Omaze offers an online service on which users can give to charities and have the chance to be the winner of various prizes and experiences. It’s a unique crowdfunding method of raising money. Based on the information provided by the firm, the users have raised more than 150 million dollars and have supported more than 350 charitable organizations. These charities are located all over the world. They are the most reputable 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 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 unique prize, from luxurious cars to unforgettable experience.
Before you continue, you may want to check out this video by The Entrepreneur on YouTube that gives a quick overview. Afterward, you’ll want to read the rest of the article for a more comprehensive review.
How does Omaze function?
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Omaze believes that every person should be able to be a part of fundraising. In the past, charitable organizations typically depended on fundraising events where only the wealthy and famous were invited to. Omaze was founded to make auctions for charities with its unique fundraising method. It allows everyday citizens to give to the charity of their choice starting at just $10.
Two ways to participate. You can donate, and the other is by participating for no cost. It is possible to enter any contest without donating and you’ll earn extra entries based on how much you give. The greater your donation will result in more prizes you’ll win.
To donate, simply select “Enter Now” from the Experience or Prize page on the website. Select a donation amount and follow the instructions to fill in your details. You may donate as many times as you’d like. But, there is an entry limit for each person that is dependent upon the amount of prize.
To be eligible for a free entry 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 a form. After submitting the form you will be awarded a certain number of entries. You can submit the form as many times as you like, but again, the form has a limit on entries. Entry limit.
Omaze has been criticized over how much of the prize is actually going to charity. For expensive prizes, only about 10-15 percent of the money is donated to the charity. The company has stated to say that 10% is still an amount that is significant. The rest of the donation is used to pay for operational and marketing costs to keep them running. It is important that people are enticed to donate because of the attractive prizes.
For prizes with lower costs, the company reports that 60 percent of the donation goes to charity.
Donations made on the site directly go towards Charities Aid Foundation America (CAF America). It’s a public charity 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 variety of incredible prizesthat they refer to as Experiences. The prizes include luxury cars and dream homes, the chance to meet your favorite celeb or have a unique journey.
Here are some examples of the previous and current prizes that are offered by Omaze:
- The chance to win the multimillion-dollar Miami dream home
- A vacation in Japan specifically designed for you
- A memorable safari experience and stay at Giraffe Manor in Kenya
- An opportunity to be the first to win tickets to two of the very first Virgin Galactic flights to space
- Private meet and meet and greet with Dwayne “The Rock” Johnson
- A luxurious vacation to a wellness retreat in Thailand
- First class tickets on planes to anyplace in the world
- Chance to win luxurious cars and a variety of other vehicles
Omaze is constantly offering exciting new campaigns and prizes. Visit their website to view more prizes with the details. Also, you can view previous prizes and winners. For contests that have been held previously you will also be able to see how much the charity has received.
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Who came up with Omaze?
Omaze was founded on the 12th of December 2012, by Ryan Cummins and Matt Pohlson. As per the site, they had the idea when they went to an auction for charity. The item up for bidding was their ideal trip which included a basketball match and dinner together with Magic Johnson. But, the bidding was so high that they were outbid. The prize was only $15,000.
They couldn’t comprehend why such a huge prize only brought in a small amount for a good cause. They also believed that this fundraising model was limited to rich people only. They felt that extraordinary experiences like this should not be available only to a small number of wealthy people.
Then they came up with a new kind of fundraising that could be available to a more large number of people.
The fundraising will be accessible on the internet, which means that everyone can participate. People wouldn’t need an enormous amount of cash to participate this event, which could encourage more participants and help raise more money to support the cause.
They also believe that charitable organizations can feel more confident about advertising themselves on this platform because it’s a great cause. The platform lets charities communicate with a larger public in a more appealing way to raise funds.
Is Omaze real?
While the company has faced some criticism, it seems that they are indeed legitimate. As of now, they’ve raised over $100 million for charity and have given out prizes promised to participants. Numerous famous personalities have also supported and advocated on behalf of the organization.
Several winners have also spoken about the prizes they won. They also have a video on Omaze’s official Omaze Youtube channel.
Omaze is also accredited with the Better Business Bureau with an A+ rating. Omaze Indian Challenger
Since it’s a for-profit organization, Omaze takes around 20% of the donations. Imagine you want all your contributions to be donated to a non-profit. In this scenario, you could consider donating directly to the non-profit organization or charity instead. The best part with Omaze can be that you get to contribute while in the process getting to get a great experience. This makes it appealing to a larger number of people. If you’re looking for unique experiences, then Omaze is a fantastic opportunity.
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Cost and Price Plans
Omaze lets you make donations for starting at just $10. As the donation amount increases, the number of entries increases and the equivalent for 1 entry decreases. For instance, a $150 donation equals 2000 entries, which means one entry for every seven cents donated. Omaze Indian Challenger
Here are the donations amounts in the same amount, with the equivalent quantity of entries
- $10 = 20 entries
- $25 = $25 = 125 entries (most sought-after option according to the website)
- $50 = 500 entries
- $1200 = $100
- 150 = 2000 entry
According to Omaze their business, it takes around 12%-20% of the net earnings. This is used to cover operating expenses, including advertising, content creation, and processing fees for payments. 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 which are generally cheaper, 60% of the prize goes to charity, while 25% goes to Omaze. For more expensive prizes like cars, vacations, or cash, 15% of the money 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. However, if you encounter any issues with your transaction You should get in touch with Customer Service as soon as possible.
Customer Service Contact Info
If you have questions, concerns, or complaints. In this case you can submit your concerns directly to their website via their Support Center and Submit a Request link. You can also access information and find frequently asked questions in the Support Center.
Conclusion
Omaze can be described as an internet-based fundraising platform that allows people to donate to charities in exchange for the chance to win exclusive prizes as well as experiences. It’s a legitimate organization that has been operating for many years. It has assisted numerous charities reach their goals by making donations for them. Its unique fundraising model lets everyone have the opportunity to experience unforgettable experiences that will last a lifetime.
Omaze is a new method to make a donation to charities. It has however, received critiques regarding how much actually is donated to charities. However, it’s understandable since Omaze is a commercial enterprise and is a non-profit organisation. If your goal is to donate money to a charity and make sure 100% goes to them, then donate direct to charity. However, if you’re looking to win one of Omaze’s amazing prizes you can donate to Omaze instead. You get the chance to be the winner of a prize and also donate to a great cause.
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FAQS Omaze Indian Challenger
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Where is Omaze where is it based?
Omaze is located in Los Angeles, California.
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Is my contribution tax-deductible?
All Omaze donations go to Charities Aid FoundatAmerica ion (CAFA). Because CAFA is an US charity, all donations made by US donors using Omaze are tax-deductible. Omaze platform are tax-deductible in the amount the law allows. If, however, your donation is made in conjunction with an experience perk that is worth more than the perk will be subtracted. So if you donate $100 and receive 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 many people online as a fraud, the company is totally legit. They are able to raise funds to benefit the organizations involved and award participants as promised. To ensure your safety be sure to make your donation through the Omaze official Omaze site only. Check to make sure the website is fake or not prior to making a donation of your money.
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What are the odds of winning?
The more you contribute the more likely you are of winning, as a greater donation equals a larger number of entries. You can however participate without contributing money to qualify for a set amount of entries.
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How can they verify the winner?
When the contest has ended, a potential winner is randomly drawn via a cryptographically secure random-number generator. After the random drawing process, the Omaze team completes the process of confirming winners. You may view more details on the procedure at their site.
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How can they get in touch with them? to announce winners?
An Omaze representative notifies the potential winner via email. The potential winner has 24 hours to respond to the initial email. The Omaze could respond with a planned video conference, too. After a winner is been confirmed and responded to their initial emails, they need to complete the form provided through the Events Team as part of the confirmation process for winners.
Note Omaze does not contact winners via social media, only through email.
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How does Omaze earn money?
As a not-for-profit entity, Omaze collects a 20% fee on net raises from their campaigns. To ensure that they are functioning this amount can be used to fund operating expenses, including advertising, content creation, and payment processing fees.
