Omaze offers an online service that allows users can make donations to charities and have the chance to be the winner of various prizes and experiences. It’s a unique crowdfunding method of raising money. Based on the information provided by the firm, the users have raised more than 150 million dollars and supported more than 350 charities. They have charities all over the world. They are the most reputable non-profit organisations like UNICEF, After-School All-Stars, Julia’s House, Product Red along with 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 can decide what cause they’d like to contribute to. Each contest has its own unique prize, from luxurious automobiles to unique experiences.
Before you continue, you may want to check out this video by The Entrepreneur on YouTube that gives a quick overview. After, you’ll want to read the rest of the article for a more comprehensive review.
How does Omaze function?
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Omaze believes that everyone should have the chance to participate in fundraisers. Traditionally, charities relied on fundraisers where only the wealthy and famous attended. Omaze set out to open up charity auctions through its unique fundraising method. It allows everyday citizens to give to the charity they choose starting at just $10.
You have two options to enter. One is by donating, and the other is by entering for no cost. It is possible to enter any contest without donating however you will earn extra entries depending on the amount you give. The greater your donation is, the more prize entries you’ll get.
To donate, go to “Enter Now” from the Experience or Prize page on the website. Select a donation amount and follow the steps to fill in your details. You can donate as many times as you want. There is however an upper limit on entries which varies based upon the amount of prize.
To enter 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’ll need to fill out a form. When you submit the form, you will be awarded a certain number of entries. The form can be submitted at any time you’d like, however the form has a limit on entries. Entry limit.
Omaze has been criticized about how much of the money goes toward the actual charity. For expensive prizes, only around 10-15 percent of the proceeds go to charity. The company has stated with the statement that 10% still a significant amount. The remainder of the money is used to pay for operational and marketing costs to ensure that they are running. It is important that people are enticed 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 through the site go directly into Charities Aid Foundation America (CAF America). It’s a non-profit organization which has partnered with Omaze in making fundraising easy secure, efficient, and safe. CAFA uses donations to fund grants for charitable organisations.
Omaze provides a range of amazing prizes, which they refer to as experiences. The prizes include luxury cars, dream homes, the possibility to see your favorite celebrity or have a unique journey.
Here are some examples of past and present prizes provided by Omaze:
- A chance to be the owner of the 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
- The chance to win 2 seats for one of the very first Virgin Galactic flights to space
- Private meet and greet featuring Dwayne “The Rock” Johnson
- A luxury 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 offers constantly new promotions and attractive prizes. You can check their website for additional prizes and details. It also provides previous prizes and the winners. For contests that have been held previously you will also be able to see the amount the charity has received.
Who was the person who started Omaze?
Omaze was founded 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 for charity. The auction item was their ideal experience including a basketball game as well as meal with Magic Johnson. However, the bidding went so high that they were outbid. The prize raised only $15,000.
The two didn’t understand why such a big prize only raised a tiny amount to support a worthy cause. They also thought that the fundraising model was limited to those who are wealthy. They felt that extraordinary experiences like this should not be available only to a small number of wealthy people.
So they decided to develop a new kind of fundraising that would be available to a substantial variety of people.
The fundraising will be accessible online, so anyone could participate. It wouldn’t take an enormous amount of cash to participate this event, which could make it easier for more people to participate and raise more money in support of the organization.
They also believe that charitable organizations ought to feel more comfortable marketing themselves through the platform, since it’s an important cause. The platform lets charities connect with a wider audience in an attractive way to raise money.
Is Omaze legit?
While the business has been the subject of some criticism, they appear that they are indeed legitimate. As of now, they’ve raised more than 100 million dollars for charity and have awarded the prizes to the participants in accordance with their promises. Numerous famous personalities have also supported and advocated for the platform.
Many winners have also spoken of the awards they have won. Some are also featured on Omaze’s official Omaze Youtube channel.
Omaze is also accredited by The Better Business Bureau with an A+ rating. Post Road Capital Invests In Omaze
Because it’s a not-for-profit company, Omaze takes around 20 percent of donations. Imagine you want all your contributions going to a non-profit. If that is the scenario, you could decide to donate directly to the non-profit organization or charity instead. However, the fun part with Omaze is that you get to do something positive while in the process getting to get a great experience. This makes it appealing to a wider range of people. If you’re looking for unique experiences, then Omaze is a great chance.
Cost and Price Plans
Omaze lets you donate for starting at just $10. When the amount of donation increases, the proportion of entries also increases, and the amount equivalent to 1 entry decreases. For example $150 is equal to 2000 entries, which means 1 entry per 7 cents that are donated. Post Road Capital Invests In Omaze
Here are the donations amounts that are equivalent to the amount of entry entries
- 10$ = 20 tickets
- $25 = 125 entries (most sought-after option according to the website)
- $500 = $50 entries
- $1200 = $100
- $150 = 2000 entries
According to Omaze the company, they take approximately 12% to 20% of net profits. These funds are used to cover operational costs, such as marketing, content creation, and processing fees. 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 celebrity prizes that are usually more affordable 60percent of prize goes to charity and 25 percent goes to Omaze. For more expensive prizes like cars, vacations, or cash, fifteen percent of amount goes to charity while 65%-75% goes to Omaze.
Omaze is currently unable to provide refunds as the money is donated to charitable causes. If you do have any issues regarding your transactions You should get in touch with Customer Service as soon as possible.
Customer Service Contact Info
Suppose you have any doubts, questions or concerns. In this case you can submit them directly to their site through using the Support Center and Submit a Request link. There is also a wealth of information and answers to frequently asked questions at the Support Center.
Omaze is an online fundraising platform that allows people to donate to charities to be eligible to win prizes that are unique and experiences. It’s a legitimate company which has been in operation for a number of years. It has assisted numerous charities to achieve their goals through raising money for them. The unique fundraising method gives everyone the opportunity to enjoy incredible experiences once in a lifetime.
Omaze is a new method to make a donation to charity. However, it’s been the subject of a lot of criticism for how much money actually goes to charity. However, it’s understandable since Omaze is a business 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 straight to your charity. However, if you’re looking to win the amazing prizes offered by Omaze you can donate to Omaze instead. You have the chance to win a prize while donating to a worthy cause.
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Where is Omaze based?
Omaze is headquartered at Los Angeles, California.
Is my contribution tax-deductible?
All Omaze donations go through Charities Aid FoundatAmerica ion (CAFA). Since CAFA is an US charity and all donations made by US donors through Omaze are tax-deductible. Omaze platform can be tax-deductible as long as the law permits. However, if your contribution comes with an experience perk that is worth more than the perk will be reduced. If you give $100 and receive an experience perk of $75, then your tax-deductible donation would be $25.
Are there any Omaze frauds?
Even though Omaze is being attacked by a lot of people on the internet as a fraud however, the company is completely legit. It can raise money for the charities involved and reward participants in accordance with their promises. To ensure your security, just make sure to donate your money through Omaze’s authentic Omaze website only. Check to make sure the website is fake or not prior to making a donation of your money.
What are the chances of winning?
The more you donate, the higher your chances of winning, as a greater donation equals a greater number of entries. But, you are able to take part without contributing to qualify for a certain number of entries.
How do they confirm a winner?
After the contest is over after the contest has ended, a winner could be randomly selected using an encrypted and secure random-number generator. After the random drawing process, the Omaze team completes the process of confirming winners. You may view more details about the process on their website.
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 reply to the initial email. The Omaze may respond with a planned video call as well. Once a potential winner has responded to and confirmed their initial emails, they must complete the form provided through The Events Team as part of the confirmation process for winners.
Please note Omaze won’t reach out to winners via social media. It will only contact them via email.
How does Omaze earn money?
As a not-for-profit entity, Omaze collects 20% of net increases from their campaigns. To keep them up and running the fee is used to pay for operating expenses, including advertisements, content creation, and processing fees for payments.