Omaze offers an online service that allows users can make donations to charities and have the chance to be the winner of various prizes and experiences. It’s a unique crowdfunding method for raising funds. As per the website, users have raised over 150 million dollars and supported more than 350 charities. 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 along with Make-A-Wish Foundation.
Donations aren’t required to participate in a contest, however, they can earn additional contest entries, as well as other benefits. Users are able to choose the charity they would like to donate to. Each contest has its own special prize, ranging from luxury automobiles to unique experiences.
Before you go on, you may want to watch this video by The Entrepreneur on YouTube that gives a quick review. After, you’ll want to read the rest of the article for a more comprehensive review.
What is the process behind Omaze function?
Omaze M2
Omaze believes that everyone deserves the opportunity to be a part of fundraising. Traditionally, charities depended on fundraising events where only the famous and wealthy attended. Omaze set out to open up auctions for charity through its unique fundraising model. It allows everyday citizens to make a donation to the charity they choose for as low as $10.
You have two options to enter. You can donate, while the other option is entering for no cost. You can enter any contest for free, but you earn additional entries depending on the amount you contribute. The more you donate will result in more prize entries you’ll get.
To donate, go to “Enter Now” from the Experience or Prize page on the website. Choose a amount to donate and follow the instructions to provide your information. You are able to make donations as often as you want. But, there is a maximum Entry limit which varies based what prize you win.
For a chance to win for free To enter for free, visit the Experience or Prize page on the website. Select the “enter without contributing link” and follow the directions. You’ll be required to complete the form. Upon submitting the form, you will be awarded a certain amount of entries. You may submit the form at any time you’d like, however, you will be subject to a certain Entry limit.
Omaze has received some criticism about its contribution to charity. money goes to the charity. For expensive prizes, only around 10-15 percent of the donation goes to the charity. The company has stated to say that 10% is a significant amount. The remainder of the money will be used to pay the costs of marketing and operations to ensure that they are running. The most important thing is that people are encouraged to give because of attractive prizes.
For prizes that are less costly, the company reports that 60 percent of the prize goes to charity.
Donations made on the site directly go into Charities Aid Foundation America (CAF America). It’s a public charity which has partnered with Omaze to make fundraising simple, safe, and effective. CAFA utilizes donations to help fund grants for charitable organizations.
Omaze Prizes
Omaze offers a wide range of incredible prizesthat they refer to as experiences. The prizes include luxurious vehicles, dream homes, a possibility to see your favorite celeb and a once-in-a lifetime travel experience.
Here are a few examples of past and current prizes that are offered by Omaze:
- The chance to be the owner of an enviable multimillion dollar Miami dream house
- A trip to Japan curated just for you
- An unforgettable safari with a luxurious stay in Giraffe Manor in Kenya
- A chance 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 trip to a wellness resort in Thailand
- First class plane tickets to any destination in the world
- The chance to win luxurious cars and a variety of other vehicles
Omaze offers constantly new promotions and attractive prizes. Check their website to view more prizes with the information. You can also see previous prizes as well as the 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 created at the end of 2012 by Ryan Cummins and Matt Pohlson. As per the site, they had the idea after they attended a charity auction. The item that was up for auction was their ideal experience: a basketball game and dining in the company of Magic Johnson. The bidding was so high that they ended up being outbid. The prize was just $15,000.
The two didn’t understand why such a huge prize only raised a small amount to support a worthy cause. They also believed that this method of fundraising was restricted to wealthy people only. They felt that extraordinary experiences like this should not be accessible only to a few wealthy individuals.
They decided to create an innovative method of fundraising that could be accessible to a substantial variety of people.
This fundraiser would be made available online, so everyone could take part. Participants wouldn’t require much money to enter and make it easier for more people to participate and to raise money to support the cause.
They think that charities ought to feel more comfortable marketing themselves through the platform, since it’s a great cause. Their platform allows charities to reach out to a broader public in a more appealing way to raise money.
Is Omaze legitimate?
While the company has faced some criticism, it seems that they are indeed legitimate. As of now, they’ve collected more than $100 million for charity and have awarded the prizes promised to participants. Many famous celebrities have also supported and advocated on behalf of the organization.
A number of winners have also talked about the prizes they won. They are also featured on their Omaze channel. Omaze Youtube channel.
Omaze is also certified as a member of The Better Business Bureau with an A+ rating. Omaze M2
As a non-profit corporation, Omaze takes around 20 percent of donations. Suppose you want all your contributions to go to the non-profit. In this scenario, you could consider donating directly to the non-profit organization or charity instead. However, the fun part of Omaze can be that you are able to contribute while in the process, get the chance to be awarded a fantastic experience. This makes it appealing to a larger 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 just $10. When the amount of donation increases, the percentage of entries will also increase, and the equivalent for 1 entry decreases. For example $150 is equal to 2000 entries, which is 1 entry per 7 cents given. Omaze M2
Here are the donation amounts that are equivalent to the quantity of entries
- $20 = 20 entry
- $25 = $25 = 125 entries (most well-liked option, according to the site)
- $500 = $50 entries
- 100$ = 1200 entry
- 150 = 2000 entry
According to Omaze, their company takes about 12%- 20% of net profits. The money is used to fund operating expenses, including advertising, content creation, and processing fees. Around 60%-70% of funds are donated to charities.
For a more precise understanding, here’s how it differs between celebrity prizes and non-celebrity prizes. For prizes that are awarded to celebrities which are generally less expensive 60% of the donation goes to charity and 25 percent goes to Omaze. For higher-end prizes, like vacations, cars or cash 15% of the money goes to charity and 65% to 75% goes to Omaze.
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Refund Policy
Omaze currently does not offer refunds because the donations are for charitable causes. However, if you have any concerns about your transactions You should get in touch with Customer Service as soon as possible.
Customer Service Contact Info
Suppose you have any doubts, questions or issues. In that case you can submit your concerns directly to their website via using the Support Center and Submit a Request link. You can also access details and frequently asked questions in the Support Center.
Conclusion
Omaze is an online platform for fundraising which allows users to make donations to charities in exchange for the chance to win exclusive prizes and experience. Omaze is a legitimate business which has been in operation for a number of years. It has helped numerous charities achieve their goals by making donations for them. Its unique fundraising strategy gives everyone the chance to gain incredible experiences once in a lifetime.
Omaze is a new method to give to charity. However, it’s been the subject of a lot of critiques regarding how much actually is donated to charities. However, it’s understandable since Omaze is a company, so it’s a for-profit organisation. If you’re looking to 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 fabulous prizes, then donate through Omaze instead. It’s a win-win situation since you get the chance to be the winner of a prize and also donate to a great cause.
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FAQS Omaze M2
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Where is Omaze based?
Omaze is headquartered at 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). Because CAFA is a US charity, all donations made by US donors through the Omaze platform are tax-deductible in the amount the law permits. If, however, your donation is made in conjunction with an experience perk then the value of the experience perk will be deducted. If you give $100 and receive an experience worth $75, then your tax-deductible donation would be $25.
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Is there any Omaze scams?
Although Omaze is being attacked by a lot of people on the internet as a scam, the company is totally authentic. They are able to raise funds to benefit the organizations involved and reward participants in accordance with their promises. To protect yourself be sure to make your donation through the Omaze official Omaze web site. Check to make sure the website is fake or not prior to 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. You can however participate without contributing money to qualify for a specific amount of entries.
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How can they verify the winner?
Once the contest has closed after the contest has ended, a winner could be randomly drawn via an encryption-secure cryptographically secured randomly generated number generator. Following the random drawing process Omaze’s team finishes the confirmation of the winner. More information about the process on their website.
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How do they contact and announce winners?
An Omaze representative will notify potential winners via email. The potential winner has up to 24 hours to reply to the email sent. The Omaze can contact them with an scheduled video call as well. After a winner is responded to and confirmed the initial email, they will need to accept the paperwork provided to them through the Events Team as part of the winner confirmation process.
Do note that Omaze will never contact winners via social media. Instead, it will contact them by email.
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How does Omaze earn its money?
As a not-for-profit entity, Omaze is able to collect a 20% fee on net increases from their campaigns. To ensure that they are functioning, this fee is used to cover operational costs, such as advertising, content creation, and payment processing fees.
