Omaze can be described as an online marketplace on which users can make donations to charities and get a chance to be the winner of various prizes and experiences. It’s a unique approach to fundraising. As per the website, its users have raised more than 150 million dollars and supported over 350 charitable organizations. The charities are spread across the globe. 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 are not required to enter a contest, however, they can earn additional contest entries as well as other perks. Users can decide what charity they would like to donate to. Every contest comes with its special prize, ranging from luxury cars to unforgettable 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 our article for a more comprehensive review of Omaze.
What is the process behind Omaze work?
Omaze Board Of Directors
Omaze believes that everyone should have the chance to take part in fundraising. Traditionally, charitable organizations usually depended on fundraising events where only the wealthy and famous attended. Omaze wanted to democratize auctions for charity through its unique fundraising method. This means everyday people can donate to the charity they choose starting at just $10.
There are two ways to enter. The first is through donating while the other option is taking part for no cost. It is possible to enter any contest with no donation however you will earn extra entries based on how much you give. The more you donate will result in more prizes you’ll win.
To make a donation, go to “Enter Now” from the Experience or Prize page on the website. Select a donation amount and follow the steps to enter your personal information. You can make donations as often as you want. There is however an upper limit on entries that varies depending on the prize.
To enter for free To enter for free, visit the Experience or Prize page on the website. Select the “enter without contributing link” and follow the instructions. You’ll be required to complete the form. After submitting the form you will receive a particular amount of entries. You may submit the form at any time you want, however there is a maximum Entry limit.
Omaze has received some criticism about its contribution to charity. donation goes to the charity. In the case of expensive prizes, around 10-15 percent of the donation goes to charity. The company has stated with the statement that 10% still an impressive amount. The remaining donation is used to pay for expenses for marketing and operational costs to ensure that they are running. It is important that people are encouraged to contribute due to the attractive prizes.
For less expensive prizes The company claims that 60 percent of the donation is given to charities.
Donations made through the site are directly donated towards Charities Aid Foundation America (CAF America). It’s a public charity which has joined forces with Omaze in making fundraising easy as well as safe and efficient. CAFA makes use of donations to pay grants for charitable organisations.
Omaze offers a variety of incredible prizesthat they refer to as experiences. These prizes include luxurious cars and dream homes, a chance to meet your favorite celebrity or have a unique travel experience.
Here are a few examples of the previous and present prizes that are offered by Omaze:
- Chance to win the multimillion-dollar Miami dream house
- A vacation in Japan curated just for you
- A memorable safari experience and stay at Giraffe Manor in Kenya
- An opportunity to get two seats on 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 spa resort in Thailand
- First class plane tickets to any destination in the world
- Chance to win luxurious vehicles and other vehicles
Omaze has a constant stream of exciting new campaigns and prizes. You can check their website to view more prizes , including the prize details. Also, you can view previous prizes as well as the winners. For contests that have been held previously you can also view the amount the charity received.
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Who started Omaze?
Omaze was founded in 2012 through Ryan Cummins and Matt Pohlson. As per the site, they got the idea after attending an auction for charity. The item that was up for auction was their ideal experience including a basketball game as well as dinner together with Magic Johnson. The bidding was so high that they ended up being outbid. The prize ended up raising just $15,000.
The two didn’t understand why such a huge prize only raised a tiny amount for a great cause. They also felt that this fundraising model was limited to rich people only. They felt that extraordinary events like this should not be restricted to a small number of wealthy individuals.
So they decided to develop an innovative method of fundraising that would be accessible to a large amount of people.
This fundraiser would be made available online, so anyone could participate. People wouldn’t need much cash to participate, which would increase participation and to raise money in support of the organization.
They also think that charities ought to feel more comfortable marketing themselves through this platform because it’s an important cause. Their platform allows charities to reach out to a broader audience in an attractive way to raise money.
Is Omaze legit?
Although the company has received some criticism, it seems that they are indeed legitimate. So far, they have raised more than $100 million for charity , and have awarded the prizes to the participants in accordance with their promises. A lot of big-name celebrities have also been a part of the campaign and lobbied to the program.
Several winners have also spoken of the awards they received. Some are also featured on Omaze’s Omaze channel. Omaze Youtube channel.
Omaze is also certified as a member of The Better Business Bureau with an A+ rating. Omaze Board Of Directors
Since it’s a for-profit organization, Omaze takes around 20% of the donations. Imagine you want 100% of your donations to go to the non-profit. If that is the scenario, you could consider donating straight to the charity or charity instead. But the best thing with Omaze is the fact that it allows you to get to contribute and simultaneously you can receive a wonderful experience. This makes it a great attraction to a broader number of people. If you’re seeking unique experiences Then Omaze is a fantastic opportunity.
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Cost and Price Plans
Omaze allows you to donate just $10. As the donation amount increases, the number of entries will also increase, and the amount equivalent to 1 entry decreases. For example 150 dollars equals 2000 entries, which means one entry for every seven cents given. Omaze Board Of Directors
Here are the donation amounts that are equivalent to the amount of entry entries
- $20 = 20 entry
- $25 = 125 entries (most sought-after option according to the site)
- $50 = 500 entries
- $100 = 1,200 entries
- $1000 = 2000 entries
According to Omaze their business, it takes about 12%- 20% of net funds. The money is used to cover operating expenses, including marketing, content creation, and processing fees. About 60%-80% of the funds go to charity.
To be more precise, here’s how it differs between celebrity prizes and non-celebrity prizes. For celebrity prizes which are generally cheaper 60percent of prize is given to charities and 25 percent is given to Omaze. For higher-end prizes, like cars, vacations, or cash 15% of the amount is donated to charity, while 65%-75 percent is given to Omaze.
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Omaze currently does not offer refunds because the money is donated to charitable causes. However, if you have any questions regarding your transactions it is recommended to contact Customer Service as soon as possible.
Customer Service Contact Info
If you have questions, concerns, or complaints. If so, you may submit them directly to their site via using the Support Center and Submit a Request link. There is also a wealth of information and find frequently asked questions at the Support Center.
Omaze can be described as an internet-based fundraising platform that allows people to donate to charities in exchange for the chance to win unique prizes as well as experiences. It’s a legitimate company which has been in operation for many years. It has assisted numerous charities achieve their goals by raising funds for them. The unique fundraising method allows everyone to have the opportunity to experience amazing once-in-a-lifetime experiences.
Omaze is a different way to donate to charities. However, it’s been the subject of a lot of criticism over how much of the money actually goes to charity. However, it’s understandable since Omaze is a business, so it’s a for-profit organization. If your intention is to donate money to a charity and make sure that 100% goes to them, you could donate direct to charity. However, if you’re looking to win one of Omaze’s fabulous prizes, then donate through Omaze instead. You get the chance to win a prize while donating to a great cause.
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FAQS Omaze Board Of Directors
Where is Omaze located?
Omaze is headquartered in Los Angeles, California.
Is my contribution tax-deductible?
All Omaze donations go to Charities Aid FoundatAmerica ion (CAFA). Since CAFA is a US charity that accepts donations from US donors via the Omaze platform are tax-deductible to the extent the law permits. However, if your donation is accompanied by an experience perk that is worth more than the perk will be subtracted. If you give $100 and receive an experience worth $75, your tax-deductible contribution is $25.
Is there any Omaze scams?
While Omaze has been criticized by a lot of people on the internet as a scam, the company is totally legit. It can raise money for the charities involved and reward participants in accordance with their promises. To ensure your security, just make sure to donate your money through the Omaze official Omaze web site. Verify if the site is legitimate or not prior to making a donation of your money.
What are the odds of winning?
The more you contribute the more likely you are of winning, as a greater donation equals a more significant number of entries. You can however participate without contributing money, which qualifies you for a specific amount of entries.
What is the process to confirm that they have a winner?
When the contest has ended, a potential winner is randomly chosen using an encryption-secure cryptographically secured randomly generated number generator. Following the random drawing process, the Omaze team completes the winner confirmation process. There are more details about the procedure through their official website.
How can they get in touch with them? to announce winners?
An Omaze representative notifies potential winners via email. The winner is given 24 hours to reply to the email sent. The Omaze could respond with a scheduled video call as well. Once a potential winner has responded to and confirmed their initial emails, they need to sign paperwork sent to them from The Events Team as part of the confirmation process for winners.
Please note that Omaze will never contact winners via social media, only through email.
How does Omaze earn money?
As a not-for-profit entity, Omaze collects a 20% fee on net increases from their campaigns. To keep them functioning this amount can be used to fund operational costs, such as advertising, content creation, and payment processing fees.