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 for fundraising. As per the website, its users have raised more than 150 million dollars and have supported over 350 charitable organizations. These charities are located across the globe. These charities are major credited non-profit organizations like UNICEF, After-School All-Stars, Julia’s House, Product Red, along with Make-A-Wish Foundation.
Donations aren’t necessary to be entered into a contest but they earn extra contest entries, as well as other benefits. Users are able to choose the charity they would like to donate to. Each contest has its own special prize, ranging from luxury automobiles to unique experience.
Before you continue, you may want to watch this video by The Entrepreneur on YouTube that gives a quick overview. After, you’ll want to read the rest of our article for a more comprehensive review.
What is the process behind Omaze work?
Omaze Tax Write Off
Omaze believes that every person deserves the opportunity to participate in fundraisers. In the past, charitable organizations typically depended on fundraising events where only the famous and wealthy could attend. Omaze was founded to make charity auctions through its unique fundraising model. This means that everyday people can make a donation to the charity of their choice for as little as $10.
Two ways you can enter. The first is through donating while the other option is participating for no cost. You are able to participate in any contest with no donation and you’ll earn extra entries based on the amount you give. The greater your donation is, the more prizes you’ll win.
To donate, simply select “Enter Now” from the Experience or Prize page on the website. Select a donation amount and follow the instructions to enter your personal information. You are able to make donations as often as you want. There is however an entry limit for each person that is dependent on the prize.
To be eligible for a free entry To enter for free, visit the Experience or Prize page on the website. Click the “enter without contributing link” and follow the steps. You’ll be required to complete the form. When you submit the form, you will be awarded a certain number of entries. You can submit the form as many times as you want, however the form has a limit on entries. Entry limit.
Omaze has been criticized regarding how much of the prize goes to the charity. For the most expensive prizes, only 10 to 15 percent of the donation goes to charity. The company has stated with the statement that 10% still an amount that is significant. The rest of the donation is used to cover the costs of marketing and operations to ensure that they are running. It is important that people are enticed to contribute due to the attractive prizes.
For prizes that are less costly, the company reports that 60 percent of the donation goes to charity.
Donations made on the site directly go into Charities Aid Foundation America (CAF America). It’s a nonprofit organization which has partnered with Omaze in making fundraising easy as well as safe and efficient. CAFA uses donations to fund grants to charitable organisations.
Omaze offers a wide range of incredible prizesthat they call Experiences. The prizes include luxurious vehicles and dream homes, a chance to meet your favorite celeb or have a unique trip.
Here are a few examples of past and current prizes offered by Omaze:
- The chance to take home a multimillion-dollar Miami dream home
- A trip to Japan specifically designed 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
- A private meet and greet with Dwayne “The Rock” Johnson
- A luxurious trip to a wellness resort in Thailand
- First-class plane tickets to anywhere in the world.
- A chance to win luxury vehicles and other vehicles
Omaze has a constant stream of new campaigns and enticing prizes. Visit their website to view more prizes with the information. It also provides previous prizes as well as the winners. For previous contests you will also be able to see the amount the charity has received.
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Who was the person who started Omaze?
Omaze was created on the 12th of December 2012, in 2012 by Ryan Cummins and Matt Pohlson. As per the site, they had the idea after attending an auction for charity. The item that was up for auction was their dream experience including a basketball game as well as dinner together with Magic Johnson. But, the bidding was so high that they were outbid. The prize ended up raising just $15,000.
The two didn’t understand the reason why a prize of this magnitude only raised a tiny amount for a great cause. They also believed that this fundraising model was limited to rich people only. 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 innovative method of fundraising that could be available to a more large number of people.
This fundraising would be available online, so anyone could take part. It wouldn’t take a lot of funds to participate this event, which could encourage more participants and help raise more funds to support the cause.
They believe that charitable organizations can feel more confident about advertising themselves on the platform, since it’s an important cause. The platform lets charities communicate with a larger market in a way that is appealing to raise funds.
Is Omaze legit?
While the business has been the subject of some criticism, they appear that they are indeed legitimate. So far, they have raised more than $100 million for charity , and have given out prizes to the participants in accordance with their promises. A lot of big-name celebrities have also endorsed and advocated on behalf of the organization.
Several winners have also spoken of the awards they received. They also have a video on their Omaze channel. Omaze Youtube channel.
Omaze is also accredited by Omaze is also accredited by Better Business Bureau with an A+ rating. Omaze Tax Write Off
As a non-profit corporation, Omaze takes around 20% of the donations. If you wish to have all your contributions to go to the non-profit. In that situation, you may think about donating direct to the nonprofit organization or charity instead. The best part of Omaze is the fact that it allows you to get to do something positive and in the process, get the chance to get a great experience. This makes it appealing to a broader number of people. If you’re seeking unique experiences, then Omaze is an excellent chance.
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Cost and Price Plans
Omaze lets you make donations for as low as $10. If the amount you donate increases, the percentage of entries increases and the equivalent for 1 entry decreases. For example, a $150 donation equals 2000 entries. This is 1 entry for every 7 cents given. Omaze Tax Write Off
Here are the donations amounts in the same amount, with the equivalent amount of entry entries
- $10 = 20 entries
- $25 = 250 entries (most sought-after option according to the website)
- $500 = $50 entries
- $1200 = $100
- $1000 = 2000 entries
According to Omaze, their company takes about 12%- 20% of net earnings. This is used to fund operating expenses, including advertising, content creation, and processing fees. About 60%-80% of the funds are donated to charities.
For a more precise understanding, here’s how it differs between non-celebrity prizes and celebrity prizes. For celebrity prizes which are generally less expensive, 60% of the money is given to charities and 25 percent is given to Omaze. For more expensive prizes like automobiles, vacations or cash, 15percent of donation is donated to charity, while 65%-75 percent goes to Omaze.
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Omaze currently does not provide refunds as donations are made to charitable causes. If you do have any issues with your transaction it is recommended to contact Customer Service as soon as possible.
Customer Service Contact Info
Suppose you have any questions, concerns, or complaints. In this case you can submit them directly to their website via the Support Center and Submit a Request link. There is also a wealth of information and answers to frequently asked questions in the Support Center.
Omaze can be described as an internet-based fundraising platform which allows users to make donations to charitable organizations with the possibility to win prizes that are unique as well as experiences. Omaze is a legitimate business that has been operating for several years now. It has assisted numerous charities to achieve their goals through raising funds for them. Its unique fundraising strategy gives everyone the opportunity to enjoy unforgettable experiences that will last a lifetime.
Omaze is a different way to make a donation to charity. It has however, received critiques regarding how much actually goes to charity. It’s understandable, since Omaze is a company, so it’s a for-profit organization. If you’re looking to donate money to an organization and ensure that all proceeds go to them, then you can donate directly to the charity instead. If you’re interested in 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 worthy cause.
> > Click Here to Enter Omaze Now < <
FAQS Omaze Tax Write Off
Where is Omaze where is it based?
Omaze is located at 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 through Omaze are tax-deductible. Omaze platform are tax-deductible to the extent the law allows. However, if your donation is accompanied by an experience perk then the value of the perk will be reduced. For example, if you make a donation of $100 and earn a perk worth 75 dollars, the tax-deductible contribution will be $25.
Do you know of any Omaze scams?
While Omaze is being attacked by numerous people online as a scam but the business is authentic. It can raise money to benefit the organizations involved and award participants as promised. To ensure your security be sure to make your donation through the official Omaze site only. Check to make sure the website is genuine or not before donating your money.
What are the odds of winning?
The more you donate the greater your chance of winning because a larger donation equals a larger amount of entries. You can however participate without contributing money and still be eligible for a set amount of entries.
What is the process to confirm a winner?
After the contest is over, a potential winner is randomly selected using a cryptographically secure random number generator. Following the random drawing process Omaze’s team finishes the confirmation of the winner. There are more details about the process at their site.
How do they reach them and announce winners?
An Omaze representative will notify potential winners via email. The winner is given 24 hours to reply to the initial email. The Omaze could respond with a scheduled video conference, too. Once a potential winner has responded to and confirmed their initial emails, they need to complete the form provided from The Events Team as part of the confirmation process for winners.
Do note Omaze won’t contact the winners through social media, only through email.
How does Omaze earn money?
As a for-profit organization, Omaze collects a 20% fee on net raises from their campaigns. To ensure that they are operating this amount can be used to fund operational costs, such as advertising, content creation and payment processing fees.