Omaze can be described as an online marketplace where people can give to charities and get a chance to be the winner of various prizes and experiences. It’s a unique crowdfunding approach to raising funds. Based on the information provided by the firm, the users have raised more than 150 million dollars and supported more than 350 charitable organizations. They have charities all over the world. They are the most reputable non-profit organizations like UNICEF, After-School All-Stars, Julia’s House, Product Red along with Make-A-Wish Foundation.
Donations aren’t necessary to participate in a contest, but they do earn you extra contest entries, as well as other benefits. The contestants can choose which charity they want to donate to. Every contest comes with its unique prize, from luxurious cars to once-in-a-lifetime experience.
Before you go on, you may want to check out this video by The Entrepreneur on YouTube that gives a quick overview. After, you will want to read the rest of our article for a more comprehensive review.
What is the process behind Omaze function?
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Omaze believes that everyone deserves the opportunity to participate in fundraisers. Traditionally, charities relied on fundraising events that only the famous and wealthy attended. Omaze was founded to make charity auctions through its unique fundraising model. This means everyday people can make a donation to the charity they choose starting at just $10.
Two ways to enter. The first is through donating while the other option is entering for free. It is possible to enter any contest without donating however you will earn extra entries based on the amount you give. The higher your donation, the more prize entries you’ll receive.
To make a donation, go to “Enter Now” from the Experience or Prize page on the website. Then choose a donation amount and follow the steps to provide your information. You can give as many times as you’d like. But, there is an upper limit on entries that is dependent on the prize.
For a chance to win 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 a form. After submitting the form you will receive a specific number 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 been criticized over its contribution to charity. money goes toward the actual charity. For the most expensive prizes, only around 10-15 percent of the donation goes to the charity. The company has stated that 10 percent is still an amount that is significant. The rest of the donation is used to pay for expenses for marketing and operational costs to continue to run the business. What matters is that people are encouraged to contribute due to the attractive prizes.
For prizes with lower costs, the company reports that 60% of the money is given to charities.
Donations made through the website go directly towards Charities Aid Foundation America (CAF America). It’s a public charity that has partnered with Omaze in making fundraising easy secure, efficient, and safe. CAFA utilizes donations to help 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 celebrity, or a once-in-a-lifetime trip.
Here are a few examples of past and current prizes that are offered by Omaze:
- Chance to be the owner of an enviable multimillion dollar Miami dream home
- A vacation in Japan curated just for you
- An unforgettable safari as well as a stay at Giraffe Manor in Kenya
- The chance to win tickets to two of the very 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 plane tickets to anywhere in the world.
- The chance to win luxurious cars and a variety of other vehicles
Omaze offers constantly exciting new campaigns and prizes. You can check their website to see more prizes with the details. Also, you can view previous prizes and winners. For previous contests you can also view the amount the charity received.
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Who was the person who started Omaze?
Omaze was created in 2012 through Ryan Cummins and Matt Pohlson. According to the website, they came up with the idea when they went to a charity auction. The item up for bidding was their dream experience including a basketball game as well as dinner together 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 huge prize only brought in a small amount to support a worthy cause. They also thought that the fundraising model was limited to rich people only. They felt that extraordinary events like this should not be accessible only to a few wealthy individuals.
Then they came up with an entirely new method of fundraising that would be available to a significant variety of people.
This fundraising would be available online, so anyone could take part. People wouldn’t need much money to enter and increase participation and raise more money for the charity.
They also believe that charitable organizations can feel more confident about advertising on this platform since it’s for a great cause. Their platform allows charities to connect with a wider public in a more appealing way to raise more funds.
Is Omaze legitimate?
While the company has faced some criticism, it appears that they’re actually legitimate. So far, they have raised over $100 million for charity and have given out prizes to participants as promised. Numerous famous personalities have also been a part of the campaign and lobbied on behalf of the organization.
A number of winners have also talked about the prizes they have won. They are also featured on their official Omaze Youtube channel.
Omaze is also certified with The Better Business Bureau with an A+ rating. Omaze Cant Set Up Password
Because it’s a not-for-profit company, Omaze takes around 20% of the donations. Imagine you want all your contributions to go to the non-profit. In this situation, you may consider donating straight to the charity or charity instead. The best part of Omaze is the fact that it allows you to get to contribute and simultaneously, get the chance to be awarded a fantastic experience. This makes it appealing to a larger number of people. If you’re interested in once-in-a-lifetime experiences, then Omaze is a great chance.
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Cost and Price Plans
Omaze allows you to donate as low as $10. As the donation amount increases, the proportion of entries also increases, and the amount equivalent to 1 entry decreases. For instance, a $150 donation equals 2000 entries, which is one entry for every seven cents that are donated. Omaze Cant Set Up Password
Here are the donation amounts with the equivalent number of entries:
- 10$ = 20 tickets
- $25 = $25 = 125 entries (most sought-after option according to the site)
- $50 = 500 entries
- 100$ = 1200 entry
- $1000 = 2000 entries
According to Omaze, their company takes about 12%- 20% of net funds. This is used to cover expenses for operations, like advertising, content creation, and processing fees. Around 60%-70% of funds go to charity.
To make it more specific This is how it differs between the celebrity and non-celebrity prizes. For prizes that are awarded to celebrities that are usually less expensive 60percent of prize goes to the charity and 25 percent is given to Omaze. For higher-end prizes, like vacations, cars or cash, fifteen percent of amount goes to charity while 65%-75 percent is given to Omaze.
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Refund Policy
Omaze currently doesn’t provide refunds as the donations are for 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. In that case you can send them directly to their site through their Support Center and Submit a Request link. You can also access information and find frequently asked questions on the Support Center.
Conclusion
Omaze is an online platform for fundraising that lets people donate to charities in exchange for the chance to win exclusive prizes and experiences. It’s a legitimate company which has been in operation for several years now. It has helped various charities reach their goals by raising funds for them. Its unique fundraising strategy allows everyone to have the opportunity to experience amazing once-in-a-lifetime experiences.
Omaze is a different way to give to charities. However, it’s received critiques regarding how much actually is donated to charities. However, it’s understandable since Omaze is a commercial enterprise and is a non-profit organisation. If your goal is to just donate money to an organization and ensure that the entire amount goes to them, you could donate direct to charity. If you’re interested in one of Omaze’s fabulous prizes you can donate to Omaze instead. You get the chance to win a prize while donating to a great cause.
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FAQS Omaze Cant Set Up Password
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Where is Omaze located?
Omaze is based at Los Angeles, California.
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Does my contribution count as tax-deductible?
All Omaze donations are made through Charities Aid FoundatAmerica ion (CAFA). Because CAFA is an US charity and all donations made by US donors via Omaze are tax-deductible. Omaze platform are tax-deductible to the extent the law permits. However, if your donation is made in conjunction with an experience reward then the value of the perk will be subtracted. So if you donate $100 and earn a perk worth $75, your tax-deductible donation would be $25.
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Are there any Omaze scams?
Even though Omaze has been criticized by a lot of people on the internet as a fraud, the company is totally legitimate. It can raise money for the charities involved and also award participants according to the promises. To ensure your safety ensure that you donate your money through Omaze’s official Omaze web site. Verify if the website is genuine or not before donating your money.
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What are the odds of winning?
The more you donate, the higher your chances of winning since a higher donation equals a more significant amount of entries. You can however participate without contributing money and still be eligible for a certain number of entries.
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What is the process to confirm the winner?
Once the contest has closed, a potential winner is randomly chosen using an encryption-secure cryptographically secured random number generator. Following the random drawing process, the Omaze team completes the winner confirmation process. There are more details on the process on their website.
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How do they contact and to announce winners?
An Omaze representative informs potential winners via email. The potential winner has up to 24 hours to reply to the email sent. The Omaze could contact them with an planned video conference, too. If a winner has responded to and confirmed an initial message, they must sign paperwork sent to them by The Events Team as part of the confirmation process for winners.
Do note that Omaze will never contact winners via social media, only through email.
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How does Omaze earn its money?
Omaze is a non-profit company. Omaze receives a 20% fee on net increases from their campaigns. To ensure they stay up and running this amount can be used to fund the operational expenses like advertisements, content creation, and payment processing fees.
