Omaze offers an online service that allows users can give to charities and also get various prizes and experience. It’s an innovative approach to raising funds. According to the company, its users have raised over 150 million dollars, and have benefited more than 350 charitable organizations. They have charities across the globe. These charities are renowned non-profit organizations such as UNICEF, After-School All-Stars, Julia’s House, Product Red and Make-A-Wish Foundation.
Donations aren’t necessary to participate in a contest, but they earn extra contest entries, as well as other benefits. Users are able to choose the cause they’d like to contribute to. Every contest comes with its unique prize, from luxurious automobiles to unique experiences.
Before you go on, you may want to watch 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 of Omaze.
How does Omaze work?
Omaze Donation Tax Deductible
Omaze believes that every person should be able to take part in fundraising. In the past, charitable organizations typically relied on fundraising events that only the rich and famous could attend. Omaze set out to open up auctions for charities with its unique fundraising method. This means that everyday people can make a donation to the charity they choose for as little as $10.
Two ways you can enter. You can donate, while the other option is taking part for no cost. You are able to participate in any contest without donating and you’ll earn extra entries based on the amount you give. The more you donate is, the more prize entries you’ll receive.
To make a donation, click “Enter Now” from the Experience or Prize page on the website. Choose a amount to donate and follow the steps to enter your personal information. You are able to donate as many times as you want. But, there is an upper limit on entries which varies based upon the amount of prize.
For a chance to win for free, go to the Experience or Prize page on the website. Click on the “enter without contributing link” and follow the directions. You will need to accomplish an online form. Upon submitting the form, you will be awarded a certain amount of entries. You may submit the form multiple times as you like, but again, the form has a limit on entries. Entry limit.
Omaze has faced criticism over its contribution to charity. donation goes to the charity. For expensive prizes, only 10 to 15 percent of the donation goes to charity. The company has stated with the statement that 10% an amount that is significant. The remainder of the money is used to cover operational and marketing costs to ensure that they are running. What matters is that people are motivated to donate because of the attractive prizes.
For less expensive prizes, the company reports that 60 percent of the prize goes to charity.
Donations made through the website directly go into Charities Aid Foundation America (CAF America). It’s a non-profit organization that has partnered with Omaze to make fundraising simple secure, efficient, and safe. CAFA utilizes donations to help fund grants for charitable organizations.
Omaze provides a range of incredible prizesthat they refer to as experiences. These prizes include luxurious cars, dream homes, a chance to meet your favorite celeb or have a unique travel experience.
Here are some examples of past and present prizes that are offered by Omaze:
- Chance to be the owner of an enviable multimillion dollar Miami dream house
- A vacation in Japan specially designed for you
- An unforgettable safari and stay at Giraffe Manor in Kenya
- An opportunity to win tickets to two of the very first Virgin Galactic flights to space
- A private meet and greet with Dwayne “The Rock” Johnson
- A luxury trip to a spa resort in Thailand
- First-class plane tickets to anywhere in the world
- Chance to win luxurious cars and a variety of other vehicles
Omaze has a constant stream of new promotions and attractive prizes. Visit their website to view additional prizes and information. You can also see previous prizes and winners. For contests that have been held previously you can also view the amount that the charity has received.
Who started Omaze?
Omaze was launched at the end of 2012 in 2012 by Ryan Cummins and Matt Pohlson. According to the website, they had the idea after attending an auction for charity. The auction item was their dream experience: a basketball game and dining together with Magic Johnson. However, the bidding went so high that they were outbid. The prize ended up raising only $15,000.
They couldn’t comprehend why such a huge prize only brought in a small amount for a good cause. They also thought that the method of fundraising was restricted to rich people only. They felt that extraordinary experiences like this should not be restricted to a select group of wealthy individuals.
So they decided to develop an innovative method of fundraising that would be available to a more large number of people.
This fundraising would be available online, so anyone could participate. People wouldn’t need an enormous amount of money to enter, which would encourage more participants and help raise more money to support the cause.
They also think that charities ought to feel more comfortable marketing themselves through this platform since it’s for an important cause. The platform lets charities connect with a wider audience in an attractive way to raise money.
Is Omaze real?
While the company has faced some criticism, they appear that they’re legitimate. They have raised more than 100 million dollars for charity and have given out prizes promised to participants. Many famous celebrities have also endorsed and advocated on behalf of the organization.
Many winners have also spoken about the prizes they have won. They are also featured on their Omaze channel. Omaze Youtube channel.
Omaze is also accredited with Omaze is also accredited by Better Business Bureau with an A+ rating. Omaze Donation Tax Deductible
Because it’s a not-for-profit company, Omaze takes around 20% of the donations. If you wish to have all your contributions going to a non-profit. In this situation, you may decide to donate straight to the charity organization or charity instead. The best part with Omaze can be that you have the chance to contribute and, simultaneously getting to 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.
Cost and Price Plans
Omaze lets you donate for as low as $10. As the donation amount increases, the proportion of entries also increases, and the equivalent for 1 entry decreases. For instance, a $150 donation equals 2000 entries, which is 1 entry per 7 cents that are donated. Omaze Donation Tax Deductible
Here are the donation amounts in the same amount, with the equivalent quantity of entries
- $20 = 20 entry
- $25 = $25 = 125 entries (most popular option according to the website)
- $50 = 500 entries
- $100 = 1,200 entries
- 150 = 2000 entry
According to Omaze the company, they take about 12%- 20% of net funds. The money is used to pay for expenses for operations, like marketing, content creation, and payment processing fees. About 60%-80% of the money goes to charities.
To be more precise Here’s the difference between celebrity prizes and non-celebrity prizes. For prizes that are awarded to celebrities, which are typically less expensive, sixty percent of prize goes to the charity and 25 percent goes to Omaze. For prizes that are more costly, such as cars, vacations, or cash fifteen percent of amount goes to charity and 65% to 75 percent goes to Omaze.
Omaze is currently unable to offer refunds since the money is donated to charitable causes. However, if you 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 issues. If so you can submit them directly to their website through using the Support Center and Submit a Request link. You can also find information and answers to frequently asked questions in the Support Center.
Omaze is an online fundraising platform that allows people to donate to charities with the possibility to win unique prizes as well as experiences. It’s a legitimate organization which has been in operation for several years now. It has helped numerous charities reach their goals by raising money for them. Its unique fundraising model lets everyone have the opportunity to enjoy unforgettable experiences that will last a lifetime.
Omaze is a different method to make a donation to charities. However, it’s received critiques regarding how much actually is donated to charities. It’s understandable, since Omaze is a company and is a non-profit organization. If your intention is to donate money to an organization and ensure that the entire amount goes to them, then you can donate direct to charity. However, if you’re looking to win one of Omaze’s fabulous prizes, then donate through Omaze instead. It’s a win-win since you have the chance to be the winner of a prize and also donate to a great cause.
FAQS Omaze Donation Tax Deductible
Where is Omaze based?
Omaze is based within Los Angeles, California.
Does my contribution count as tax-deductible?
All Omaze donations go through Charities Aid FoundatAmerica ion (CAFA). Since CAFA is an US charity and all donations made by US donors through the Omaze platform are tax-deductible to the extent the law allows. If, however, your donation comes with an experience reward, the value of the perk will be reduced. If you give $100 and receive an experience worth $75, your tax-deductible donation would be $25.
Is there any Omaze frauds?
Although Omaze is being criticized by many people online as a fraud but the business is legit. They are able to raise funds for the charities involved and also award participants according to the promises. To ensure your safety be sure to make your donation through Omaze’s official Omaze website only. Double-check to see if the website is fake or not prior to making a donation of your money.
What are the odds of winning?
The more you give, the higher your chances of winning because a larger donation equals a more significant number of entries. However, you can still take part without contributing to qualify for a set number 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 a cryptographically secure random number generator. Following the random drawing process, the Omaze team completes the process of confirming winners. There are more information about the process at their site.
How can they get in touch with them? the winners?
An Omaze representative will notify the winner of the contest via email. The winner is given 24 hours to reply to the initial email. The Omaze may follow up with a scheduled video call as well. If a winner has confirmed and replied to 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 that Omaze will never contact the winners through social media. It will only contact them via email.
How does Omaze make money?
As a not-for-profit entity, Omaze receives 20% of net increases from their campaigns. To ensure they stay up and running this amount is used to pay for operational costs, such as advertisements, content creation, and payment processing fees.