Omaze can be described as an online marketplace that allows users can give to charities and have the chance to be the winner of various prizes and experiences. It’s an innovative method of raising funds. Based on the information provided by the firm, the users have raised more than 150 million dollars, and have benefited over 350 charitable organizations. These charities are located all over the world. 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 required to participate in 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 own special prize, ranging from luxury automobiles to unique experience.
Before you continue, you may want to check out this video by The Entrepreneur on YouTube that gives a quick review. Afterward, you will want to read the rest of our article for a more comprehensive review.
What is the process behind Omaze function?
Omaze believes that every person deserves the opportunity to be a part of fundraising. In the past, charitable organizations typically depended on fundraising events where only the rich and famous could attend. Omaze wanted to democratize charity auctions through its unique fundraising method. This means everyday people can give to the charity they choose starting at just $10.
You have two options to participate. The first is through donating or entering for free. You can enter any contest without donating however you will earn extra entries based on how much you give. The greater your donation will result in more prizes you’ll win.
To donate, click “Enter Now” from the Experience or Prize page on the website. Select a donation amount and follow the directions to fill in your details. You can make donations as often as you like. There is however an upper limit on entries that varies depending on the prize.
To be eligible for a free entry To enter for free, visit the Experience or Prize page on the website. Select the “enter without contributing link” and follow the directions. You’ll need to fill out the form. When you submit the form, you will receive a particular amount of entries. You can submit the form as many times as you like, but again, there is a maximum Entry limit.
Omaze has been criticized about how much of the donation goes toward the actual charity. For expensive prizes, only about 10-15 percent of the money is donated to charity. The company has stated to say that 10% is still an impressive amount. The rest of the donation is used to cover the costs of marketing and operations to continue to run the business. The most important thing is that people are motivated to donate because of the attractive prizes.
For prizes that are less costly The company says that 60% of the money goes to charity.
Donations made on the site directly go towards Charities Aid Foundation America (CAF America). It’s a non-profit organization which has joined forces with Omaze in making fundraising easy secure, efficient, and safe. CAFA utilizes donations to help fund grants for charitable organisations.
Omaze offers a variety of incredible prizes, which they call Experiences. These prizes include luxurious cars, dream homes, the chance to meet your favorite celebrity and a once-in-a lifetime trip.
Here are some examples of past and current prizes that are offered by Omaze:
- The chance to be the owner of a multimillion-dollar Miami dream house
- A trip to Japan specially designed for you
- A memorable safari experience and stay at Giraffe Manor in Kenya
- An opportunity to win two seats on one of the first Virgin Galactic flights to space
- An exclusive meet and meet and greet featuring 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 vehicles and other vehicles
Omaze offers constantly exciting new campaigns and prizes. Check their website for additional prizes and information. You can also see previous prizes and winners. For contests that have been held previously, you can also see how much the charity received.
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Who started Omaze?
Omaze was founded in 2012 in 2012 by Ryan Cummins and Matt Pohlson. According to the website, they came up with the idea after attending a charity auction. The item that was up for auction was their dream experience: a basketball game and meal in the company of Magic Johnson. However, the bidding went so high that they were outbid. The prize raised just $15,000.
They couldn’t comprehend why such a big prize only raised a small amount for a great cause. They also thought that the fundraiser was only available to wealthy people only. They thought that incredible experiences like this should not be available only to a select group of wealthy individuals.
Then they came up with an entirely new method of fundraising, which would be available to a more large variety of people.
The fundraising will be accessible online, so anyone could take part. It wouldn’t take much funds to participate, which would encourage more participants and help raise more money in support of the organization.
They believe that charitable organizations should feel better about advertising on the platform, since it’s an important cause. Their platform allows charities to connect with a wider public in a more appealing way to raise funds.
Is Omaze real?
While the company has faced some criticism, they appear that they are indeed legitimate. They have raised over 100 million dollars for charity and have given out prizes promised to participants. Many famous celebrities have also endorsed and advocated for the platform.
Many winners have also spoken regarding the prize they won. Some are also featured on their official Omaze Youtube channel.
Omaze is also accredited by The Better Business Bureau with an A+ rating. Omaze Fast8
Since it’s a for-profit organization, Omaze takes around 20% of the donations. Suppose you want all of your donations to be donated to a non-profit. In this situation, you may consider donating directly to the non-profit or charity instead. The best part of Omaze is the fact that it allows you to have the chance to do something positive and, at the same time, get the chance to be awarded a fantastic experience. This makes it very appealing to a larger number of people. If you’re looking for unique experiences Then Omaze is an excellent chance.
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Cost and Price Plans
Omaze lets you donate for as low as $10. If the amount you donate increases, the number of entries also increases, and the value of one entry decreases. For instance $150 is equal to 2000 entries. This is one entry for every seven cents given. Omaze Fast8
Here are the donations amounts with the equivalent number of entries:
- $10 = 20 entries
- $25 = 250 entries (most well-liked option, according to the site)
- $500 = $50 entries
- $1200 = $100
- $1000 = 2000 entries
According to Omaze the company, they take approximately 12% to 20% of net funds. This is used to pay for expenses for operations, like advertising, content creation, and payment processing fees. Around 60%-70% of money goes to charities.
To make it more specific This is how it differs between the celebrity and non-celebrity prizes. For the prizes of celebrities that are usually cheaper, sixty percent of prize goes to the charity, while 25 percent goes to Omaze. For more expensive prizes like vacations, cars, or cash 15% of the money goes to charity and 65% to 75 percent goes to Omaze.
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Omaze currently doesn’t offer refunds because the money is donated to charitable causes. However, if you have any concerns regarding your transactions You should get in touch with Customer Service as soon as possible.
Customer Service Contact Info
If you have any concerns, questions, concerns, or complaints. In that case you can send them directly to their site through using the Support Center and Submit a Request link. You can also find information and answers to frequently asked questions at the Support Center.
Omaze is an online platform for fundraising that allows people to donate to charities to be eligible to win unique prizes and experience. It’s a legitimate company that has been running for a number of years. It has helped numerous charities to achieve their goals through raising money for them. Its unique fundraising model lets everyone have the opportunity to enjoy amazing once-in-a-lifetime experiences.
Omaze is a different method to donate to charities. However, it has received criticism for how much money actually is donated to charities. However, it’s understandable since Omaze is a commercial enterprise and is a non-profit organisation. If your intention is to donate money to a charity and make sure that 100% goes to them, you could donate straight to your charity. If you’re interested in the amazing prizes offered by Omaze make sure to donate via Omaze instead. It’s a win-win situation since you get the chance to be the winner of a prize and also donate to a great cause.
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FAQS Omaze Fast8
Where is Omaze where is it based?
Omaze is headquartered within Los Angeles, California.
Is my contribution tax-deductible?
All Omaze donations go through Charities Aid FoundatAmerica ion (CAFA). Since CAFA is a US charity, all donations made by US donors via Omaze are tax-deductible. Omaze platform can be tax-deductible as long as the law permits. However, if your contribution comes with an experience perk then the value of the experience perk will be deducted. So if you donate $100 and get an experience worth $75, then your tax-deductible contribution will be $25.
Are there any Omaze scams?
While Omaze is being criticized by many people online as a scam but the business is legitimate. They are able to raise funds to benefit the organizations involved and also award participants according to the promises. To ensure your safety, just make sure to give your money to the authentic Omaze site only. Double-check to see if the site is legitimate or not before donating your money.
What are the chances of winning?
The more you give the greater your chance of winning, as a greater donation equals a greater number of entries. However, you can still take part without contributing to qualify for a specific number of entries.
How do they confirm a winner?
After the contest is over after the contest has ended, a winner could be randomly selected using an encrypted and secure random-number generator. Following the random drawing process Omaze’s team finishes the winner confirmation process. There are more information about the procedure through their official website.
How do they reach them and to announce winners?
An Omaze representative notifies the potential winner via email. The potential winner has 24 hours to respond to the email sent. The Omaze may contact them with an scheduled video call as well. After a winner is been confirmed and responded to their initial emails, they must sign paperwork sent to them through an Events Team as part of the winner confirmation process.
Do note that Omaze will never reach out to winners via social media. Instead, it will contact them by email.
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 that they are functioning this amount is used to pay for operating expenses, including advertising, content creation, and processing fees.