Omaze can be described as an online marketplace where people can give to charities and get a chance to be the winner of various prizes and experiences. It’s an innovative method of fundraising. As per the website, the users have raised more than 150 million dollars, and have benefited more than 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 necessary to participate in a contest, however, they can earn additional contest entries as well as other perks. The contestants can choose which charity they would like to donate to. Every contest comes with its distinct prize, from luxury automobiles to unique experience.
Before you go on, you may want to check out this video by The Entrepreneur on YouTube that gives a quick review. After, you will want to read the rest of our article for a more comprehensive review of Omaze.
How does Omaze work?
Omaze Ringo
Omaze believes that everyone should have the chance to take part in fundraising. Traditionally, charities relied on fundraisers where only the rich and famous were invited to. Omaze set out to open up charity auctions through its unique fundraising model. This means that everyday people can give to the charity of their choice for as low as $10.
You have two options to enter. One is by donating, and the other is by entering for no cost. You can enter any contest without donating however you will earn extra entries based on how much you contribute. The higher your donation is, the more prize entries you’ll get.
To make a donation, click “Enter Now” from the Experience or Prize page on the website. Choose a amount to donate and follow the steps to fill in your details. You can donate as many times as you’d like. But, there is an entry limit for each person which varies based what prize you win.
To enter for free To enter for free, visit the Experience or Prize page on the website. Select the “enter without contributing link” and follow the steps. You will need to accomplish a form. When you submit the form, you will receive a specific 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 about how much of the prize is actually going to charity. For the most expensive prizes, only about 10-15 percent of the donation goes to the charity. The company has stated that 10 percent is still a significant amount. The rest of the donation is used to pay for expenses for marketing and operational costs to ensure that they are running. What matters is that people are encouraged to donate because of the attractive prizes.
For prizes that are less costly The company says that 60% of the money goes to charity.
Donations made through the website go directly into Charities Aid Foundation America (CAF America). It’s a non-profit organization which has partnered with Omaze in making fundraising easy as well as safe and efficient. CAFA utilizes donations to help fund grants for charitable organizations.
Omaze Prizes
Omaze offers a wide range of incredible prizes, which they refer to as experiences. The prizes include luxurious vehicles as well as dream homes, the opportunity to get to know your favourite celebrity or have a unique journey.
Here are some examples of the previous and present prizes offered by Omaze:
- The chance to take home the multimillion-dollar Miami dream home
- A vacation in Japan specially designed for you
- A memorable safari experience as well as a stay at Giraffe Manor in Kenya
- The chance to get two seats on one of the very first Virgin Galactic flights to space
- An exclusive meet and greet featuring Dwayne “The Rock” Johnson
- A luxurious vacation 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 campaigns and enticing prizes. You can check their website to view more prizes , including the prize information. It also provides previous prizes as well as the winners. For previous contests, you can also see the amount that the charity has received.
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Who came up with Omaze?
Omaze was launched in 2012 by Ryan Cummins and Matt Pohlson. As per the site, they had the idea after they attended an auction for charity. The auction item was their ideal experience: a basketball game and dinner together with Magic Johnson. However, the bidding went so high that they were outbid. The prize was just $15,000.
The two couldn’t figure out why such a huge prize only raised a small amount for a good cause. They also felt that this fundraiser was only available to those who are wealthy. They felt that extraordinary experiences such as this shouldn’t be restricted to a small number of wealthy people.
So they decided to develop an entirely new method of fundraising, which would be available to a more significant variety of people.
The fundraising will be accessible online, so everyone could take part. It wouldn’t take an enormous amount of cash to participate this event, which could make it easier for more people to participate and raise more funds to support the cause.
They also think that charities ought to feel more comfortable marketing themselves through this platform since it’s for a great cause. The platform lets charities reach out to a broader audience in an attractive way to raise funds.
Is Omaze real?
While the business has been the subject of some criticism, it seems that they are indeed legitimate. As of now, they’ve raised over $100 million for charity , and have distributed the prizes to the participants in accordance with their promises. Numerous famous personalities have also endorsed and advocated to the program.
A number of winners have also talked about the prizes they received. They also have a video on Omaze’s Omaze channel. Omaze Youtube channel.
Omaze is also certified by Omaze is also accredited by Better Business Bureau with an A+ rating. Omaze Ringo
As a non-profit corporation, Omaze takes around 20% of the donations. Imagine you want 100% of your donations going to a non-profit. In this situation, you may consider donating straight to the charity organization or charity instead. But the best thing of Omaze is that you have the chance to do something positive and, at the same time getting to receive a wonderful experience. This makes it very appealing to a wider range of people. If you’re looking for unique experiences, then Omaze is a fantastic chance.
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Cost and Price Plans
Omaze lets you make donations for starting at just $10. When the amount of donation increases, the number of entries increases and the value of one entry decreases. For example $150 is equal to 2000 entries, which is 1 entry per 7 cents donated. Omaze Ringo
Here are the donations amounts with the equivalent amount of entry entries
- $10 = 20 entries
- $25 = $25 = 125 entries (most popular option according to the website)
- $500 = $50 entries
- 100$ = 1200 entry
- 150 = 2000 entry
According to Omaze, their company takes approximately 12% to 20% of net profits. These funds are used to fund expenses for operations, like advertising, content creation and processing fees for payments. A majority of the funds go to charity.
To be more precise, here’s how it differs between non-celebrity prizes and celebrity prizes. For prizes that are awarded to celebrities which are generally cheaper, 60percent of prize is given to charities, while 25 percent goes to Omaze. For higher-end prizes, like automobiles, vacations, or cash 15% of the amount goes to charity while 65%-75 percent is given to Omaze.
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Refund Policy
Omaze currently does not provide refunds as donations are made to charitable causes. However, if you have any concerns with your transaction it is recommended to contact Customer Service as soon as possible.
Customer Service Contact Info
If you have any concerns, queries, issues, or complaints. If so, you may submit them directly to their site via the Support Center and Submit a Request link. You can also access details and frequently asked questions at the Support Center.
Conclusion
Omaze can be described as an internet-based fundraising platform which allows users to make donations to charitable organizations with the possibility to win exclusive prizes and experiences. Omaze is a legitimate business that has been operating for many years. It has assisted numerous charities to achieve their goals through raising funds for them. Its unique fundraising strategy lets everyone have the opportunity to enjoy amazing once-in-a-lifetime experiences.
Omaze is a different way to give 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 commercial enterprise which is a profit-making company. If you’re looking to donate money to a charity and make sure that all proceeds go to them, you could donate direct to charity. But if you’re interested in one of Omaze’s fabulous prizes, then donate through Omaze instead. You get the chance to be the winner of a prize and also donate to a worthy cause.
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FAQS Omaze Ringo
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Where is Omaze based?
Omaze is located within Los Angeles, California.
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Can my tax-deductible contribution be deducted?
All Omaze donations go to Charities Aid FoundatAmerica ion (CAFA). Because CAFA is an US charity, all donations made by US donors through the Omaze platform are tax-deductible to the extent the law permits. However, if your donation is made in conjunction with an experience reward then the value of the perk will be reduced. For example, if you make a donation of $100 and earn an experience worth $75, your tax-deductible contribution would be $25.
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Is there any Omaze scams?
While Omaze has been criticized by numerous people online as a scam but the business is legitimate. They can raise funds for the charities involved and also award participants according to the promises. To protect yourself be sure to give your money to Omaze’s official Omaze web site. Check to make sure 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 donate the more likely you are of winning since a higher donation equals a greater amount of entries. However, you can still enter without contributing and still be eligible for a specific amount of entries.
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How do they confirm the winner?
Once the contest has closed after the contest has ended, a winner could be randomly chosen using an encryption-secure cryptographically secured randomly generated number generator. After the random draw process Omaze’s team will complete the process of confirming winners. You may view more details about the procedure through their official website.
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How do they contact and announce winners?
An Omaze representative informs potential winners via email. The potential winner has 24 hours to reply to the email sent. The Omaze can contact them with an scheduled video call as well. Once a potential winner has responded to and confirmed an initial message, they need to complete the form provided through the Events Team as part of the winner confirmation process.
Note that Omaze will never contact winners via social media. It will only contact them via email.
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How does Omaze earn its money?
As a for-profit organization, Omaze is able to collect a 20% fee on net raises generated by their campaigns. To ensure that they are functioning the fee can be used to fund operating expenses, including advertisements, content creation, and processing fees.
