Omaze offers an online service on which users can give to charities and also get various prizes and experience. It’s a unique crowdfunding method of raising funds. As per the website, its users have raised over 150 million dollars and have supported more than 350 charities. These charities are located all over the world. These charities are major credited non-profit organizations like UNICEF, After-School All-Stars, Julia’s House, Product Red, and Make-A-Wish Foundation.
Donations are not required to be entered into a contest but they earn extra contest entries as well as other perks. Users are able to choose the cause they’d like to contribute to. Every contest comes with its 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. After, you will want to read the rest of our article for a more comprehensive review.
What is the process behind Omaze function?
Omaze F100
Omaze believes that every person should be able to be a part of fundraising. Traditionally, charitable organizations usually relied on fundraisers where only the famous and wealthy attended. Omaze was founded to make charity auctions through its unique fundraising model. This means everyday people can give to the charity of their choice starting at just $10.
You have two options to participate. The first is through donating or participating for no cost. It is possible to enter any contest without donating however you will earn extra entries based on how much you donate. The greater your donation is, the more prize entries you’ll receive.
To donate, simply go to “Enter Now” from the Experience or Prize page on the website. Then choose a donation amount and follow the directions to enter your personal information. You are able to donate as many times as you like. But, there is a maximum Entry limit that is dependent on the prize.
To enter for free To enter for free, visit the Experience or Prize page on the website. Click on the “enter without contributing link” and follow the directions. You’ll need to fill out a form. Upon submitting the form, you will receive a particular number of entries. The form can be submitted multiple times as you want, however you will be subject to a certain Entry limit.
Omaze has faced criticism about what percentage of prize goes toward the actual charity. In the case of expensive prizes, about 10-15 percent of the money is donated to the charity. The company has replied to say that 10% is still an amount that is significant. The rest of the donation is used to cover operational and marketing costs to ensure that they are running. The most important thing is that people are encouraged to contribute due to the attractive prizes.
For prizes that are less costly The company claims that 60 percent of the donation is given to charities.
Donations made on the site are directly donated towards Charities Aid Foundation America (CAF America). It’s a non-profit organization that has partnered with Omaze to make fundraising simple as well as safe and efficient. CAFA uses donations to fund grants for charitable organisations.
Omaze Prizes
Omaze offers a wide range of incredible prizes, which they call Experiences. The prizes include luxury cars and dream homes, the opportunity to get to know your favourite celebrity, or a once-in-a-lifetime journey.
Here are some examples of the past and present prizes provided by Omaze:
- The chance to be the owner of an enviable multimillion dollar Miami dream house
- A trip to Japan specifically designed for you
- An unforgettable safari as well as a stay at Giraffe Manor in Kenya
- An opportunity to be the first to win tickets to two of the first Virgin Galactic flights to space
- Private meet and meet and greet featuring Dwayne “The Rock” Johnson
- A luxurious trip to a wellness resort in Thailand
- First-class plane tickets to anywhere in the world.
- A chance to win luxury vehicles and other vehicles
Omaze offers constantly exciting new campaigns and prizes. Check their website for more prizes with the details. You can also see previous prizes and the winners. For contests that have been held previously you can also view the amount that the charity has received.
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Who came up with Omaze?
Omaze was founded in 2012 by Ryan Cummins and Matt Pohlson. As per the site, they came up with the idea when they went to an auction for charity. The auction item was their dream experience: a basketball game and dinner in the company of Magic Johnson. However, the bidding went so high that they were outbid. The prize was only $15,000.
The two couldn’t figure out why such a big prize only raised a small amount for a good cause. They also believed that this fundraiser was only available to those who are wealthy. They thought that incredible experiences such as this shouldn’t be restricted to a few wealthy people.
They decided to create an innovative method of fundraising that would be available to a more significant variety of people.
The fundraising will be accessible on the internet, which means that everyone can participate. People wouldn’t need a lot of money to enter this event, which could encourage more participants and help raise more funds for the charity.
They also think that charities should feel better about advertising themselves on this platform since it’s for an excellent cause. Their platform allows charities to communicate with a larger audience in an attractive way to raise funds.
Is Omaze real?
While the company has faced some criticism, it appears that they’re actually legitimate. As of now, they’ve raised over 100 million dollars for charity and have given out prizes to participants as promised. Numerous famous personalities have also been a part of the campaign and lobbied for the platform.
A number of winners have also talked of the awards they have won. Some are also featured on their official Omaze Youtube channel.
Omaze is also accredited with The Better Business Bureau with an A+ rating. Omaze F100
As a non-profit corporation, Omaze takes around 20% of the donations. Imagine you want all of your donations going to a non-profit. If that is the case, you might consider donating directly to the non-profit organization or charity instead. But the best thing with Omaze can be that you have the chance to do something positive and, at the same time getting to be awarded a fantastic experience. This makes it appealing to a larger number of people. If you’re seeking unique experiences Then Omaze is a fantastic opportunity.
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Cost and Price Plans
Omaze lets you donate for as low as $10. If the amount you donate increases, the percentage of entries increases and the amount equivalent to 1 entry decreases. For example 150 dollars equals 2000 entries, which means 1 entry for every 7 cents that are donated. Omaze F100
Here are the donation amounts with the equivalent amount of entry entries
- $20 = 20 entry
- $25 = $25 = 125 entries (most popular option according to the site)
- $50 = 500 entries
- $1200 = $100
- $1000 = 2000 entries
According to Omaze their business, it takes around 12%-20% of the net funds. This is used to pay for expenses for operations, like marketing, content creation, and processing fees. Around 60%-70% of funds go to charity.
To make it more specific Here’s the difference between celebrity prizes and non-celebrity prizes. For the prizes of celebrities that are usually cheaper 60% of the prize goes to the charity and 25 percent is given to Omaze. For prizes that are more costly, such as cars, vacations, or cash, 15% of the amount goes to charity while 65%-75% goes to Omaze.
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Refund Policy
Omaze currently doesn’t offer refunds since the money is donated to charitable causes. However, if you encounter any concerns regarding your transactions, you should contact Customer Service as soon as possible.
Customer Service Contact Info
If you have questions, concerns or concerns. In this case you can send them directly to their website through the Support Center and Submit a Request link. There is also a wealth of information and answers to frequently asked questions in the Support Center.
Conclusion
Omaze is an online fundraising platform that lets people donate to charities with the possibility to win prizes that are unique as well as experiences. It’s a legitimate company that has been running for a number of years. It has helped various charities to achieve their goals through raising money for them. Its unique fundraising model lets everyone have the chance to gain incredible experiences once in a lifetime.
Omaze is a new method to donate to charity. It has however, received a lot of criticism over how much of the money actually is donated to charities. But, this is understandable as Omaze is a company which is a profit-making organization. If your intention is to donate money to an organization and ensure that all proceeds go to them, you could donate direct to charity. If you’re interested in one of Omaze’s amazing prizes you can donate to Omaze instead. It’s a win-win since you have the chance to win prizes while also contributing to a worthy cause.
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FAQS Omaze F100
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Where is Omaze located?
Omaze is located within Los Angeles, California.
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Can my tax-deductible contribution be deducted?
All Omaze donations go through Charities Aid FoundatAmerica ion (CAFA). Because CAFA is a US charity and all donations made by US donors through Omaze are tax-deductible. Omaze platform are tax-deductible to the extent the law permits. If, however, 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 get an experience perk of $75, your tax-deductible donation would be $25.
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Do you know of any Omaze scams?
Although Omaze is being attacked by numerous people online as a fraud, the company is totally legit. They are able to raise funds for the charities involved and reward participants in accordance with their promises. To ensure your security ensure that you donate your money through the Omaze official Omaze web site. Double-check to see if the website is fake or not prior to donating your money.
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What are the chances of winning?
The more you donate the more likely you are of winning since a higher donation equals a greater amount of entries. However, you can still take part without contributing to qualify for a specific amount of entries.
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How do they confirm that they have a winner?
After the contest is over, a potential winner is randomly drawn via a cryptographically secure randomly generated number generator. After the random drawing process Omaze’s team finishes the confirmation of the winner. There are more information about the process on their website.
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How do they contact and the winners?
An Omaze representative notifies potential winners via email. The potential winner has 24 hours to respond to the initial email. The Omaze can follow up with a planned video call as well. If a winner has confirmed and replied to the initial email, they must sign paperwork sent to them from the Events Team as part of the confirmation process for winners.
Please note Omaze does not contact the winners through social media, only through email.
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How does Omaze make money?
As a not-for-profit entity, Omaze receives a 20% fee on net increases from their campaigns. To ensure they stay functioning this amount is used to pay for the operational expenses like advertising, content creation, and payment processing fees.
