Omaze Good Or Bad

omaze-review

Omaze is an online platform on which users can donate to charitable causes and have the chance to be the winner of various prizes and experiences. It’s a unique crowdfunding method of raising funds. According to the company, the users have raised more than 150 million dollars and have supported more than 350 charities. They have charities all over the world. They are the most reputable non-profit organizations such as UNICEF, After-School All-Stars, Julia’s House, Product Red along with Make-A-Wish Foundation.

Donations aren’t required to be entered into a contest however, they can earn additional contest entries as well as other perks. Users can decide what charity they would like to donate to. Every contest comes with its own distinct prize, from luxury cars to unforgettable experience.

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Before you go on, you may want to check out this video by The Entrepreneur on YouTube that gives a quick review. After, you will want to read the rest of the article for a more comprehensive review of Omaze.

How does Omaze function?

Omaze Good Or Bad

Omaze believes that everyone should have the chance to take part in fundraising. Traditionally, charitable organizations usually depended on fundraising events where only the famous and wealthy could attend. Omaze set out to open up charity auctions through its unique fundraising model. This means everyday people can make a donation to the charity they choose for as low as $10.

There are two ways to participate. One is by donating, or participating for free. You are able to participate in any contest with no donation however you will earn extra entries based on the amount you donate. The greater your donation will result in more prize entries you’ll get.

To make a donation, select “Enter Now” from the Experience or Prize page on the website. Choose a amount to donate and follow the directions to provide your information. You can give as many times as you like. There is however a maximum Entry limit which varies based upon the amount of prize.

To enter for free To enter for free, visit the Experience or Prize page on the website. Click the “enter without contributing link” and follow the directions. You’ll need to fill out an online form. When you submit the form, you will receive a particular number of entries. The form can be submitted multiple times as you want, however, there is a maximum entry limit.

Omaze has received some criticism over how much of the prize goes toward the actual charity. For expensive prizes, only around 10-15 percent of the proceeds go to the charity. The company has responded to say that 10% is still an impressive amount. The remaining donation is used to cover the costs of marketing and operations to continue to run the business. What matters is that people are enticed to donate because of 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 are directly donated into Charities Aid Foundation America (CAF America). It’s a nonprofit organization that has partnered with Omaze to make fundraising simple, safe, and effective. CAFA uses donations to fund grants to charitable organizations.

Omaze Prizes

Omaze offers a wide range of amazing prizes, which they refer to as Experiences. The prizes include luxurious vehicles and dream homes, a chance to meet your favorite celebrity, or a once-in-a-lifetime journey.

Here are a few examples of the previous and present prizes that are offered by Omaze:

  • A chance to take home a multimillion-dollar Miami dream home
  • A vacation in Japan curated just for you
  • An unforgettable safari and 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 greet for Dwayne “The Rock” Johnson
  • A luxurious vacation to a wellness resort in Thailand
  • First class tickets on planes to anyplace in the world.
  • Chance to win luxurious automobiles and other vehicles

Omaze is constantly offering new campaigns and enticing prizes. You can check their website to see additional prizes and details. It also provides previous prizes as well as the winners. For contests that have been held previously you can also view the amount the charity has received.

Omaze Good Or Bad

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Who started Omaze?

Omaze was launched in 2012 through Ryan Cummins and Matt Pohlson. As per the site, they came up with the idea after attending an auction benefitting charity. The auction item was their ideal experience which included a basketball match and meal together with Magic Johnson. However, the bidding went so high that they ended up being outbid. The prize was only $15,000.

The two couldn’t figure out why such a huge prize only raised a tiny amount for a great cause. They also thought that the fundraising model was limited to those who are wealthy. They thought that incredible experiences like this should not be available only to a small number of wealthy individuals.

So they decided to develop an entirely new method of fundraising that could be available to a substantial amount of people.

The fundraising will be accessible online, so anyone could participate. Participants wouldn’t require an enormous amount of funds to participate this event, which could increase participation and raise more funds in support of the organization.

They think that charities should feel better about advertising themselves on the platform, since it’s an important cause. Their platform allows charities to connect with a wider market in a way that is appealing to raise funds.

Is Omaze legitimate?

Although the company has received some criticism, it appears that they are indeed legitimate. So far, they have raised over $100 million for charity and have distributed the prizes promised to participants. Numerous famous personalities have also been a part of the campaign and lobbied to the program.

A number of winners have also talked of the awards they have won. They are also featured on Omaze’s official Omaze Youtube channel.

Omaze is also certified by the Better Business Bureau with an A+ rating. Omaze Good Or Bad

Because it’s a not-for-profit company, Omaze takes around 20 percent of donations. Suppose you want 100% of your donations to go to the non-profit. In that scenario, you could think about donating direct to the nonprofit or charity instead. The best part of Omaze is that you get to make a difference and simultaneously, get the chance to be awarded a fantastic experience. This makes it very appealing to a broader number of people. If you’re looking for unique experiences Then Omaze is a great chance.

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Cost and Price Plans

Omaze lets you make donations for as low as $10. When the amount of donation increases, the number of entries increases and the amount equivalent to 1 entry decreases. For instance, a $150 donation equals 2000 entries. This is 1 entry per 7 cents given. Omaze Good Or Bad

Here are the donations amounts with the equivalent number of entries:

  • $10 = 20 entries
  • $25 = $25 = 125 entries (most well-liked option, according to the website)
  • $50 = 500 entries
  • $100 = 1,200 entries
  • $150 = 2000 entries

According to Omaze their business, it takes about 12%- 20% of net profits. This is used to cover expenses for operations, like advertising, content creation and processing fees for payments. Around 60%-70% of funds are donated to charities.

To make it more specific Here’s the difference between the celebrity and non-celebrity prizes. For celebrity prizes which are generally cheaper 60percent of donation is given to charities, while 25 percent goes to Omaze. For more expensive prizes like automobiles, vacations or cash, 15% of the donation is donated to charity, while 65%-75 percent goes to Omaze.

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Refund Policy

Omaze currently does not provide refunds as the donations are for charitable causes. If you do have any questions regarding your transactions You should get in touch with Customer Service as soon as possible.

Customer Service Contact Info

If you have queries, issues, or complaints. In that case, you may submit your concerns directly to their website via the 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 allows people to donate to charitable organizations with the possibility to win unique prizes and experience. Omaze is a legitimate business that has been operating for a number of years. It has assisted numerous charities achieve 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 different way to give to charity. It has however, been the subject of a lot of critiques regarding how much actually goes to charity. However, it’s understandable since Omaze is a business, so it’s a for-profit company. If you’re looking to donate money to a charity and make sure that all proceeds go to them, then you can donate direct to charity. However, if you’re looking to win one of Omaze’s fabulous prizes you can donate to Omaze instead. It’s a win-win since you can be the winner of a prize and also donate to a worthy cause.

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FAQS Omaze Good Or Bad

  • Where is Omaze based?

Omaze is headquartered at Los Angeles, California.

  • Can my tax-deductible contribution be deducted?

All Omaze donations go through Charities Aid FoundatAmerica ion (CAFA). Since CAFA is a US charity and all donations made by US donors using the Omaze platform can be tax-deductible as long as the law permits. However, if your donation is accompanied by an experience reward, the value of the perk will be subtracted. If you give $100 and receive an experience worth 75 dollars, the tax-deductible donation will be $25.

  • Do you know of any Omaze scams?

Even though Omaze has been criticized by numerous people online as a fraud, the company is totally legitimate. They can raise funds for the charities involved and award participants as promised. To ensure your security, just make sure to give your money to the official Omaze web site. Double-check to see if the website is genuine or not prior to making a donation of your money.

  • What are the odds of winning?

The more you give the more likely you are of winning because a larger donation equals a greater amount of entries. However, you can still participate without contributing money to qualify for a set number of entries.

  • How can they verify a winner?

Once the contest has closed the winner will be randomly drawn via a cryptographically secure randomly generated number generator. After the random draw process Omaze’s team will complete the process of confirming winners. There are more details on the process on their website.

  • How do they contact and the winners?

An Omaze representative will notify the winner of the contest via email. The winner is given 24 hours to reply to the email sent. The Omaze could contact them with an planned video conference, too. If a winner has been confirmed and responded to their initial emails, they will need to complete the form provided by an Events Team as part of the winner confirmation process.

Do note Omaze won’t contact winners via social media. Instead, it will contact them by email.

  • How does Omaze earn money?

As a for-profit organization, Omaze receives a 20% fee on net increases from their campaigns. To ensure that they are up and running, this fee is used to cover the operational expenses like advertising, content creation, and payment processing fees.

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