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 approach to raising money. Based on the information provided by the firm, its users have raised over 150 million dollars and supported over 350 charitable organizations. The charities are spread all over the world. These charities are major credited non-profit organisations like UNICEF, After-School All-Stars, Julia’s House, Product Red, and Make-A-Wish Foundation.
Donations aren’t required to participate in a contest, however, they can earn additional contest entries, as well as other benefits. Users are able to choose the charity they would like to donate to. Every contest comes with its own distinct prize, from luxury cars to once-in-a-lifetime experiences.
Before you continue, you may want to check out this video by The Entrepreneur on YouTube that gives a quick review. Afterward, you’ll want to read the rest of the article for a more comprehensive review.
What is the process behind Omaze work?
Omaze Wikipedia
Omaze believes that every person deserves the opportunity to participate in fundraisers. Traditionally, charitable organizations usually depended on fundraising events where only the famous and wealthy attended. Omaze wanted to democratize auctions for charity through its unique fundraising method. This means everyday people can make a donation to the charity they choose for as little as $10.
You have two options to enter. You can donate, and the other is by taking part for no cost. You can enter any contest for free however you will earn extra entries based on how much you donate. The greater your donation is, the more prizes you’ll win.
To donate, simply click “Enter Now” from the Experience or Prize page on the website. Select a donation amount and follow the directions to provide your information. You may make donations as often as you want. However, there is a maximum Entry limit which varies based what prize you win.
To be eligible for a free entry, go to the Experience or Prize page on the website. Click on the “enter without contributing link” and follow the steps. You’ll need to fill out an online form. Upon submitting the form, you will receive a specific amount of entries. The form can be submitted as many times as you like, but again, the form has a limit on entries. Entry limit.
Omaze has faced criticism over how much of the prize goes to the charity. For expensive prizes, only 10 to 15 percent of the proceeds go to charity. The company has stated to say that 10% is a significant amount. The rest of the donation is used to cover expenses for marketing and operational costs to keep them running. What matters is that people are enticed to give because of attractive prizes.
For prizes that are less costly, the company reports that 60 percent of the prize is given to charities.
Donations made on the site are directly donated towards Charities Aid Foundation America (CAF America). It’s a non-profit organization that has partnered with Omaze in making fundraising easy, safe, and effective. CAFA uses donations to fund grants for charitable organisations.
Omaze Prizes
Omaze offers a variety of amazing prizes, which they refer to as Experiences. The prizes include luxurious vehicles and dream homes, a opportunity to get to know your favourite celebrity, or a once-in-a-lifetime travel experience.
Here are some examples of the previous and current prizes provided by Omaze:
- Chance to take home an enviable multimillion dollar Miami dream home
- A trip to Japan specifically designed for you
- A memorable safari experience as well as a stay at Giraffe Manor in Kenya
- The chance to get two seats on one of the very first Virgin Galactic flights to space
- An exclusive meet and greet featuring Dwayne “The Rock” Johnson
- A luxurious trip to a wellness retreat in Thailand
- First class plane tickets to any destination in the world.
- Chance to win luxurious cars and a variety of other vehicles
Omaze offers constantly new campaigns and enticing prizes. Check their website to view more prizes with the information. You can also see previous prizes as well as the winners. For contests that have been held previously, you can also see the amount the charity received.
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Who came up with Omaze?
Omaze was created in 2012 through Ryan Cummins and Matt Pohlson. According to the website, they got the idea after attending an auction for charity. The auction item was their ideal experience: a basketball game and dining together with Magic Johnson. But, the bidding was so high that they ended up being outbid. The prize ended up raising only $15,000.
The two couldn’t figure out the reason why a prize of this magnitude only raised a tiny amount for a great cause. They also believed that this method of fundraising was restricted to wealthy people only. They believed that amazing experiences like this should not be accessible only to a select group of wealthy individuals.
They decided to create an innovative method of fundraising that could be accessible to a significant variety of people.
This fundraising would be available online, so everyone could take part. Participants wouldn’t require an enormous amount of money to enter, which would make it easier for more people to participate and raise more money to support the cause.
They believe that charitable organizations ought to feel more comfortable advertising on this platform because it’s a great cause. Their platform allows charities to reach out to a broader market in a way that is appealing to raise more funds.
Is Omaze real?
Although the company has received some criticism, it appears that they’re actually legitimate. So far, they have raised over $100 million for charity , and have awarded the prizes promised to participants. A lot of big-name celebrities have also been a part of the campaign and lobbied on behalf of the organization.
Several winners have also spoken regarding the prize they have won. They are also featured on Omaze’s official Omaze Youtube channel.
Omaze is also certified with the Better Business Bureau with an A+ rating. Omaze Wikipedia
As a non-profit corporation, Omaze takes around 20% of the donations. Suppose you want all your contributions to go to the non-profit. In that case, you might decide to donate direct to the nonprofit organization or charity instead. But the best thing with Omaze is the fact that it allows you to are able to make a difference and at the same time getting to get a great experience. This makes it very appealing to a broader number of people. If you’re seeking unique experiences, then Omaze is a great chance.
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Cost and Price Plans
Omaze lets you donate for starting at just $10. If the amount you donate increases, the proportion of entries increases and the value of one entry decreases. For example $150 is equal to 2000 entries, which means 1 entry for every 7 cents donated. Omaze Wikipedia
Here are the amounts for donations that are equivalent to the number of entries:
- 10$ = 20 tickets
- $25 = $25 = 125 entries (most popular option according to the website)
- $500 = $50 entries
- $100 = 1,200 entries
- $150 = 2000 entries
According to Omaze, their company takes around 12%-20% of the net earnings. These funds are used to pay for operational costs, such as advertising, content creation and payment 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 the prizes of celebrities which are generally cheaper, 60percent of prize goes to charity, while 25 percent is given to Omaze. For prizes that are more costly, such as cars, vacations, or cash 15percent of amount goes to charity while 65%-75 percent goes 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 questions about your transactions it is recommended to contact Customer Service as soon as possible.
Customer Service Contact Info
If you have queries, issues or issues. If so you can submit your concerns directly to their website via the Support Center and Submit a Request link. You can also access information and answers to frequently asked questions at the Support Center.
Conclusion
Omaze is an online platform for fundraising that lets people donate to charitable organizations with the possibility to win prizes that are unique as well as experiences. It’s a legitimate company that has been running for many years. It has assisted numerous charities reach their goals by raising money for them. Its unique fundraising model gives everyone the chance to gain unforgettable experiences that will last a lifetime.
Omaze is a new method to give to charity. However, it’s received a lot of criticism over how much of the money actually is donated to charities. However, it’s understandable since Omaze is a commercial enterprise, so it’s a for-profit company. If your intention is to just donate money to a charity and make sure that all proceeds go to them, then donate directly to the charity instead. However, if you’re looking to win one of Omaze’s amazing prizes make sure to donate via Omaze instead. It’s a win-win since you can win a prize while donating to a great cause.
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FAQS Omaze Wikipedia
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Where is Omaze based?
Omaze is headquartered in Los Angeles, California.
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Does my contribution count as tax-deductible?
All Omaze donations are made 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 in the amount the law permits. However, if your contribution is made in conjunction with an experience-based perk then the value of the perk will be subtracted. For example, if you make a donation of $100 and receive an experience perk of 75 dollars, the tax-deductible donation would be $25.
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Are there any Omaze scams?
Even though Omaze is being criticized by numerous people online as a fraud, the company is totally legitimate. They are able to raise funds for charities and reward participants in accordance with their promises. To ensure your safety ensure that you make your donation through Omaze’s official Omaze web site. Check to make sure the website is genuine or not prior to making a donation of your money.
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What are the odds of winning?
The more you give, the higher your chances of winning, as a greater donation equals a greater number of entries. However, you can still participate without contributing money and still be eligible for a specific amount of entries.
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How do they confirm that they have a winner?
When the contest has ended, a potential winner is randomly selected using an encrypted and secure random-number generator. After the random drawing process Omaze’s team will complete the winner confirmation process. There are more details on the procedure at their site.
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How do they contact and to announce winners?
An Omaze representative notifies the potential winner via email. The potential winner has up to 24 hours to respond to the initial email. The Omaze may contact them with an planned video call as well. After a winner is been confirmed and responded to the initial email, they must complete the form provided from the Events Team as part of the process of confirming the winner.
Do note that Omaze will never contact winners via social media. Instead, it will contact them by email.
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How does Omaze earn its money?
As a not-for-profit entity, Omaze is able to collect 20% of net raises from their campaigns. To keep them functioning the fee can be used to fund operating expenses, including advertising, content creation and processing fees.
