Omaze Where Does The Money Go

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Omaze is an online platform that allows users can give to charities and also be the winner of various prizes and experiences. It’s a unique crowdfunding method for raising funds. As per the website, users have raised over 150 million dollars and supported more than 350 charitable organizations. The charities are spread all over the world. These charities are renowned non-profit organizations like UNICEF, After-School All-Stars, Julia’s House, Product Red and Make-A-Wish Foundation.

Donations aren’t necessary to enter a contest, however, they can earn additional contest entries as well as other perks. The contestants can choose which charity they would like to donate to. Every contest comes with its special prize, ranging 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 review. Afterward, you will want to read the rest of our article for a more comprehensive review of Omaze.

How does Omaze work?

Omaze Where Does The Money Go

Omaze believes that everyone deserves the opportunity to be a part of fundraising. In the past, charitable organizations typically depended on fundraising events where only the rich and famous attended. Omaze was founded to make auctions for charity through its unique fundraising method. This means everyday people can donate to the charity of their choice starting at just $10.

There are two ways you can enter. One is by donating, while the other option is taking part for no cost. You can enter any contest with no donation, but you earn additional entries based on the amount you give. The more you donate, the more prizes you’ll win.

To donate, go to “Enter Now” from the Experience or Prize page on the website. Select a donation amount and follow the directions to enter your personal information. You may donate as many times as you like. However, there is a maximum Entry limit which varies based on the prize.

For a chance to win for free To enter for free, visit the Experience or Prize page on the website. Click on the “enter without contributing link” and follow the steps. You will need to accomplish an online form. Upon submitting the form, you will be awarded a certain amount of entries. The form can be submitted as many times as you’d like, however, there is a maximum Entry limit.

Omaze has been criticized over its contribution to charity. prize goes to the charity. In the case of expensive prizes, around 10-15 percent of the money is donated to the charity. The company has replied to say that 10% is still an amount that is significant. The remaining donation is used to pay for expenses for marketing and operational costs to keep them running. It is important that people are encouraged to give because of attractive prizes.

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

Donations made on the site are directly donated towards Charities Aid Foundation America (CAF America). It’s a nonprofit organization which has partnered with Omaze in making fundraising easy secure, efficient, and safe. CAFA uses donations to fund grants to charitable organizations.

Omaze Prizes

Omaze offers a wide range of incredible prizesthat they call Experiences. The prizes include luxurious vehicles and dream homes, the possibility to see your favorite celebrity and a once-in-a lifetime journey.

Here are a few examples of past and current prizes provided by Omaze:

  • The chance to win an enviable multimillion dollar Miami dream house
  • A trip to Japan specifically designed for you
  • A memorable safari experience as well as a stay at Giraffe Manor in Kenya
  • A chance to win tickets to two of the very first Virgin Galactic flights to space
  • A private meet and meet and greet featuring Dwayne “The Rock” Johnson
  • A luxury trip to a spa resort in Thailand
  • First-class plane tickets to anywhere in the world
  • Chance to win luxurious cars and a variety of other vehicles

Omaze has a constant stream of new campaigns and enticing prizes. You can check their website to view more prizes , including the prize details. It also provides previous prizes and winners. For contests that have been held previously, you can also see the amount the charity received.

Omaze Where Does The Money Go

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Who was the person who started Omaze?

Omaze was founded at the end of 2012 by Ryan Cummins and Matt Pohlson. According to the website, they got the idea after attending an auction benefitting charity. The auction item was their ideal trip: a basketball game and dining in the company of Magic Johnson. However, the bidding went to the point that they were outbid. The prize ended up raising just $15,000.

They couldn’t comprehend why such a big prize only raised a small amount to support a worthy cause. They also believed that this fundraising model was limited to rich people only. They felt that extraordinary events like this should not be accessible only to a select group of wealthy people.

So they decided to develop an innovative method of fundraising, which would be available to a large variety of people.

This fundraiser would be made available online, so everyone could take part. It wouldn’t take much cash to participate and encourage more participants and help to raise money for the charity.

They also think that charities should feel better about advertising on this platform since it’s for a great cause. Their platform allows charities to reach out to a broader public in a more appealing way to raise funds.

Is Omaze real?

While the company has faced some criticism, it appears that they are indeed legitimate. As of now, they’ve collected more than $100 million for charity and have given out prizes to participants as promised. Many famous celebrities have also supported and advocated to the program.

Several winners have also spoken about the prizes they won. They also have a video on Omaze’s Official Omaze Youtube channel.

Omaze is also accredited by the Better Business Bureau with an A+ rating. Omaze Where Does The Money Go

As a non-profit corporation, Omaze takes around 20% of the donations. Imagine you want all of your donations to go to the non-profit. If that is the scenario, you could decide to donate direct to the nonprofit or charity instead. But the best thing with Omaze is that you get to contribute and, in the process you can receive a wonderful experience. This makes it a great attraction to a larger number of people. If you’re seeking unique experiences Then Omaze is a great opportunity.

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Cost and Price Plans

Omaze lets you donate for just $10. If the amount you donate increases, the percentage of entries increases and the amount equivalent to 1 entry decreases. For instance, a $150 donation equals 2000 entries, which is 1 entry per 7 cents donated. Omaze Where Does The Money Go

Here are the donation amounts that are equivalent to the amount of entry entries

  • $20 = 20 entry
  • $25 = $25 = 125 entries (most sought-after option according to the site)
  • $500 = $50 entries
  • $1200 = $100
  • 150 = 2000 entry

According to Omaze, their company takes approximately 12% to 20% of net profits. These funds are used to pay for operating expenses, including advertising, content creation and processing fees for payments. A majority of the funds go to charity.

To make it more specific, here’s how it differs between celebrity prizes and non-celebrity prizes. For celebrity prizes, which are typically more affordable, sixty percent of prize is given to charities, while 25% goes to Omaze. For higher-end prizes, like vacations, cars or cash, fifteen percent of money goes to charity and 65% to 75 percent is given 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 issues with your transaction You should get in touch with Customer Service as soon as possible.

Customer Service Contact Info

If you have questions, concerns or issues. If so, you may submit your concerns directly to their website through the Support Center and Submit a Request link. You can also access details and frequently asked questions on the Support Center.

Conclusion

Omaze is an online fundraising platform which allows users to make donations to charities to be eligible to win unique prizes as well as experiences. It’s a legitimate organization which has been in operation for several years now. It has assisted numerous charities achieve their goals by making donations for them. Its unique fundraising strategy lets everyone have the chance to gain amazing once-in-a-lifetime experiences.

Omaze is a different method to give to charities. However, it’s received criticism over how much of the money actually is donated to charities. However, it’s understandable since Omaze is a company and is a non-profit company. If you’re looking to simply donate to a charity and make sure 100% goes to them, then donate straight to your charity. But if you’re interested in one of Omaze’s amazing prizes you can donate to Omaze instead. You have the chance to win prizes while also contributing to a great cause.

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FAQS Omaze Where Does The Money Go

  • Where is Omaze located?

Omaze is located within Los Angeles, California.

  • Is my contribution tax-deductible?

All Omaze donations go to Charities Aid FoundatAmerica ion (CAFA). Because CAFA is an US charity, all donations made by US donors using Omaze are tax-deductible. Omaze platform can be tax-deductible as long as the law allows. If, however, your donation comes with an experience reward that is worth more than the perk will be reduced. So if you donate $100 and earn an experience worth 75 dollars, the tax-deductible donation is $25.

  • Do you know of any Omaze frauds?

Even though Omaze has been criticized by numerous people online as a fraud however, the company is completely authentic. It can raise money to benefit the organizations involved and also award participants according to the promises. To ensure your safety be sure to give your money to Omaze’s Omaze official Omaze site only. Verify if the website is genuine or not prior to donating your money.

  • What are the chances of winning?

The more you contribute the greater your chance of winning, as a greater donation equals a greater amount of entries. However, you can still participate without contributing money and still be eligible for a certain number of entries.

  • How can they verify the winner?

Once the contest has closed after the contest has ended, a winner could be randomly chosen using a cryptographically secure random number generator. Following the random drawing process Omaze’s team will complete the process of confirming winners. You may view more details on the procedure through their official website.

  • How do they contact and to announce winners?

An Omaze representative will notify the winner of the contest via email. The potential winner has 24 hours to reply to the email sent. The Omaze may follow up with a scheduled video call as well. Once a potential winner has confirmed and replied to the initial email, they will need to complete the form provided by an Events Team as part of the process of confirming the winner.

Do note Omaze does not reach out to winners via social media, only through email.

  • How does Omaze earn money?

As a for-profit organization, Omaze receives 20% of net raises from their campaigns. To ensure that they are up and running, this fee can be used to fund the operational expenses like advertising, content creation and payment processing fees.

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