Omaze can be described as an online marketplace on which users can give to charities and have the chance to be the winner of various prizes and experiences. It’s a unique approach to raising money. Based on the information provided by the firm, its users have raised over 150 million dollars and have supported more than 350 charities. These charities are located all over the world. These charities are major credited non-profit organizations such as UNICEF, After-School All-Stars, Julia’s House, Product Red, as well as Make-A-Wish Foundation.
Donations are not required to participate in a contest, however, they can earn additional contest entries as well as other perks. Users are able to choose the cause they’d like to contribute to. Each contest has its own distinct prize, from luxury cars to once-in-a-lifetime experiences.
Before you continue, you may want to watch this video by The Entrepreneur on YouTube that gives a quick review. After, you’ll want to read the rest of the article for a more comprehensive review.
How does Omaze function?
Omaze believes that every person deserves the opportunity to participate in fundraisers. Traditionally, charitable organizations usually depended on fundraising events where only the rich and famous attended. Omaze was founded to make auctions for charities with its unique fundraising method. This means everyday people can make a donation to the charity of their choice starting at just $10.
There are two ways you can enter. The first is through donating or participating for free. You can enter any contest without donating however you will earn extra entries depending on the amount you contribute. The greater your donation will result in 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 directions to fill in your details. You may make donations as often as you like. There is however an upper limit on entries that varies depending on the prize.
For a chance to win for free visit the Experience or Prize page on the website. Select the “enter without contributing link” and follow the steps. You’ll be required to complete the form. Upon submitting the form, you will be awarded a certain amount of entries. The form can be submitted multiple times as you want, however, the form has a limit on entries. entry limit.
Omaze has received some criticism regarding what percentage of donation 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 replied that 10 percent is an impressive amount. The remaining donation is used to cover expenses for marketing and operational costs to keep them running. What matters is that people are enticed to contribute due to the attractive prizes.
For prizes that are less costly The company claims that 60 percent of the donation goes to charity.
Donations made through the website are directly donated to Charities Aid Foundation America (CAF America). It’s a nonprofit organization which has partnered with Omaze to make fundraising simple as well as safe and efficient. CAFA uses donations to fund grants to charitable organisations.
Omaze provides a range of incredible prizes, which they refer to as Experiences. The prizes include luxurious vehicles, dream homes, the opportunity to get to know your favourite celebrity or have a unique travel experience.
Here are some examples of past and present prizes provided by Omaze:
- Chance to be the owner of an enviable multimillion dollar Miami dream house
- A trip to Japan specifically designed for you
- A memorable safari experience and stay at Giraffe Manor in Kenya
- The chance to get two seats on one of the very first Virgin Galactic flights to space
- A private meet and meet and greet with Dwayne “The Rock” Johnson
- A luxurious vacation to a wellness retreat in Thailand
- First-class plane tickets to anywhere in the world
- Chance to win luxurious vehicles and other vehicles
Omaze is constantly offering exciting new campaigns and prizes. 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 see the amount the charity has received.
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Who came up with Omaze?
Omaze was launched at the end of 2012 through Ryan Cummins and Matt Pohlson. As per the site, they had the idea after they attended a charity auction. The auction item was their ideal experience which included a basketball match and meal with Magic Johnson. The bidding was to the point that they were outbid. The prize was just $15,000.
They couldn’t comprehend why such a big prize only raised a small amount for a good cause. They also felt that this fundraiser was only available to rich people only. They felt that extraordinary experiences such as this shouldn’t be accessible only to a small number of wealthy individuals.
Then they came up with an entirely new method of fundraising, which would be accessible to a large number of people.
This fundraiser would be made available on the internet, which means that everyone can participate. It wouldn’t take much cash to participate this event, which could make it easier for more people to participate and raise more funds to support the cause.
They think that charities ought to feel more comfortable advertising themselves on this platform because it’s an important cause. Their platform allows charities to communicate with a larger audience in an attractive way to raise more funds.
Is Omaze legitimate?
While the company has faced some criticism, it appears that they’re legitimate. So far, they have raised more than $100 million for charity and have distributed the prizes promised to participants. A lot of big-name celebrities have also supported and advocated for the platform.
Several winners have also spoken about the prizes they have won. They are also featured on Omaze’s Omaze channel. Omaze Youtube channel.
Omaze is also accredited by the Better Business Bureau with an A+ rating. Omaze Vansmith
Since it’s a for-profit organization, Omaze takes around 20% of the donations. Suppose you want all your contributions going to a non-profit. If that is the scenario, you could consider donating straight to the charity organization or charity instead. But the best thing of Omaze is that you are able to contribute and at the same time, get the chance to be awarded a fantastic experience. This makes it a great attraction to a larger number of people. If you’re looking for unique experiences Then Omaze is a great opportunity.
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Cost and Price Plans
Omaze lets you donate for just $10. When the amount of donation increases, the proportion of entries will also increase, and the value of one entry decreases. For instance $150 is equal to 2000 entries, which means 1 entry per 7 cents donated. Omaze Vansmith
Here are the donation amounts with the equivalent number of entries:
- $20 = 20 entry
- $25 = 125 entries (most popular option according to the site)
- $50 = 500 entries
- $1200 = $100
- $1000 = 2000 entries
According to Omaze the company, they take approximately 12% to 20% of net profits. The money is used to pay for expenses for operations, like advertising, content creation, and processing fees for payments. A majority of the money goes to charities.
For a more precise understanding This is how it differs between non-celebrity prizes and celebrity prizes. For the prizes of celebrities that are usually less expensive, sixty percent of donation goes to charity and 25% goes to Omaze. For more expensive prizes like vacations, cars or cash 15percent of donation goes to charity and 65% to 75 percent goes to Omaze.
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Omaze currently does not offer refunds since the donations are for charitable causes. If you do have any questions regarding your transactions You should get in touch with Customer Service as soon as possible.
Customer Service Contact Info
If you have any concerns, queries, issues or concerns. If so you can submit your concerns directly to their website via the Support Center and Submit a Request link. You can also access details and frequently asked questions on the Support Center.
Omaze can be described as an internet-based platform for fundraising that allows people to donate to charitable organizations in exchange for the chance to win prizes that are unique as well as experiences. It’s a legitimate organization which has been in operation for several years now. It has assisted numerous charities to achieve their goals through raising funds for them. Its unique fundraising strategy lets everyone have the opportunity to experience incredible experiences once in a lifetime.
Omaze is a different way to make a donation to charities. However, it has been the subject of a lot of criticism over how much of the money actually is donated to charities. It’s understandable, since Omaze is a commercial enterprise which is a profit-making company. If you’re looking to simply donate to an organization and ensure that all proceeds go to them, you could donate straight to your charity. But if you’re interested in one of Omaze’s amazing 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 Vansmith
Where is Omaze based?
Omaze is based in Los Angeles, California.
Is my contribution tax-deductible?
All Omaze donations go to Charities Aid FoundatAmerica ion (CAFA). Since CAFA is a US charity and all donations made by US donors through the Omaze platform are tax-deductible to the extent the law permits. However, if your donation is made in conjunction with an experience reward then the value of the perk will be subtracted. For example, if you make a donation of $100 and earn an experience perk of $75, your tax-deductible donation is $25.
Is there any Omaze scams?
Although Omaze is being criticized by numerous people online as a fraud however, the company is completely authentic. They can raise funds for charities and award participants as promised. To ensure your security ensure that you donate your money through Omaze’s authentic Omaze site only. Verify if the website is genuine or not before donating your money.
What are the odds of winning?
The more you donate, the higher your chances of winning since a higher donation equals a more significant amount of entries. You can however enter without contributing, which qualifies you for a certain amount of entries.
How do they confirm that they have a winner?
When the contest has ended the winner will be randomly chosen using a cryptographically secure random number generator. After the random draw process Omaze’s team will complete the confirmation of the winner. You may view more details on the procedure through their official website.
How do they contact and to announce winners?
An Omaze representative notifies potential winners via email. The winner is given 24 hours to respond to the initial email. The Omaze can respond with a planned video call as well. After a winner is confirmed and replied to their initial emails, they need to complete the form provided by an Events Team as part of the process of confirming the winner.
Please note Omaze does not reach out to winners via social media, only through email.
How does Omaze earn money?
As a not-for-profit entity, Omaze collects a 20% fee on net increases from their campaigns. To ensure that they are operating the fee is used to cover the operational expenses like advertising, content creation and processing fees.