Omaze is an online platform where people can make donations to charities and also be the winner of various prizes and experiences. It’s a unique crowdfunding approach to fundraising. As per the website, users have raised over 150 million dollars and supported over 350 charitable organizations. They have charities all over the world. 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 aren’t required to participate in a contest, but they earn extra contest entries, as well as other benefits. Users can decide what charity they want to donate to. Every contest comes with its distinct prize, from luxury cars to unforgettable experience.
Before you go on, you may want to check out this video by The Entrepreneur on YouTube that gives a quick overview. Afterward, you will want to read the rest of the article for a more comprehensive review of Omaze.
What is the process behind Omaze work?
Omaze Similar
Omaze believes that every person should be able to be a part of fundraising. Traditionally, charities relied on fundraisers where only the famous and wealthy were invited to. Omaze was founded to make auctions for charity through its unique fundraising model. It allows everyday citizens to make a donation to the charity of their choice starting at just $10.
Two ways to enter. You can donate, while the other option is participating for no cost. It is possible to enter any contest for free and you’ll earn extra entries based on how much you donate. The greater your donation will result in more prize entries you’ll get.
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 fill in your details. You may donate as many times as you want. However, there is a maximum Entry limit that is dependent what prize you win.
To enter for free, go to the Experience or Prize page on the website. Click on the “enter without contributing link” and follow the directions. You’ll be required to complete the form. After submitting the form you will be awarded a certain amount of entries. You can submit the form as many times as you want, however, you will be subject to a certain Entry limit.
Omaze has received some criticism regarding what percentage of prize goes to the charity. In the case of expensive prizes, 10 to 15 percent of the money is donated to charity. The company has responded to say that 10% is still an amount that is significant. The rest of the donation is used to cover expenses for marketing and operational costs to continue to run the business. The most important thing is that people are encouraged to donate because of the attractive prizes.
For prizes with lower costs The company claims that 60 percent of the prize is given to charities.
Donations made through the site go directly towards 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 utilizes donations to help fund grants for charitable organisations.
Omaze Prizes
Omaze provides a range of incredible prizes, which they call Experiences. These prizes include luxurious cars and dream homes, the possibility to see your favourite celebrity and a once-in-a lifetime journey.
Here are a few examples of the previous and current prizes offered by Omaze:
- Chance to win the multimillion-dollar Miami dream home
- A trip to Japan specially designed for you
- An unforgettable safari 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 meet and greet with Dwayne “The Rock” Johnson
- A luxury trip to a wellness retreat in Thailand
- First-class plane tickets to anywhere in the world.
- A chance to win luxury vehicles and other vehicles
Omaze is constantly offering exciting new campaigns and prizes. You can check their website to view more prizes with the details. It also provides previous prizes and the winners. For previous contests, you can also see how much the charity received.
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Who started Omaze?
Omaze was founded at the end of 2012 in 2012 by Ryan Cummins and Matt Pohlson. According to the website, they got the idea after they attended an auction benefitting charity. The item up for bidding was their dream experience including a basketball game as well as dining with Magic Johnson. But, the bidding was so high that they ended up being outbid. The prize raised just $15,000.
The two couldn’t figure out why such a big prize only brought in a small amount for a great cause. They also thought that the fundraiser was only available to those who are wealthy. They thought that incredible events like this should not be accessible only to a few wealthy people.
Then they came up with an innovative method of fundraising that would be available to a more large number of people.
This fundraising would be available online, so anyone could take part. Participants wouldn’t require a lot of money to enter and increase participation and to raise money for the charity.
They also believe that charitable organizations can feel more confident about marketing themselves through the platform, since it’s an important cause. The platform lets charities reach out to a broader market in a way that is appealing to raise funds.
Is Omaze real?
While the business has been the subject of some criticism, they appear that they’re actually legitimate. So far, they have raised over $100 million for charity , and have given out prizes to participants as promised. A lot of big-name celebrities have also endorsed and advocated for the platform.
Many winners have also spoken of the awards they have received. They also have a video on Omaze’s Official Omaze Youtube channel.
Omaze is also accredited by Omaze is also accredited by Better Business Bureau with an A+ rating. Omaze Similar
As a non-profit corporation, Omaze takes around 20 percent of donations. If you wish to have 100% of your donations to go to the non-profit. In this scenario, you could decide to donate direct to the nonprofit organization or charity instead. But the best thing about Omaze is the fact that it allows you to are able to contribute and, simultaneously getting to get a great experience. This makes it a great attraction to a wider range of people. If you’re seeking unique experiences, then Omaze is an excellent opportunity.
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Cost and Price Plans
Omaze lets you make donations for starting at just $10. If the amount you donate increases, the proportion of entries increases and the equivalent for 1 entry decreases. For example $150 is equal to 2000 entries, which means 1 entry per 7 cents that are donated. Omaze Similar
Here are the amounts for donations with the equivalent number of entries:
- $20 = 20 entry
- $25 = 125 entries (most well-liked option, according to the website)
- $500 = $50 entries
- $1200 = $100
- $150 = 2000 entries
According to Omaze the company, they take about 12%- 20% of net funds. This is used to cover 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 the celebrity and non-celebrity prizes. For prizes that are awarded to celebrities that are usually more affordable, sixty percent of money is given to charities, while 25 percent goes to Omaze. For prizes that are more costly, such as vacations, cars, or cash, fifteen percent of money goes to charity while 65%-75% goes to Omaze.
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Refund Policy
Omaze currently doesn’t offer refunds since the money is donated to charitable causes. If you do have any questions about your transactions, you should contact Customer Service as soon as possible.
Customer Service Contact Info
Suppose you have any queries, issues, or complaints. In that case you can send them directly to their site through the Support Center and Submit a Request link. You can also access information and answers to frequently asked questions on the Support Center.
Conclusion
Omaze can be described as an internet-based platform for fundraising that allows people to donate to charitable organizations to be eligible to win unique prizes and experience. Omaze is a legitimate business that has been operating for several years now. It has assisted numerous charities reach their goals by making donations for them. Its unique fundraising strategy lets everyone have the opportunity to experience unforgettable experiences that will last a lifetime.
Omaze is a new method to make a donation to charity. It has however, received criticism for how much money actually goes to charity. However, it’s understandable since Omaze is a company, so it’s a for-profit company. If your intention is to donate money to a charity and make sure all proceeds go to them, then donate straight to your charity. However, if you’re looking to win the amazing prizes offered by Omaze, then donate through Omaze instead. It’s a win-win situation since you get the chance to win a prize while donating to a worthy cause.
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FAQS Omaze Similar
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Where is Omaze based?
Omaze is located within Los Angeles, California.
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Does my contribution count as tax-deductible?
All Omaze donations go to Charities Aid FoundatAmerica ion (CAFA). Since CAFA is an US charity, all donations made by US donors using the Omaze platform can be tax-deductible as long as the law permits. However, if your contribution comes with an experience reward, the value of the perk will be reduced. So if you donate $100 and earn an experience perk of 75 dollars, the tax-deductible donation will be $25.
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Are there any Omaze scams?
Even though Omaze is being criticized by numerous people online as a scam but the business is legit. They are able to raise funds for the charities involved and also award participants according to the promises. To protect yourself be sure to make your donation through Omaze’s authentic Omaze web site. Double-check to see if the site is legitimate or not prior to donating your money.
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What are the chances of winning?
The more you contribute, the higher your chances of winning because a larger donation equals a larger number of entries. However, you can still participate without contributing money and still be eligible for a certain amount of entries.
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What is the process to confirm a winner?
When the contest has ended the winner will be randomly selected using an encryption-secure cryptographically secured randomly generated number generator. After the random draw process Omaze’s team finishes the winner confirmation process. More details about the process on their website.
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How do they reach them and to announce winners?
An Omaze representative notifies the winner of the contest via email. The winner is given 24 hours to respond to the email sent. The Omaze may respond with a scheduled video call as well. Once a potential winner has responded to and confirmed the initial email, they need to accept the paperwork provided to them by an Events Team as part of the confirmation process for winners.
Note Omaze won’t contact winners via social media, only through email.
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How does Omaze earn its money?
As a for-profit organization, Omaze is able to collect 20% of net increases from their campaigns. To ensure they stay up and running the fee can be used to fund operational costs, such as advertising, content creation, and processing fees for payments.
