Omaze offers an online service where people can donate to charitable causes and get a chance to be the winner of various prizes and experiences. It’s a unique crowdfunding approach to raising money. According to the company, users have raised more than 150 million dollars, and have benefited more than 350 charities. They have charities across the globe. These charities are renowned non-profit organizations like UNICEF, After-School All-Stars, Julia’s House, Product Red and Make-A-Wish Foundation.
Donations are not required to participate in a contest, but they do earn you extra contest entries and other perks. Users are able to choose the charity they want to donate to. Every contest comes with its special prize, ranging from luxury cars to unforgettable experience.
Before you continue, 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 the article for a more comprehensive review of Omaze.
How does Omaze function?
Omaze True Or False
Omaze believes that everyone deserves the opportunity to take part in fundraising. Traditionally, charities relied on fundraisers where only the rich and famous attended. Omaze set out to open up auctions for charities with its unique fundraising method. This means everyday people can donate to the charity of their choice starting at just $10.
You have two options to enter. One is by donating, or taking part for no cost. It is possible to enter any contest for free and you’ll earn extra entries depending on the amount you contribute. The higher your donation, 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 steps to provide your information. You can make donations as often as you like. But, there is a maximum Entry limit that varies depending what prize you win.
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 need to fill out a form. Upon submitting the form, you will receive a particular amount of entries. The form can be submitted at any time you’d like, however you will be subject to a certain entry limit.
Omaze has faced criticism over how much of the money is actually going to charity. In the case of expensive prizes, 10 to 15 percent of the money is donated to charity. The company has stated with the statement that 10% still a significant amount. The rest of the donation is used to pay for the costs of marketing and operations to ensure that they are running. It is important that people are motivated to donate because of the attractive prizes.
For prizes with lower costs, the company reports that 60% of the money is given to charities.
Donations made through the website go directly towards Charities Aid Foundation America (CAF America). It’s a nonprofit organization that has partnered 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 variety of incredible prizes, which they refer to as experiences. These prizes include luxurious cars and dream homes, a opportunity to get to know your favorite celeb or have a unique trip.
Here are a few examples of past and current prizes that are offered by Omaze:
- The chance to win an enviable multimillion dollar Miami dream home
- A trip to Japan specifically designed for you
- A memorable safari experience with a luxurious stay in Giraffe Manor in Kenya
- An opportunity to win 2 seats for one of the first Virgin Galactic flights to space
- Private meet and meet and greet with Dwayne “The Rock” Johnson
- A luxurious trip to a wellness resort in Thailand
- First class tickets on planes to anyplace in the world
- A chance to win luxury automobiles and other vehicles
Omaze has a constant stream of exciting new campaigns and prizes. Check their website for additional prizes and details. Also, you can view previous prizes and winners. For previous contests you will also be able to see the amount that the charity has received.
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Who came up with Omaze?
Omaze was created at the end of 2012 in 2012 by Ryan Cummins and Matt Pohlson. According to the website, they came up with the idea after they attended an auction benefitting charity. The auction item was their ideal trip which included a basketball match and dining together with Magic Johnson. However, the bidding went so high that they ended up being outbid. The prize ended up raising only $15,000.
The two couldn’t figure out why such a huge prize only raised a tiny amount for a good cause. They also believed that this fundraiser was only available to wealthy people only. They believed that amazing experiences such as this shouldn’t be accessible only to a select group of wealthy individuals.
They decided to create an entirely new method of fundraising that could be accessible to a significant variety of people.
This fundraising would be available online, so everyone could take part. It wouldn’t take an enormous amount of cash to participate and make it easier for more people to participate and raise more funds for the charity.
They also believe that charitable organizations ought to feel more comfortable advertising themselves on this platform because it’s an excellent cause. Their platform allows charities to communicate with a larger public in a more appealing way to raise more funds.
Is Omaze legitimate?
While the company has faced some criticism, they appear that they are indeed legitimate. They have raised more than $100 million for charity and have awarded the prizes to the participants in accordance with their promises. Many famous celebrities have also been a part of the campaign and lobbied on behalf of the organization.
Several winners have also spoken about the prizes they received. Some are also featured on their Omaze channel. Omaze Youtube channel.
Omaze is also certified by the Better Business Bureau with an A+ rating. Omaze True Or False
Since it’s a for-profit organization, Omaze takes around 20 percent of donations. Suppose you want all of your donations going to a non-profit. In that case, you might decide to donate straight to the charity or charity instead. But the best thing of Omaze can be that you have the chance to make a difference and in the process, get the chance to receive a wonderful experience. This makes it a great attraction to a wider range of people. If you’re looking for unique experiences, then Omaze is an excellent opportunity.
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Cost and Price Plans
Omaze lets you donate for starting at just $10. When the amount of donation increases, the percentage of entries will also increase, and the value of one entry decreases. For example, a $150 donation equals 2000 entries, which is one entry for every seven cents given. Omaze True Or False
Here are the donations amounts with the equivalent amount of entry entries
- 10$ = 20 tickets
- $25 = 125 entries (most well-liked option, according to the site)
- $50 = 500 entries
- $1200 = $100
- 150 = 2000 entry
According to Omaze their business, it takes approximately 12% to 20% of net funds. These funds are used to cover expenses for operations, like advertising, content creation, and processing fees for payments. Around 60%-70% of funds are donated to charities.
For a more precise understanding Here’s the difference between the celebrity and non-celebrity prizes. For prizes that are awarded to celebrities that are usually cheaper, sixty percent of money goes to charity and 25 percent is given to Omaze. For higher-end prizes, like vacations, cars, or cash 15percent of money goes to charity and 65% to 75 percent goes to Omaze.
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Omaze currently doesn’t offer refunds because the money is donated to charitable causes. However, if you encounter any issues regarding your transactions it is recommended to contact Customer Service as soon as possible.
Customer Service Contact Info
Suppose you have any questions, concerns, or complaints. If so you can send your concerns directly to their website via their Support Center and Submit a Request link. You can also find information and find 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 and experience. It’s a legitimate organization that has been running for several years now. It has helped various charities achieve their goals by making donations for them. Its unique fundraising strategy gives everyone the chance to gain incredible experiences once in a lifetime.
Omaze is a different way to give to charities. However, it has received a lot of critiques regarding how much actually is donated to charities. However, it’s understandable since Omaze is a commercial enterprise which is a profit-making organisation. If your goal is to just donate money to a charity and make sure all proceeds go to them, then you can donate straight to your charity. 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 can be the winner of a prize and also donate to a great cause.
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FAQS Omaze True Or False
Where is Omaze based?
Omaze is based within Los Angeles, California.
Can my tax-deductible contribution be deducted?
All Omaze donations are made through Charities Aid FoundatAmerica ion (CAFA). Since CAFA is an US charity that accepts donations from US donors via the Omaze platform are tax-deductible to the extent the law permits. If, however, your donation comes with an experience reward that is worth more than the experience perk will be deducted. For example, if you make a donation of $100 and receive an experience worth 75 dollars, the tax-deductible contribution would be $25.
Do you know of any Omaze frauds?
While 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 protect yourself ensure that you give your money to the Omaze official Omaze website only. Double-check to see if the site is legitimate or not prior to donating your money.
What are the chances of winning?
The more you give the greater your chance of winning since a higher donation equals a greater amount of entries. However, you can still enter without contributing, which qualifies you for a specific amount of entries.
How do they confirm a winner?
After the contest is over, a potential winner is randomly selected using an encrypted and secure random number generator. Following the random drawing process Omaze’s team will complete the process of confirming winners. More details on the procedure through their official website.
How do they reach them and to announce winners?
An Omaze representative will notify the winner of the contest via email. The winner is given 24 hours to respond to the initial email. The Omaze may follow up with a scheduled video conference as well. After a winner is been confirmed and responded to their initial emails, they will need to sign paperwork sent to them by an Events Team as part of the confirmation process for winners.
Do note that Omaze will never contact winners via social media. Instead, it will contact them by email.
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, this fee can be used to fund operational costs, such as advertising, content creation and processing fees for payments.