Omaze can be described as an online marketplace on which users can donate to charitable causes and also get various prizes and experience. It’s a unique crowdfunding method for raising money. As per the website, the users have raised more than 150 million dollars and supported more than 350 charities. 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 along with Make-A-Wish Foundation.
Donations are not required to enter a contest, however, they can earn additional contest entries as well as other perks. Users can decide what cause they’d like to contribute to. Every contest comes with its own unique prize, from luxurious cars to unforgettable experience.
Before you continue, 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 the article for a more comprehensive review.
How does Omaze work?
Omaze Investment
Omaze believes that every person deserves the opportunity to be a part of fundraising. Traditionally, charities relied on fundraising events that only the rich and famous were invited to. Omaze set out to open up auctions for charities with its unique fundraising method. It allows everyday citizens to 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 no cost. You can enter any contest for free and you’ll earn extra entries based on the amount you donate. The more you donate will result in 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 steps to enter your personal information. You may donate as many times as you want. But, there is a maximum Entry limit that varies depending upon the amount of prize.
For a chance to win 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 instructions. You will need to accomplish a form. When you submit the form, you will receive a particular amount of entries. You can submit the form as many times as you’d like, however, there is a maximum Entry limit.
Omaze has received some criticism about its contribution to charity. prize goes toward the actual charity. For expensive prizes, only about 10-15 percent of the money is donated to the charity. The company has responded that 10 percent is still a significant amount. The rest of the donation will be used to pay expenses for marketing and operational costs to keep them running. The most important thing is that people are motivated to give because of attractive prizes.
For prizes with lower costs The company says that 60 percent of the prize is given to charities.
Donations made through the website are directly donated to Charities Aid Foundation America (CAF America). It’s a nonprofit organization which 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 luxurious vehicles, dream homes, a chance to meet your favourite celebrity or have a unique journey.
Here are some examples of past and current prizes provided by Omaze:
- Chance to win the multimillion-dollar Miami dream home
- A trip to Japan specially designed for you
- A memorable safari experience and stay at Giraffe Manor in Kenya
- A chance to get two seats on one of the first Virgin Galactic flights to space
- An exclusive meet and meet and greet with Dwayne “The Rock” Johnson
- A luxurious vacation to a wellness resort in Thailand
- First class tickets on planes to anyplace in the world.
- A chance to win luxury vehicles and other vehicles
Omaze is constantly offering new campaigns and enticing prizes. Check their website to see more prizes , including the prize details. Also, you can view previous prizes and winners. For previous contests you can also view the amount the charity has received.
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Who started Omaze?
Omaze was created in 2012 by Ryan Cummins and Matt Pohlson. The website says that they came up with the idea after they attended an auction for charity. The auction item was their ideal experience which included a basketball match and dinner in the company of Magic Johnson. However, the bidding went so high that they ended up being outbid. The prize was just $15,000.
The two couldn’t figure out why such a big prize only brought in a small amount for a great cause. They also believed that this fundraiser was only available to wealthy people only. They believed that amazing events like this should not be available only to a few wealthy individuals.
They decided to create an entirely new method of fundraising, which would be accessible to a substantial number of people.
This fundraiser would be made available online, so everyone could take part. It wouldn’t take much cash to participate, which would make it easier for more people to participate and raise more money in support of the organization.
They think that charities can feel more confident about marketing themselves through this platform because it’s an important cause. Their platform allows charities to communicate with a larger market in a way that is appealing to raise funds.
Is Omaze legitimate?
While the business has been the subject of some criticism, it appears that they’re actually legitimate. So far, they have raised over 100 million dollars for charity and have given out prizes to participants as promised. Numerous famous personalities have also endorsed and advocated for the platform.
Many winners have also spoken regarding the prize they have received. Some are also featured on Omaze’s Omaze channel. Omaze Youtube channel.
Omaze is also certified by The Better Business Bureau with an A+ rating. Omaze Investment
Since it’s a for-profit organization, Omaze takes around 20 percent of donations. If you wish to have all of your donations to be donated to a non-profit. In that situation, you may consider donating straight to the charity organization or charity instead. But the best thing of Omaze is the fact that it allows you to get to contribute while in the process, get the chance to get a great experience. This makes it appealing to a broader number of people. If you’re seeking unique experiences and experiences, then Omaze is an excellent chance.
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Cost and Price Plans
Omaze allows you to donate as low as $10. When the amount of donation increases, the number of entries increases and the amount equivalent to 1 entry decreases. For instance 150 dollars equals 2000 entries, which means 1 entry for every 7 cents donated. Omaze Investment
Here are the amounts for donations with the equivalent quantity of entries
- 10$ = 20 tickets
- $25 = $25 = 125 entries (most popular option according to the website)
- $500 = $50 entries
- 100$ = 1200 entry
- $150 = 2000 entries
According to Omaze the company, they take around 12%-20% of the net profits. These funds are used to pay for operational costs, such as advertising, content creation, and processing fees for payments. About 60%-80% of the money goes to charities.
For a more precise understanding This is how it differs between celebrity prizes and non-celebrity prizes. For prizes that are awarded to celebrities which are generally less expensive 60percent of donation goes to charity and 25 percent is given to Omaze. For higher-end prizes, like automobiles, vacations or cash, 15% of the donation is donated to charity, while 65%-75 percent is given to Omaze.
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Refund Policy
Omaze currently doesn’t offer refunds because the money is donated to charitable causes. If you do have any concerns regarding your transactions, you should contact Customer Service as soon as possible.
Customer Service Contact Info
If you have queries, issues or issues. In that case you can send them directly to their website through the Support Center and Submit a Request link. You can also find details and frequently asked questions on the Support Center.
Conclusion
Omaze is an online platform for fundraising that allows people to donate to charities with the possibility to win unique prizes and experience. It’s a legitimate organization that has been operating for several years now. It has helped numerous charities reach their goals by raising money for them. Its unique fundraising strategy gives everyone the chance to gain incredible experiences once in a lifetime.
Omaze is a different method to give to charities. It has however, been the subject of a lot of criticism for how much money actually goes to charity. It’s understandable, since Omaze is a business and is a non-profit company. If your intention is to just donate money to an organization and ensure 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 since you can win a prize while donating to a worthy cause.
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FAQS Omaze Investment
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Where is Omaze where is it based?
Omaze is headquartered in Los Angeles, California.
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Can my tax-deductible contribution be deducted?
All Omaze donations are made through Charities Aid FoundatAmerica ion (CAFA). Since CAFA is a US charity and all donations made by US donors through Omaze are tax-deductible. Omaze platform are tax-deductible in the amount the law allows. However, if your donation is accompanied by an experience perk then the value of the perk will be reduced. If you give $100 and get a perk worth $75, your tax-deductible contribution would be $25.
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Do you know of any Omaze scams?
Even though Omaze is being criticized by a lot of people on the internet as a fraud however, the company is completely legitimate. It can raise money for charities and also award participants according to the promises. To ensure your safety ensure that you donate your money through Omaze’s authentic Omaze web site. Double-check to see if the site is legitimate or not before donating your money.
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What are the odds of winning?
The more you contribute the greater your chance of winning because a larger donation equals a more significant amount of entries. But, you are able to enter without contributing, which qualifies you for a certain amount of entries.
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How do they confirm a winner?
After the contest is over, a potential winner is randomly drawn via an encrypted and secure random number generator. Following the random drawing process Omaze’s team finishes the confirmation of the winner. More details about the procedure through their official website.
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How can they get in touch with them? announce winners?
An Omaze representative informs the potential winner via email. The potential winner has 24 hours to reply to the initial email. The Omaze could follow up with a planned video conference as well. If a winner has confirmed and replied to the initial email, they will need to complete the form provided by an Events Team as part of the winner confirmation process.
Note Omaze does not reach out to winners via social media, only through email.
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How does Omaze earn money?
Omaze is a non-profit company. Omaze collects a 20% fee on net increases from their campaigns. To ensure they stay up and running this amount can be used to fund the operational expenses like advertising, content creation and processing fees for payments.
