Omaze Ted Talk

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Omaze offers an online service where people can give to charities and also be the winner of various prizes and experiences. It’s a unique method of fundraising. As per the website, users have raised over 150 million dollars and have supported more than 350 charitable organizations. These charities are located across the globe. They are the most reputable non-profit organizations like UNICEF, After-School All-Stars, Julia’s House, Product Red, as well as Make-A-Wish Foundation.

Donations aren’t required to participate in a contest, but they do earn you extra contest entries, as well as other benefits. The contestants can choose which charity they want to donate to. Every contest comes with its distinct prize, from luxury cars to once-in-a-lifetime experiences.

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Before you continue, 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 our article for a more comprehensive review of Omaze.

What is the process behind Omaze function?

Omaze Ted Talk

Omaze believes that every person should have the chance to be a part of fundraising. Traditionally, charitable organizations usually relied on fundraising events that only the rich and famous could attend. Omaze was founded to make charity auctions through its unique fundraising method. This means that everyday people can make a donation to the charity of their choice for as little as $10.

You have two options you can enter. One is by donating, and the other is by entering for no cost. You can enter any contest without donating, but you earn additional entries based on the amount you contribute. The higher your donation, the more prizes you’ll win.

To donate, 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 may donate as many times as you like. However, there is a maximum Entry limit that is dependent upon the amount of prize.

To enter for free visit the Experience or Prize page on the website. Click the “enter without contributing link” and follow the directions. You will need to accomplish the form. After submitting the form you will receive a specific number of entries. You may submit the form as many times as you’d like, however you will be subject to a certain entry limit.

Omaze has been criticized regarding how much of the donation goes to the charity. For the most expensive prizes, only about 10-15 percent of the donation goes to charity. The company has replied with the statement that 10% still an amount that is significant. The rest of the donation is used to cover expenses for marketing and operational costs to keep them running. The most important thing is that people are encouraged to give because of attractive prizes.

For prizes with lower costs The company claims that 60% of the money goes to charity.

Donations made on the site directly go towards Charities Aid Foundation America (CAF America). It’s a nonprofit organization that has partnered with Omaze in making fundraising easy, safe, and effective. CAFA utilizes donations to help fund grants for charitable organisations.

Omaze Prizes

Omaze provides a range of incredible prizesthat they refer to as Experiences. The prizes include luxurious vehicles as well as dream homes, a chance to meet your favourite celebrity or have a unique journey.

Here are a few examples of the previous and present prizes offered by Omaze:

  • Chance to be the owner of an enviable multimillion dollar Miami dream house
  • A trip to Japan specially designed for you
  • An unforgettable safari with a luxurious stay in Giraffe Manor in Kenya
  • An opportunity to get 2 seats for one of the very first Virgin Galactic flights to space
  • An exclusive meet and meet and greet with Dwayne “The Rock” Johnson
  • A luxurious vacation to a wellness resort in Thailand
  • First-class plane tickets to anywhere in the world
  • The chance to win luxurious cars and a variety of other vehicles

Omaze offers constantly new campaigns and enticing prizes. Visit their website for more prizes with the details. It also provides previous prizes and winners. For contests that have been held previously you can also view the amount that the charity received.

Omaze Ted Talk

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Who started Omaze?

Omaze was created in 2012 by Ryan Cummins and Matt Pohlson. The website says that they got the idea after attending a charity auction. The auction item was their dream experience: a basketball game and dinner in the company of Magic Johnson. But, the bidding was to the point that they were outbid. The prize was only $15,000.

The two couldn’t figure out why such a huge prize only raised a small amount for a great cause. They also felt that this fundraising model was limited to rich people only. They felt that extraordinary experiences like this should not be restricted to a few wealthy individuals.

So they decided to develop a new kind of fundraising that could be accessible to a significant amount of people.

The fundraising will be accessible online, so anyone could participate. It wouldn’t take an enormous amount of funds to participate this event, which could make it easier for more people to participate and raise more money to support the cause.

They also believe that charitable organizations should feel better about advertising themselves on this platform since it’s for an excellent cause. The platform lets charities connect with a wider public in a more appealing way to raise more funds.

Is Omaze real?

While the business has been the subject of some criticism, they appear that they are indeed legitimate. As of now, they’ve collected more than 100 million dollars for charity and have awarded the prizes promised to participants. Many famous celebrities have also been a part of the campaign and lobbied for the platform.

A number of winners have also talked regarding the prize they won. They are also featured on their official Omaze Youtube channel.

Omaze is also certified by The Better Business Bureau with an A+ rating. Omaze Ted Talk

Because it’s a not-for-profit company, Omaze takes around 20 percent of donations. Imagine you want 100% of your donations going to a non-profit. In that situation, you may think about donating direct to the nonprofit organization or charity instead. But the best thing of Omaze is that you get to do something positive and, simultaneously, get the chance to get a great experience. This makes it very appealing to a broader number of people. If you’re interested in once-in-a-lifetime experiences, then Omaze is a great chance.

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Cost and Price Plans

Omaze allows you to donate as low as $10. If the amount you donate increases, the proportion of entries also increases, and the value of one entry decreases. For example $150 is equal to 2000 entries, which means 1 entry for every 7 cents that are donated. Omaze Ted Talk

Here are the donation amounts with the equivalent number of entries:

  • $20 = 20 entry
  • $25 = 125 entries (most well-liked option, according to the website)
  • $500 = $50 entries
  • 100$ = 1200 entry
  • 150 = 2000 entry

According to Omaze the company, they take approximately 12% to 20% of net profits. These funds are used to cover operational costs, such as advertising, content creation, and payment processing fees. About 60%-80% of the funds are donated to charities.

To make it more specific, here’s how it differs between non-celebrity prizes and celebrity prizes. For celebrity prizes that are usually more affordable, sixty percent of donation is given to charities, while 25 percent goes to Omaze. For more expensive prizes like vacations, cars, or cash 15percent of amount is donated to charity, while 65%-75 percent goes to Omaze.

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Refund Policy

Omaze is currently unable to offer refunds because the donations are for charitable causes. However, if you have any issues with your transaction, you should contact Customer Service as soon as possible.

Customer Service Contact Info

Suppose you have any doubts, questions or concerns. If so you can submit your concerns directly to their website via the Support Center and Submit a Request link. There is also a wealth of information and find 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 charities with the possibility to win exclusive prizes as well as experiences. It’s a legitimate organization that has been running for a number of years. It has helped numerous charities reach their goals by making donations for them. The unique fundraising method gives everyone the opportunity to enjoy unforgettable experiences that will last a lifetime.

Omaze is a different way to donate to charities. However, it has been the subject of a lot of criticism over how much of the money actually is donated to charities. But, this is understandable as Omaze is a commercial enterprise and is a non-profit company. If you’re looking to simply donate to a charity and make sure that all proceeds go to them, then donate directly to the charity instead. If you’re interested in one of Omaze’s amazing prizes you can donate to Omaze instead. It’s a win-win since you have the chance to be the winner of a prize and also donate to a great cause.

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FAQS Omaze Ted Talk

  • Where is Omaze located?

Omaze is based within Los Angeles, California.

  • Can my tax-deductible contribution be deducted?

All Omaze donations go through Charities Aid FoundatAmerica ion (CAFA). Since CAFA is an US charity, all donations made by US donors via the Omaze platform are tax-deductible to the extent the law allows. However, if your contribution comes with an experience perk, the value of the perk will be subtracted. For example, if you make a donation of $100 and earn an experience perk of $75, then your tax-deductible donation will be $25.

  • Do you know of any Omaze frauds?

Although Omaze has been criticized by a lot of people on the internet as a scam however, the company is completely legit. They can raise funds for the charities involved and award participants as promised. To ensure your safety be sure to make your donation through the authentic Omaze website only. Verify if the website is fake or not prior to donating your money.

  • What are the odds of winning?

The more you donate, the higher your chances of winning because a larger donation equals a more significant amount of entries. But, you are able to participate without contributing money and still be eligible for a specific amount of entries.

  • How can they verify the winner?

After the contest is over the winner will be randomly chosen using an encrypted and secure random number generator. After the random drawing process Omaze’s team finishes the winner confirmation process. You may view more details on the procedure on their website.

  • How do they reach them and the winners?

An Omaze representative informs potential winners via email. The potential winner has 24 hours to respond to the email sent. The Omaze may contact them with an scheduled video call as well. After a winner is confirmed and replied to their initial emails, they must sign paperwork sent to them by the Events Team as part of the confirmation process for winners.

Note that Omaze will never contact winners via social media. It will only contact them via email.

  • How does Omaze earn money?

As a for-profit organization, Omaze is able to collect a 20% fee on net raises from their campaigns. To ensure that they are operating this amount can be used to fund operating expenses, including advertising, content creation, and processing fees for payments.

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