Omaze offers an online service that allows users can make donations to charities and also get various prizes and experience. It’s a unique crowdfunding method of raising funds. As per the website, its users have raised more than 150 million dollars, and have benefited more than 350 charitable organizations. These charities are located all over the world. These charities are renowned 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 participate in a contest, however, they can earn additional contest entries and other perks. The contestants can choose which charity they want to donate to. Each contest has its own distinct prize, from luxury automobiles to unique experiences.
Before you go on, you may want to check out 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.
What is the process behind Omaze work?
Omaze Means What
Omaze believes that everyone deserves the opportunity to participate in fundraisers. Traditionally, charitable organizations usually relied on fundraising events that only the wealthy and famous could attend. Omaze was founded to make charity auctions through its unique fundraising model. This means everyday people can give to the charity of their choice starting at just $10.
Two ways to enter. The first is through donating and the other is by taking part for free. You can enter any contest for free however you will earn extra entries based on how much you contribute. The more you donate is, the more prize entries you’ll receive.
To make a donation, select “Enter Now” from the Experience or Prize page on the website. Select a donation amount and follow the steps to fill in your details. You can make donations as often as you want. However, there is a maximum Entry limit which varies based on the prize.
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 instructions. You’ll need to fill out an online form. After submitting the form you will be awarded a certain amount of entries. You can submit the form at any time you like, but again there is a maximum Entry limit.
Omaze has faced criticism regarding what percentage of donation goes toward the actual charity. In the case of expensive prizes, about 10-15 percent of the money is donated to the charity. The company has responded with the statement that 10% still an impressive amount. The remainder of the money is used to cover the costs of marketing and operations to ensure that they are running. It is important that people are motivated to give because of attractive prizes.
For prizes with lower costs The company says that 60 percent of the donation is given to charities.
Donations made on the site are directly donated towards Charities Aid Foundation America (CAF America). It’s a nonprofit organization that has partnered with Omaze to make fundraising simple, safe, and effective. CAFA makes use of donations to pay grants to charitable organizations.
Omaze Prizes
Omaze offers a variety of amazing prizes, which they refer to as Experiences. The prizes include luxury cars as well as dream homes, a chance to meet your favorite celebrity or have a unique journey.
Here are a few examples of past and current prizes that are offered by Omaze:
- The chance to win a multimillion-dollar Miami dream home
- A vacation in Japan specially designed for you
- An unforgettable safari as well as a stay at Giraffe Manor in Kenya
- An opportunity to win two seats on one of the very first Virgin Galactic flights to space
- Private meet and meet and greet for Dwayne “The Rock” Johnson
- A luxurious vacation to a wellness resort in Thailand
- First-class plane tickets to anywhere in the world.
- A chance to win luxury cars and a variety of other vehicles
Omaze has a constant stream of exciting new campaigns and prizes. Check their website to see more prizes with the information. Also, you can view previous prizes and the winners. For contests that have been held previously you will also be able to see the amount that the charity received.
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Who came up with Omaze?
Omaze was launched 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 auction item was their ideal experience: a basketball game and meal in the company of Magic Johnson. However, the bidding went to the point that they were outbid. The prize was only $15,000.
They couldn’t comprehend why such a big prize only raised a tiny amount to support a worthy cause. They also thought that the method of fundraising was restricted to those who are wealthy. They believed that amazing experiences like this should not be restricted to a select group of wealthy individuals.
Then they came up with an entirely new method of fundraising, which would be accessible to a significant number of people.
This fundraiser would be made available online, so everyone could take part. It wouldn’t take much money to enter this event, which could increase participation and raise more money in support of the organization.
They also think that charities ought to feel more comfortable advertising themselves on this platform because it’s an excellent cause. Their platform allows charities to connect with a wider market in a way that is appealing to raise more funds.
Is Omaze legitimate?
While the business has been the subject of some criticism, it appears that they’re legitimate. They have raised 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 for the platform.
A number of winners have also talked of the awards they received. They also have a video on their Official Omaze Youtube channel.
Omaze is also certified by Omaze is also accredited by Better Business Bureau with an A+ rating. Omaze Means What
Since it’s a for-profit organization, Omaze takes around 20 percent of donations. Suppose you want all your contributions to go to the non-profit. In that scenario, you could decide to donate directly to the non-profit or charity instead. However, the fun part with Omaze is the fact that it allows you to are able to do something positive while at the same time getting to receive a wonderful experience. This makes it a great attraction to a larger number of people. If you’re interested in once-in-a-lifetime experiences, then Omaze is a fantastic chance.
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Cost and Price Plans
Omaze lets you make donations for as low as $10. As the donation amount increases, the proportion of entries will also increase, and the equivalent for 1 entry decreases. For instance, a $150 donation equals 2000 entries, which is 1 entry for every 7 cents given. Omaze Means What
Here are the donation amounts that are equivalent to the amount of entry entries
- $10 = 20 entries
- $25 = $25 = 125 entries (most popular option according to the website)
- $500 = $50 entries
- $1200 = $100
- 150 = 2000 entry
According to Omaze their business, it takes about 12%- 20% of net profits. The money is used to pay for expenses for operations, like advertising, content creation and processing fees for payments. About 60%-80% of the funds go to charity.
To make it more specific, here’s how it differs between non-celebrity prizes and celebrity prizes. For celebrity prizes that are usually cheaper 60% of the prize goes to the charity and 25% goes to Omaze. For prizes that are more costly, such as automobiles, vacations or cash, 15percent of donation 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. 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 that case you can submit your concerns directly to their website via using the 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 allows people to donate to charities with the possibility to win prizes that are unique as well as experiences. Omaze is a legitimate business that has been running for many years. It has assisted numerous charities reach their goals by raising money for them. The unique fundraising method gives everyone the opportunity to experience incredible experiences once in a lifetime.
Omaze is a different method to donate to charities. It has however, received a lot of criticism for how much money actually is donated to charities. It’s understandable, since Omaze is a business which is a profit-making company. If you’re looking to just donate money to a charity and make sure 100% goes to them, then donate directly to the charity instead. However, if you’re looking to win one of Omaze’s amazing prizes you can donate to Omaze instead. It’s a win-win situation since you can win a prize while donating to a great cause.
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FAQS Omaze Means What
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Where is Omaze based?
Omaze is located within Los Angeles, California.
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Is my contribution tax-deductible?
All Omaze donations are made through Charities Aid FoundatAmerica ion (CAFA). Since CAFA is an US charity, all donations made by US donors through Omaze are tax-deductible. Omaze platform are tax-deductible in the amount the law permits. If, however, your donation comes with an experience reward that is worth more than the experience perk will be deducted. If you give $100 and get an experience perk of $75, then your tax-deductible contribution would be $25.
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Is there any Omaze frauds?
Although Omaze is being attacked by many people online as a fraud, the company is totally legit. They are able to raise funds for the charities involved and award participants as promised. To protect yourself ensure that you give your money to the official Omaze site only. Double-check to see if the website is genuine or not prior to making a donation of your money.
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What are the chances of winning?
The more you give, the higher your chances of winning, as a greater donation equals a larger number of entries. You can however take part without contributing and still be eligible for a specific amount of entries.
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How do they confirm that they have a winner?
When the contest has ended, a potential winner is randomly selected using a cryptographically secure random-number generator. Following the random drawing process Omaze’s team will complete the process of confirming winners. You may view more details on the process on their website.
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How do they contact and the winners?
An Omaze representative notifies the potential winner via email. The potential winner has 24 hours to reply to the email sent. The Omaze may follow up with a scheduled video conference, too. After a winner is confirmed and replied to their initial emails, they will need to accept the paperwork provided to them through The Events Team as part of the confirmation process for winners.
Note Omaze won’t reach out to winners via social media. It will only contact them via email.
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How does Omaze make money?
As a not-for-profit entity, Omaze is able to collect 20% of net increases from their campaigns. To keep them functioning this amount is used to pay for operating expenses, including advertising, content creation and processing fees for payments.