go to charity.
For a more precise understanding Here’s the difference between celebrity prizes and non-celebrity prizes. For the prizes of celebrities, which are typically cheaper, 60% of the donation goes to the charity, while 25% goes to Omaze. For more expensive prizes like cars, vacations or cash fifteen percent of donation is donated to charity, while 65%-75% goes to Omaze.
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Refund Policy
Omaze currently does not provide refunds as the donations are for charitable causes. If you do have any questions about your transactions, you should contact Customer Service as soon as possible.
Customer Service Contact Info
If you have any concerns, doubts, questions or issues. In that case you can send them directly to their site via their 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 that lets people donate to charitable organizations with the possibility to win unique prizes and experience. It’s a legitimate company that has been running for a number of years. It has assisted numerous charities reach their goals by making donations for them. Its unique fundraising strategy allows everyone to have the chance to gain incredible experiences once in a lifetime.
Omaze is a different way to donate to charity. However, it has received a lot of criticism over how much of the money actually goes to charity. It’s understandable, since Omaze is a company, so it’s a for-profit organization. If your goal is to simply donate to a charity and make sure 100% goes to them, then donate direct to charity. But if you’re interested in one of Omaze’s amazing prizes you can donate to Omaze instead. You can be the winner of a prize and also donate to a worthy cause.
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FAQS Omaze Bad Boys
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Where is Omaze where is it based?
Omaze is headquartered at Los Angeles, California.
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Is my contribution tax-deductible?
All Omaze donations are made through Charities Aid FoundatAmerica ion (CAFA). Because CAFA is a US charity and all donations made by US donors through the Omaze platform are tax-deductible in the amount the law allows. However, if your donation is accompanied by an experience-based perk, the value of the experience perk will be deducted. For example, if you make a donation of $100 and receive an experience perk of $75, then your tax-deductible contribution is $25.
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Is there any Omaze frauds?
Even though Omaze is being criticized by a lot of people on the internet as a scam, the company is totally legitimate. It can raise money for charities and also award participants according to the promises. To protect yourself be sure to donate your money through Omaze’s Omaze official Omaze site only. Double-check to see if the site is legitimate or not prior to donating your money.
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What are the odds of winning?
The more you donate the greater your chance of winning because a larger donation equals a larger number of entries. However, you can still participate without contributing money and still be eligible for a set number 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 selected using an encrypted and secure random-number generator. After the random draw process Omaze’s team finishes the winner confirmation process. There are more details on the procedure on their website.
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How do they reach them and to announce winners?
An Omaze representative informs the potential winner via email. The potential winner has up to 24 hours to respond to the email sent. The Omaze may contact them with an scheduled video call as well. After a winner is responded to and confirmed the initial email, they need to sign paperwork sent to them from The Events Team as part of the process of confirming the winner.
Note Omaze won’t reach out to winners via social media. Instead, it will contact them by email.
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How does Omaze earn its money?
Omaze is a non-profit company. Omaze receives 20% of net raises from their campaigns. To ensure they stay up and running, this fee is used to cover operational costs, such as advertising, content creation, and processing fees.
