Omaze can be described as an online marketplace on which users can donate to charitable causes and have the chance to be the winner of various prizes and experiences. It’s a unique approach to raising funds. Based on the information provided by the firm, the users have raised more than 150 million dollars and have supported over 350 charities. They have charities across the globe. They are the most reputable non-profit organizations like UNICEF, After-School All-Stars, Julia’s House, Product Red, as well as Make-A-Wish Foundation.
Donations are not required to enter a contest, but they do earn you extra contest entries and other perks. Users can decide what cause they’d like to contribute to. Each contest has its own special prize, ranging from luxury cars to once-in-a-lifetime experience.
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 of Omaze.
What is the process behind Omaze function?
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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 wealthy and famous could attend. Omaze wanted to democratize charity auctions through its unique fundraising method. This means everyday people can give to the charity of their choice starting at just $10.
There are two ways to enter. The first is through donating while the other option is taking part for free. You can enter any contest for free and you’ll earn extra entries depending on the amount you contribute. The more you donate is, the more prizes you’ll win.
To donate, simply select “Enter Now” from the Experience or Prize page on the website. Then choose a donation amount and follow the instructions to provide your information. You are able to make donations as often as you’d like. However, there is an upper limit on entries that varies depending on the prize.
To be eligible for a free entry 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 the form. After submitting the form you will receive a particular number of entries. You may submit the form as many times as you’d like, however, there is a maximum entry limit.
Omaze has faced criticism regarding what percentage of money is actually going to charity. For expensive prizes, only about 10-15 percent of the money is donated to the charity. The company has responded to say that 10% is an amount that is significant. The remainder of the money will be used to pay operational and marketing costs to keep them running. The most important thing is that people are encouraged to give because of attractive prizes.
For less expensive prizes, the company reports that 60% of the money is given to charities.
Donations made through the site go directly to Charities Aid Foundation America (CAF America). It’s a nonprofit organization that has partnered with Omaze in making fundraising easy secure, efficient, and safe. CAFA uses donations to fund grants for charitable organizations.
Omaze Prizes
Omaze offers a variety of incredible prizesthat they refer to as experiences. These prizes include luxurious cars and dream homes, the opportunity to get to know your favorite celeb, or a once-in-a-lifetime travel experience.
Here are some examples of past and present prizes provided by Omaze:
- The chance to take home a multimillion-dollar Miami dream house
- A trip to Japan curated just for you
- A memorable safari experience and stay at Giraffe Manor in Kenya
- A chance to be the first to win two seats on one of the very first Virgin Galactic flights to space
- An exclusive meet and greet with 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 automobiles and other vehicles
Omaze offers constantly new promotions and attractive prizes. Visit their website to view additional prizes and details. You can also see previous prizes and winners. For previous contests, you can also see the amount the charity received.
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Who started Omaze?
Omaze was created on the 12th of December 2012, through Ryan Cummins and Matt Pohlson. As per the site, they got the idea after attending an auction benefitting charity. The item up for bidding was their ideal trip: a basketball game and dinner in the company of Magic Johnson. But, the bidding was so high that they were outbid. The prize raised only $15,000.
The two couldn’t figure out the reason why a prize of this magnitude only brought in a small amount for a good cause. They also felt that this fundraising model was limited to wealthy people only. They thought that incredible experiences such as this shouldn’t be accessible only to a small number of wealthy individuals.
So they decided to develop an innovative method of fundraising that would be available to a large number of people.
This fundraiser would be made available on the internet, which means that everyone can take part. It wouldn’t take a lot of money to enter this event, which could encourage more participants and help raise more funds to support the cause.
They also believe that charitable organizations can feel more confident about marketing themselves through the platform, since it’s an excellent cause. The platform lets charities communicate with a larger public in a more appealing way to raise funds.
Is Omaze real?
Although the company has received some criticism, they appear that they’re actually legitimate. They have collected more than $100 million for charity and have awarded the prizes to the participants in accordance with their promises. Numerous famous personalities have also endorsed and advocated to the program.
Many winners have also spoken about the prizes they received. They are also featured on Omaze’s official Omaze Youtube channel.
Omaze is also certified with The Better Business Bureau with an A+ rating. Omaze Magic Johnson
As a non-profit corporation, Omaze takes around 20 percent of donations. Suppose you want all your contributions to be donated to a non-profit. In this case, you might think about donating direct to the nonprofit organization or charity instead. However, the fun part about Omaze is that you have the chance to contribute while in the process, get the chance to receive a wonderful experience. This makes it very appealing to a wider range of people. If you’re looking for unique experiences and experiences, then Omaze is a great opportunity.
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Cost and Price Plans
Omaze lets you donate for just $10. As the donation amount increases, the number of entries also increases, and the value of one entry decreases. For example $150 is equal to 2000 entries, which means 1 entry per 7 cents given. Omaze Magic Johnson
Here are the donation amounts in the same amount, with the equivalent number of entries:
- $10 = 20 entries
- $25 = 250 entries (most sought-after option according to the website)
- $50 = 500 entries
- 100$ = 1200 entry
- $150 = 2000 entries
According to Omaze their business, it takes about 12%- 20% of net earnings. This is used to fund expenses for operations, like marketing, content creation, and processing fees. A majority of the funds go to charity.
To make it more specific This is how it differs between non-celebrity prizes and celebrity prizes. For the prizes of celebrities, which are typically cheaper 60% of the money is given to charities, while 25% goes to Omaze. For prizes that are more costly, such as vacations, cars or cash, fifteen percent of amount is donated to charity, while 65%-75% goes to Omaze.
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Refund Policy
Omaze is currently unable to offer refunds since the donations are for charitable causes. However, if you encounter any questions with your transaction You should get in touch with Customer Service as soon as possible.
Customer Service Contact Info
Suppose you have any questions, concerns or issues. If so you can send your concerns directly to their website through using the Support Center and Submit a Request link. You can also access information and find frequently asked questions at 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 unique prizes as well as experiences. It’s a legitimate company which has been in operation for a number of years. It has helped various charities achieve their goals by making donations for them. Its unique fundraising model lets everyone have the opportunity to enjoy unforgettable experiences that will last a lifetime.
Omaze is a different method to donate to charities. However, it has been the subject of a lot of critiques regarding how much actually is donated to charities. It’s understandable, since Omaze is a company and is a non-profit company. If your goal is to just donate money to an organization and ensure that 100% goes to them, then you can donate straight to your charity. However, if you’re looking to win one of Omaze’s fabulous prizes, then donate through Omaze instead. It’s a win-win 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 Magic Johnson
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Where is Omaze located?
Omaze is headquartered in Los Angeles, California.
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Is my contribution tax-deductible?
All Omaze donations are made through Charities Aid FoundatAmerica ion (CAFA). Because CAFA is an US charity that accepts donations from US donors via Omaze are tax-deductible. Omaze platform are tax-deductible in the amount the law permits. However, if your donation is made in conjunction with an experience reward then the value of the perk will be subtracted. If you give $100 and receive an experience perk of 75 dollars, the tax-deductible contribution is $25.
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Is there any Omaze frauds?
While Omaze is being criticized by many people online as a fraud however, the company is completely authentic. It can raise money to benefit the organizations involved and also award participants according to the promises. To ensure your security ensure that you give your money to Omaze’s Omaze official Omaze website only. Double-check to see if 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 give, the higher your chances of winning, as a greater donation equals a greater amount of entries. You can however enter without contributing, which qualifies you for a specific number of entries.
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What is the process to confirm a winner?
After the contest is over, a potential winner is randomly chosen using an encrypted and secure random number generator. Following the random drawing process Omaze’s team finishes the process of confirming winners. You may view more information about the process through their official website.
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How do they reach them and announce winners?
An Omaze representative notifies potential winners via email. The potential winner has 24 hours to reply to the email sent. The Omaze may contact them with an scheduled video call as well. Once a potential winner has been confirmed and responded to their initial emails, they must complete the form provided through the Events Team as part of the process of confirming the winner.
Note that Omaze will never contact the winners through social media, only through email.
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How does Omaze earn money?
As a for-profit organization, Omaze collects a 20% fee on net raises generated by their campaigns. To ensure they stay operating the fee is used to cover operational costs, such as advertising, content creation and payment processing fees.
