Omaze can be described as an online marketplace on which users can give to charities and also win various prizes and experiences. It’s a unique crowdfunding approach to fundraising. As per the website, its users have raised over 150 million dollars and supported over 350 charities. The charities are spread 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 aren’t required to participate in a contest, but they earn extra contest entries as well as other perks. The contestants can choose which charity they want to donate to. Every contest comes with its special prize, ranging from luxury automobiles to unique experiences.
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 our article for a more comprehensive review.
What is the process behind Omaze function?
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Omaze believes that every person deserves the opportunity to be a part of fundraising. Traditionally, charitable organizations usually relied on fundraising events that only the famous and wealthy attended. Omaze wanted to democratize auctions for charity through its unique fundraising method. This means that everyday people can give to the charity they choose for as low as $10.
You have two options to participate. The first is through donating while the other option is taking part for no cost. You are able to participate in any contest with no donation and you’ll earn extra entries depending on the amount you give. The greater your donation, the more prize entries you’ll get.
To donate, simply go to “Enter Now” from the Experience or Prize page on the website. Select a donation amount and follow the steps to provide your information. You can make donations as often as you want. But, there is an entry limit for each person which varies based upon the amount of prize.
To enter for free, go to the Experience or Prize page on the website. Select the “enter without contributing link” and follow the steps. You’ll be required to complete the form. When you submit the form, you will be awarded a certain number of entries. The form can be submitted multiple times as you like, but again the form has a limit on entries. entry limit.
Omaze has been criticized over its contribution to charity. donation is actually going to charity. In the case of expensive prizes, around 10-15 percent of the proceeds go to charity. The company has responded to say that 10% is still an amount that is significant. The remaining donation is used to cover operational and marketing costs to ensure that they are running. What matters is that people are encouraged to contribute due to the attractive prizes.
For prizes with lower costs, the company reports that 60 percent of the prize goes to charity.
Donations made on the site are directly donated to Charities Aid Foundation America (CAF America). It’s a non-profit organization which has joined forces with Omaze to make fundraising simple as well as safe and efficient. CAFA uses donations to fund grants for charitable organizations.
Omaze Prizes
Omaze provides a range of incredible prizes, which they refer to as experiences. The prizes include luxury cars as well as dream homes, the chance to meet your favourite celebrity and a once-in-a lifetime journey.
Here are a few examples of the previous and present prizes offered by Omaze:
- Chance to be the owner of the multimillion-dollar Miami dream house
- A trip to Japan curated just for you
- A memorable safari experience as well as a stay at Giraffe Manor in Kenya
- A chance to get 2 seats for one of the very first Virgin Galactic flights to space
- A private meet and greet for Dwayne “The Rock” Johnson
- A luxurious trip to a wellness retreat in Thailand
- First class tickets on planes to anyplace in the world.
- A chance to win luxury vehicles and other vehicles
Omaze offers constantly new campaigns and enticing prizes. Check their website to see more prizes , including the prize information. You can also see previous prizes and the winners. For contests that have been held previously, you can also see the amount the charity received.
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Who was the person who started Omaze?
Omaze was founded in 2012 through Ryan Cummins and Matt Pohlson. According to the website, they got the idea after they attended an auction for charity. The auction item was their ideal trip: a basketball game and dinner with Magic Johnson. However, the bidding went so high that they ended up being outbid. The prize ended up raising just $15,000.
The two couldn’t figure out why such a huge prize only brought in a small amount to support a worthy cause. They also thought that the fundraiser was only available to rich people only. They believed that amazing events like this should not be available only to a select group of wealthy individuals.
They decided to create an entirely new method of fundraising that would be available to a substantial number of people.
This fundraising would be available online, so everyone could take part. People wouldn’t need an enormous amount of money to enter and encourage more participants and help raise more funds to support the cause.
They believe that charitable organizations ought to feel more comfortable advertising themselves on this platform because it’s a great cause. The platform lets charities connect with a wider audience in an attractive way to raise money.
Is Omaze real?
Although the company has received some criticism, they appear that they’re legitimate. As of now, they’ve raised over $100 million for charity , and have awarded the prizes to participants as promised. A lot of big-name celebrities have also been a part of the campaign and lobbied for the platform.
Many winners have also spoken of the awards they received. They are also featured on their official Omaze Youtube channel.
Omaze is also certified with the Better Business Bureau with an A+ rating. Omaze Lily James
Because it’s a not-for-profit company, Omaze takes around 20 percent of donations. Suppose you want 100% of your donations going to a non-profit. In that scenario, you could consider donating direct to the nonprofit organization or charity instead. The best part of Omaze can be that you are able to do something positive while at the same time, get the chance to be awarded a fantastic experience. This makes it very appealing to a wider range of people. If you’re interested in once-in-a-lifetime experiences Then Omaze is an excellent opportunity.
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Cost and Price Plans
Omaze allows you to donate starting at just $10. When the amount of donation increases, the proportion of entries will also increase, and the value of one entry decreases. For instance 150 dollars equals 2000 entries, which is one entry for every seven cents that are donated. Omaze Lily James
Here are the donation amounts in the same amount, with the equivalent number of entries:
- $20 = 20 entry
- $25 = 250 entries (most sought-after option according to the site)
- $50 = 500 entries
- $1200 = $100
- $150 = 2000 entries
According to Omaze their business, it takes approximately 12% to 20% of net profits. This is used to pay for operating expenses, including advertising, content creation and processing fees for payments. Around 60%-70% of funds are donated to charities.
To be more precise This is how it differs between non-celebrity prizes and celebrity prizes. For the prizes of celebrities which are generally less expensive, sixty percent of donation is given to charities, while 25 percent is given to Omaze. For more expensive prizes like automobiles, vacations, or cash 15% of the amount is donated to charity, while 65%-75 percent is given to Omaze.
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Refund Policy
Omaze is currently unable to offer refunds since donations are made to charitable causes. If you do have any issues with your transaction You should get in touch with Customer Service as soon as possible.
Customer Service Contact Info
If you have queries, issues, or complaints. In this case you can send them directly to their website through using the Support Center and Submit a Request link. You can also access information and answers to frequently asked questions on the Support Center.
Conclusion
Omaze is an online fundraising platform that lets people donate to charitable organizations with the possibility to win exclusive prizes and experience. It’s a legitimate organization which has been in operation for several years now. It has assisted numerous charities achieve their goals by raising funds for them. Its unique fundraising strategy gives everyone the chance to gain unforgettable experiences that will last a lifetime.
Omaze is a new method to donate to charity. It has however, been the subject of a lot of criticism over how much of the money actually is donated to charities. However, it’s understandable since Omaze is a company which is a profit-making organization. If you’re looking to just donate money to an organization and ensure that all proceeds go to them, then you can donate straight to your charity. If you’re interested in one of Omaze’s amazing prizes make sure to donate via Omaze instead. You get the chance to win a prize while donating to a worthy cause.
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FAQS Omaze Lily James
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Where is Omaze located?
Omaze is based at Los Angeles, California.
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Is my contribution tax-deductible?
All Omaze donations go through Charities Aid FoundatAmerica ion (CAFA). Because CAFA is an US charity and all donations made by US donors through the Omaze platform can be tax-deductible as long as the law permits. If, however, your donation is accompanied by an experience reward then the value of the experience perk will be deducted. So if you donate $100 and earn a perk worth $75, your tax-deductible contribution will be $25.
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Are there any Omaze frauds?
Although Omaze is being attacked by many people online as a fraud, the company is totally legit. It can raise money to benefit the organizations involved and also award participants according to the promises. To protect yourself ensure that you give your money to the Omaze official Omaze web site. Verify if the website is fake or not before donating your money.
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What are the odds of winning?
The more you give, the higher your chances of winning, as a greater donation equals a greater number of entries. However, you can still participate without contributing money and still be eligible for a certain number of entries.
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How do they confirm the winner?
Once the contest has closed, a potential winner is randomly drawn via an encryption-secure cryptographically secured randomly generated number generator. After the random draw process Omaze’s team finishes the winner confirmation process. More information about the procedure at their site.
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How do they contact and announce winners?
An Omaze representative informs the potential winner via email. The potential winner has 24 hours to respond to the initial email. The Omaze may follow up with a planned video conference, too. Once a potential winner has responded to and confirmed an initial message, they will need to complete the form provided through The Events Team as part of the confirmation process for winners.
Do note that Omaze will never contact the winners through social media. It will only contact them via email.
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How does Omaze earn money?
As a not-for-profit entity, Omaze receives 20% of net raises generated by their campaigns. To ensure they stay up and running this amount is used to cover operating expenses, including advertising, content creation and payment processing fees.
