Omaze can be described as an online marketplace on which users can donate to charitable causes and get a chance to get various prizes and experience. It’s a unique crowdfunding method for raising money. As per the website, the users have raised over 150 million dollars and supported over 350 charitable organizations. The charities are spread across the globe. They are the most reputable non-profit organizations like UNICEF, After-School All-Stars, Julia’s House, Product Red along with Make-A-Wish Foundation.
Donations are not required to participate in a contest, but they earn extra contest entries and other perks. The contestants can choose which charity they want to donate to. Every contest comes with its own distinct prize, 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. Afterward, you will want to read the rest of our article for a more comprehensive review of Omaze.
How does Omaze function?
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Omaze believes that everyone deserves the opportunity to be a part of fundraising. In the past, charitable organizations typically depended on fundraising events where only the famous and wealthy were invited to. Omaze was founded to make auctions for charities with its unique fundraising method. This means that everyday people can give to the charity of their choice starting at just $10.
There are two ways to participate. One is by donating, or entering for no cost. It is possible to enter any contest with no donation and you’ll earn extra entries based on how much you give. The more you donate, the more prizes you’ll win.
To make a donation, go to “Enter Now” from the Experience or Prize page on the website. Then choose a donation amount and follow the steps to provide your information. You can donate as many times as you’d like. There is however an entry limit for each person which varies based what prize you win.
For a chance to win 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. Upon submitting the form, you will be awarded a certain number of entries. You may submit the form at any time you’d like, however, there is a maximum Entry limit.
Omaze has received some criticism regarding how much of the donation goes to the charity. For the most expensive prizes, only around 10-15 percent of the donation goes to the charity. The company has replied that 10 percent is a significant amount. The rest of the donation is used to cover the costs of marketing and operations to keep them running. What matters is that people are motivated to give because of attractive prizes.
For less expensive prizes The company says that 60 percent of the prize is given to charities.
Donations made on the site directly go into 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 utilizes donations to help fund grants to charitable organizations.
Omaze offers a wide range of incredible prizesthat they refer to as experiences. These prizes include luxurious cars, dream homes, a chance to meet your favorite celeb, or a once-in-a-lifetime travel experience.
Here are some examples of past and current prizes provided by Omaze:
- A chance to be the owner of an enviable multimillion dollar Miami dream house
- A trip to Japan curated just for you
- An unforgettable safari as well as a stay at Giraffe Manor in Kenya
- The chance to win 2 seats for one of the very first Virgin Galactic flights to space
- An exclusive meet and greet featuring Dwayne “The Rock” Johnson
- A luxury trip to a spa resort in Thailand
- First class plane tickets to any destination in the world.
- A chance to win luxury cars and a variety of other vehicles
Omaze has a constant stream of new promotions and attractive prizes. You can check their website to see additional prizes and information. It also provides previous prizes as well as the winners. For contests that have been held previously you can also view the amount that the charity received.
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Who came up with Omaze?
Omaze was founded in 2012 by Ryan Cummins and Matt Pohlson. As per the site, they got the idea after attending an auction benefitting charity. The item that was up for auction was their dream experience: a basketball game and dinner in the company of Magic Johnson. The bidding was so high that they ended up being outbid. The prize was only $15,000.
The two didn’t understand the reason why a prize of this magnitude only raised a tiny amount to support a worthy cause. They also believed that this method of fundraising was restricted to rich people only. They thought that incredible experiences like this should not be restricted to a few wealthy individuals.
Then they came up with a new kind of fundraising, which would be available to a more large number of people.
This fundraiser would be made available online, so everyone could participate. It wouldn’t take an enormous amount of money to enter and increase participation and raise more funds in support of the organization.
They think that charities 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 money.
Is Omaze legit?
While the company has faced some criticism, it seems that they are indeed legitimate. They have raised more than $100 million for charity and have given out prizes promised to participants. Numerous famous personalities have also endorsed and advocated on behalf of the organization.
A number of winners have also talked of the awards they have received. They are also featured on their Omaze channel. Omaze Youtube channel.
Omaze is also accredited as a member of the Better Business Bureau with an A+ rating. Omaze Shirt How Long Shipping
Because it’s a not-for-profit company, Omaze takes around 20 percent of donations. Imagine you want all your contributions to go to the non-profit. In that scenario, you could think about donating directly to the non-profit or charity instead. However, the fun part of Omaze can be that you are able to make a difference and at the same time you can get a great experience. This makes it very appealing to a larger number of people. If you’re looking for unique experiences Then Omaze is an excellent opportunity.
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Cost and Price Plans
Omaze allows you to donate as low as $10. As the donation amount increases, the percentage of entries also increases, and the amount equivalent to 1 entry decreases. For instance $150 is equal to 2000 entries. This is one entry for every seven cents that are donated. Omaze Shirt How Long Shipping
Here are the amounts for donations with the equivalent quantity of entries
- 10$ = 20 tickets
- $25 = 125 entries (most sought-after option according to the website)
- $500 = $50 entries
- $100 = 1,200 entries
- $150 = 2000 entries
According to Omaze the company, they take approximately 12% to 20% of net earnings. This is used to fund expenses for operations, like advertising, content creation and processing fees for payments. About 60%-80% of the funds go to charity.
To be more precise This is how it differs between celebrity prizes and non-celebrity prizes. For the prizes of celebrities, which are typically more affordable sixty percent of donation is given to charities and 25 percent is given to Omaze. For more expensive prizes like vacations, cars or cash 15% of the donation goes to charity while 65%-75% goes to Omaze.
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Omaze currently doesn’t provide refunds as the money is donated to charitable causes. However, if you encounter any questions regarding your transactions it is recommended to contact Customer Service as soon as possible.
Customer Service Contact Info
If you have any concerns, queries, issues or concerns. In that case you can send your concerns directly to their website through the Support Center and Submit a Request link. You can also access details and frequently asked questions on the Support Center.
Omaze is an online fundraising platform that allows people to donate to charities in exchange for the chance to win unique prizes and experiences. Omaze is a legitimate business that has been operating for several years now. It has helped various charities reach their goals by raising money for them. Its unique fundraising model lets everyone have the opportunity to enjoy unforgettable experiences that will last a lifetime.
Omaze is a new method to make a donation to charities. 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 business and is a non-profit organization. If your intention is to simply donate to a charity and make sure 100% goes to them, you could donate direct to charity. But if you’re interested in one of Omaze’s fabulous prizes make sure to donate via Omaze instead. It’s a win-win since you have the chance to be the winner of a prize and also donate to a worthy cause.
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FAQS Omaze Shirt How Long Shipping
Where is Omaze based?
Omaze is headquartered within Los Angeles, California.
Does my contribution count as tax-deductible?
All Omaze donations are made through Charities Aid FoundatAmerica ion (CAFA). Because CAFA is a US charity that accepts donations from US donors using Omaze are tax-deductible. Omaze platform are tax-deductible in the amount the law allows. If, however, your donation is made in conjunction with an experience-based perk then the value of the perk will be subtracted. So if you donate $100 and receive an experience perk of $75, your tax-deductible contribution would be $25.
Is there any Omaze scams?
Although Omaze is being attacked by many people online as a fraud, the company is totally legitimate. They can raise funds for the charities involved and reward participants in accordance with their promises. To protect yourself ensure that you donate your money through the Omaze official Omaze website only. Check to make sure the site is legitimate or not before donating your money.
What are the chances of winning?
The more you donate the more likely you are of winning because a larger donation equals a more significant amount of entries. But, you are able to take part without contributing, which qualifies you for a set amount of entries.
How can they verify that they have a winner?
After the contest is over after the contest has ended, a winner could be randomly drawn via a cryptographically secure randomly generated number generator. Following the random drawing process Omaze’s team finishes the winner confirmation process. More details on the procedure on their website.
How do they contact and to announce winners?
An Omaze representative informs the winner of the contest via email. The potential winner has up to 24 hours to respond to the email sent. The Omaze could follow up with a planned video conference as well. After a winner is responded to and confirmed their initial emails, they will need to accept the paperwork provided to them through the Events Team as part of the winner confirmation process.
Please note Omaze won’t reach out to winners via social media. Instead, it will contact them by email.
How does Omaze make money?
As a for-profit organization, Omaze collects 20% of net increases from their campaigns. To ensure that they are operating, this fee is used to pay for operating expenses, including advertising, content creation, and payment processing fees.