Omaze/Kfyi

omaze-review

Omaze offers an online service on which users can give to charities and get a chance to get various prizes and experience. It’s a unique approach to fundraising. Based on the information provided by the firm, the users have raised over 150 million dollars, and have benefited more than 350 charitable organizations. These charities are located across the globe. These charities are major credited non-profit organisations like UNICEF, After-School All-Stars, Julia’s House, Product Red along with Make-A-Wish Foundation.

Donations are not required to enter a contest, but they earn extra contest entries, as well as other benefits. The contestants can choose which charity they would like to donate to. Every contest comes with its own unique prize, from luxurious cars to unforgettable experience.

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Before you go on, you may want to watch 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 of Omaze.

How does Omaze work?

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Omaze believes that everyone should have the chance to be a part of fundraising. Traditionally, charitable organizations usually relied on fundraising events that only the famous and wealthy could attend. Omaze set out to open up auctions for charities with its unique fundraising model. This means everyday people can give to the charity they choose for as little as $10.

There are two ways you can enter. You can donate, while the other option is taking part for no cost. You are able to participate in any contest without donating and you’ll earn extra entries based on how much you give. The greater your donation is, the more prize entries you’ll receive.

To donate, click “Enter Now” from the Experience or Prize page on the website. Choose a amount to donate and follow the directions to fill in your details. You are able to give as many times as you’d like. But, there is a maximum Entry limit which varies based what prize you win.

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 an online form. When you submit the form, you will be awarded a certain amount of entries. The form can be submitted multiple times as you like, but again, you will be subject to a certain entry limit.

Omaze has received some criticism regarding what percentage of donation goes toward the actual charity. In the case of expensive prizes, about 10-15 percent of the donation goes to the charity. The company has responded with the statement that 10% an amount that is significant. The remainder of the money is used to cover operational and marketing costs to continue to run the business. What matters is that people are encouraged to give because of attractive prizes.

For prizes with lower costs, the company reports that 60% of the money is given to charities.

Donations made on the site go directly towards Charities Aid Foundation America (CAF America). It’s a public charity which has partnered with Omaze in making fundraising easy as well as safe and efficient. CAFA utilizes donations to help fund grants for charitable organisations.

Omaze Prizes

Omaze provides a range of amazing prizes, which they refer to as experiences. The prizes include luxury cars, dream homes, a possibility to see your favorite celebrity or have a unique trip.

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

  • The chance to win the multimillion-dollar Miami dream home
  • A vacation in Japan specifically designed for you
  • An unforgettable safari as well as a stay at Giraffe Manor in Kenya
  • An opportunity to get two seats on one of the very first Virgin Galactic flights to space
  • An exclusive meet and meet and greet for Dwayne “The Rock” Johnson
  • A luxury trip to a spa resort in Thailand
  • First class plane tickets to any destination in the world.
  • A chance to win luxury vehicles and other vehicles

Omaze is constantly offering new promotions and attractive prizes. Check their website to view additional prizes and details. It also provides previous prizes as well as the winners. For contests that have been held previously you will also be able to see the amount that the charity has received.

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Who started Omaze?

Omaze was founded on the 12th of December 2012, in 2012 by Ryan Cummins and Matt Pohlson. According to the website, they came up with the idea when they went to a charity auction. The item up for bidding was their ideal experience including a basketball game as well as meal with Magic Johnson. However, the bidding went so high that they ended up being outbid. The prize was only $15,000.

The two didn’t understand the reason why a prize of this magnitude only raised a small amount for a great cause. They also thought that the method of fundraising was restricted to wealthy people only. They felt that extraordinary events like this should not be restricted to a few wealthy individuals.

Then they came up with a new kind of fundraising, which would be available to a large amount of people.

This fundraising would be available on the internet, which means that everyone can take part. People wouldn’t need an enormous amount of money to enter, which would encourage more participants and help to raise money in support of the organization.

They also believe that charitable organizations ought to feel more comfortable advertising on this platform since it’s for a great cause. The platform lets charities reach out to a broader public in a more appealing way to raise funds.

Is Omaze real?

Although the company has received some criticism, it seems that they’re legitimate. So far, they have raised over 100 million dollars for charity and have distributed the prizes promised to participants. Many famous celebrities have also supported and advocated to the program.

Many winners have also spoken regarding the prize they won. They are also featured on Omaze’s Omaze channel. Omaze Youtube channel.

Omaze is also accredited with The Better Business Bureau with an A+ rating. Omaze/Kfyi

Because it’s a not-for-profit company, Omaze takes around 20% of the donations. Suppose you want all your contributions to go to the non-profit. In this scenario, you could decide to donate straight to the charity organization or charity instead. However, the fun part with Omaze can be that you are able to do something positive while at the same time you can receive a wonderful experience. This makes it a great attraction to a broader number of people. If you’re seeking unique experiences and 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. If the amount you donate increases, the proportion of entries will also increase, and the value of one entry decreases. For example, a $150 donation equals 2000 entries, which means 1 entry for every 7 cents given. Omaze/Kfyi

Here are the donations amounts in the same amount, with the equivalent number of entries:

  • $20 = 20 entry
  • $25 = 125 entries (most well-liked option, according to the website)
  • $500 = $50 entries
  • 100$ = 1200 entry
  • $150 = 2000 entries

According to Omaze, their company takes around 12%-20% of the net profits. The money is used to pay for operational costs, such as marketing, content creation, and payment processing fees. Around 60%-70% of funds are donated to charities.

To make it more specific This is how it differs between celebrity prizes and non-celebrity prizes. For celebrity prizes which are generally more affordable, 60% of the money is given to charities, while 25 percent goes to Omaze. For more expensive prizes like cars, vacations, or cash 15% of the amount goes to charity while 65%-75 percent goes to Omaze.

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Refund Policy

Omaze currently doesn’t offer refunds because the donations are for charitable causes. However, if you encounter any questions about your transactions, you should contact Customer Service as soon as possible.

Customer Service Contact Info

Suppose you have any questions, concerns or issues. In that case, you may submit your concerns directly to their website via their Support Center and Submit a Request link. There is also a wealth of information and answers to frequently asked questions on the Support Center.

Conclusion

Omaze can be described as an internet-based fundraising platform that lets people donate to charitable organizations with the possibility to win prizes that are unique as well as experiences. It’s a legitimate company which has been in operation for several years now. It has helped various charities to achieve their goals through raising funds for them. Its unique fundraising strategy gives everyone the opportunity to enjoy incredible experiences once in a lifetime.

Omaze is a new method to make a donation to charity. However, it has received critiques regarding how much actually is donated to charities. It’s understandable, since Omaze is a business, so it’s a for-profit organisation. If you’re looking to donate money to an organization and ensure that the entire amount goes to them, then donate directly to the charity instead. However, if you’re looking to win one of Omaze’s fabulous prizes make sure to donate via Omaze instead. It’s a win-win situation since you have the chance to win a prize while donating to a worthy cause.

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FAQS Omaze/Kfyi

  • Where is Omaze where is it based?

Omaze is located at Los Angeles, California.

  • Does my contribution count as tax-deductible?

All Omaze donations are made through Charities Aid FoundatAmerica ion (CAFA). Since CAFA is an US charity and all donations made by US donors using the Omaze platform are tax-deductible in the amount the law permits. However, if your donation is accompanied by an experience perk, the value of the experience perk will be deducted. So if you donate $100 and get a perk worth 75 dollars, the tax-deductible contribution is $25.

  • Is there any Omaze frauds?

While Omaze is being attacked by many people online as a fraud however, the company is completely legitimate. It can raise money for the charities involved and award participants as promised. To protect yourself be sure to make your donation through the authentic Omaze site only. Verify if the website is genuine or not prior to making a donation of your money.

  • What are the chances of winning?

The more you contribute, the higher your chances of winning since a higher donation equals a larger amount of entries. You can however take part without contributing to qualify for a specific number of entries.

  • How can they verify a winner?

Once the contest has closed, a potential winner is randomly drawn via a cryptographically secure random-number generator. After the random draw process, the Omaze team completes the process of confirming winners. More information about the procedure at their site.

  • How do they reach them and announce winners?

An Omaze representative informs the potential winner via email. The potential winner has up to 24 hours to respond to the initial email. The Omaze could respond with a planned video conference, too. If a winner has been confirmed and responded to the initial email, they must sign paperwork sent to them by The Events Team as part of the winner confirmation process.

Do note that Omaze will never contact the winners through social media. Instead, it will contact them by email.

  • How does Omaze make money?

As a not-for-profit entity, Omaze receives 20% of net raises from their campaigns. To ensure they stay operating the fee is used to cover the operational expenses like advertisements, content creation, and payment processing fees.

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