Omaze offers an online service on which users can donate to charitable causes and get a chance to get various prizes and experience. It’s a unique method for fundraising. According to the company, its users have raised more than 150 million dollars, and have benefited over 350 charitable organizations. The charities are spread across the globe. These charities are major credited non-profit organisations 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, but they earn extra contest entries and other perks. Users can decide what cause they’d like to contribute to. Each contest has its own distinct prize, from luxury cars to unforgettable experience.
Before you continue, you may want to watch this video by The Entrepreneur on YouTube that gives a quick review. Afterward, you’ll want to read the rest of the article for a more comprehensive review.
What is the process behind Omaze work?
Omaze Charitable Deduction
Omaze believes that every person deserves the opportunity to be a part of fundraising. Traditionally, charities depended on fundraising events where only the wealthy and famous were invited to. Omaze set out to open up auctions for charities with its unique fundraising method. It allows everyday citizens to make a donation to the charity of their choice for as low as $10.
Two ways you can enter. The first is through donating or participating for no cost. You are able to participate in any contest without donating however you will earn extra entries based on how much you donate. The more you donate will result in more prizes you’ll win.
To donate, 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 may make donations as often as you want. However, there is a maximum Entry limit which varies based upon the amount of prize.
To be eligible for a free entry, go to the Experience or Prize page on the website. Click 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. The form can be submitted as many times as you’d like, however you will be subject to a certain Entry limit.
Omaze has faced criticism over its contribution to charity. prize goes to the charity. For expensive prizes, only around 10-15 percent of the money is donated to charity. The company has stated to say that 10% is still an impressive amount. The remainder of the money is used to pay for expenses for marketing and operational costs to continue to run the business. What matters is that people are motivated to give because of attractive prizes.
For prizes that are less costly The company claims 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 that has partnered with Omaze in making fundraising easy as well as safe and efficient. CAFA makes use of donations to pay grants for charitable organisations.
Omaze Prizes
Omaze offers a wide range of incredible prizesthat they refer to as experiences. These prizes include luxurious cars, dream homes, the opportunity to get to know your favourite celebrity and a once-in-a lifetime travel experience.
Here are some examples of the past and current prizes provided by Omaze:
- The chance to win the multimillion-dollar Miami dream house
- A trip to Japan curated just for you
- An unforgettable safari as well as a stay at Giraffe Manor in Kenya
- A chance to be the first to win 2 seats for one of the first Virgin Galactic flights to space
- Private meet and meet and greet featuring Dwayne “The Rock” Johnson
- A luxury trip to a spa resort in Thailand
- First class plane tickets to any destination in the world
- A chance to win luxury automobiles and other vehicles
Omaze has a constant stream of exciting new campaigns and prizes. Check their website for additional prizes and information. Also, you can view previous prizes and the winners. For contests that have been held previously you will also be able to see the amount that the charity has received.
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Who was the person who started Omaze?
Omaze was founded in 2012 through Ryan Cummins and Matt Pohlson. As per the site, they got the idea when they went to an auction for charity. The item up for bidding was their ideal experience which included a basketball match and dining with Magic Johnson. However, the bidding went so high that they ended up being outbid. The prize raised only $15,000.
They couldn’t comprehend 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 wealthy people only. They thought that incredible events like this should not be available only to a few wealthy people.
So they decided to develop an entirely new method of fundraising that would be accessible to a substantial amount of people.
This fundraising would be available on the internet, which means that everyone can take part. It wouldn’t take much money to enter and increase participation and to raise money to support the cause.
They think that charities should feel better about advertising on the platform, since it’s a great cause. Their platform allows charities to reach out to a broader market in a way that is appealing to raise funds.
Is Omaze real?
While the company has faced some criticism, they appear that they are indeed legitimate. So far, they have raised over 100 million dollars for charity and have distributed the prizes to participants as promised. Numerous famous personalities have also endorsed and advocated to the program.
A number of winners have also talked regarding the prize they have received. They are also featured on Omaze’s Official Omaze Youtube channel.
Omaze is also certified as a member of The Better Business Bureau with an A+ rating. Omaze Charitable Deduction
Because it’s a not-for-profit company, Omaze takes around 20 percent of donations. If you wish to have 100% of your donations going to a non-profit. If that is the situation, you may decide to donate straight to the charity or charity instead. The best part with Omaze is that you get to do something positive and, at the same time, get the chance to get a great experience. This makes it a great attraction to a wider range of people. If you’re interested in once-in-a-lifetime experiences, then Omaze is an excellent opportunity.
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Cost and Price Plans
Omaze lets you donate for as low as $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 1 entry per 7 cents that are donated. Omaze Charitable Deduction
Here are the donation amounts that are equivalent to the quantity of entries
- $10 = 20 entries
- $25 = 250 entries (most popular option according to the website)
- $50 = 500 entries
- $100 = 1,200 entries
- $1000 = 2000 entries
According to Omaze the company, they take about 12%- 20% of net earnings. These funds are used to fund operational costs, such as advertising, content creation and payment processing fees. Around 60%-70% of money goes to charities.
To be more precise Here’s the difference between non-celebrity prizes and celebrity prizes. For prizes that are awarded to celebrities which are generally more affordable, 60% of the money is given to charities, while 25 percent is given to Omaze. For more expensive prizes like vacations, cars, or cash fifteen percent of amount goes to charity and 65% to 75 percent is given to Omaze.
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Refund Policy
Omaze is currently unable to offer refunds because the money is donated to charitable causes. If you do have any questions about your transactions You should get in touch with Customer Service as soon as possible.
Customer Service Contact Info
If you have any concerns, queries, issues, or complaints. If so you can submit your concerns directly to their website through the Support Center and Submit a Request link. You can also find details and frequently asked questions on the Support Center.
Conclusion
Omaze can be described as an internet-based fundraising platform which allows users to make donations to charitable organizations to be eligible to win exclusive prizes and experiences. Omaze is a legitimate business which has been in operation for many years. It has helped various charities reach their goals by raising funds for them. Its unique fundraising strategy allows everyone to have the opportunity to enjoy amazing once-in-a-lifetime experiences.
Omaze is a new method to give to charity. It has however, received a lot of criticism for how much money actually is donated to charities. It’s understandable, since Omaze is a commercial enterprise, so it’s a for-profit organization. If your intention is to donate money to a charity and make sure that the entire amount goes to them, then donate direct to charity. However, if you’re looking to win the amazing prizes offered by Omaze, then donate through 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 Charitable Deduction
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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 that accepts donations from US donors via the Omaze platform are tax-deductible to the extent the law permits. If, however, your donation is made in conjunction with an experience-based perk then the value of the perk will be subtracted. So if you donate $100 and get a perk worth $75, then your tax-deductible donation would be $25.
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Is there any Omaze scams?
Although Omaze is being criticized by numerous people online as a fraud, the company is totally legit. They are able to raise funds for charities and reward participants in accordance with their promises. To ensure your security ensure that you make your donation through Omaze’s authentic Omaze site only. Verify if the website is fake or not prior to donating your money.
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What are the odds of winning?
The more you donate the more likely you are of winning, as a greater donation equals a larger number of entries. You can however take part without contributing to qualify for a certain amount of entries.
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How can they verify the winner?
Once the contest has closed, a potential winner is randomly drawn via an encrypted and secure randomly generated number generator. After the random draw process, the Omaze team completes the process of confirming winners. There are more details about the process at their site.
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How do they contact and announce winners?
An Omaze representative will notify the winner of the contest via email. The potential winner has 24 hours to respond to the email sent. The Omaze can follow up with a scheduled video conference as well. After a winner is been confirmed and responded to their initial emails, they will need to complete the form provided from The Events Team as part of the confirmation process for winners.
Please note that Omaze will never contact 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 generated by their campaigns. To keep them functioning this amount is used to cover operating expenses, including advertising, content creation, and processing fees.
