Omaze can be described as an online marketplace where people can donate to charitable causes and get a chance to win various prizes and experiences. It’s an innovative method of raising money. As per the website, its users have raised more than 150 million dollars, and have benefited more than 350 charitable organizations. The charities are spread across the globe. 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 be entered into a contest but they do earn you extra contest entries as well as other perks. Users can decide what charity they want to donate to. Every contest comes with its distinct prize, from luxury automobiles to unique experience.
Before you continue, you may want to watch this video by The Entrepreneur on YouTube that gives a quick overview. After, you will want to read the rest of our article for a more comprehensive review of Omaze.
How does Omaze function?
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Omaze believes that every person deserves the opportunity to be a part of fundraising. Traditionally, charities relied on fundraisers where only the rich and famous were invited to. Omaze set out to open up charity auctions through its unique fundraising method. This means everyday people can donate to the charity they choose starting at just $10.
You have two options you can enter. The first is through donating and the other is by taking part for free. You are able to participate in any contest with no donation and you’ll earn extra entries based on how much you contribute. The higher your donation will result in more prize entries you’ll receive.
To make a donation, click “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 make donations as often as you’d like. But, there is an upper limit on entries which varies based upon the amount of prize.
To be eligible for a free entry To enter for free, visit the Experience or Prize page on the website. Click the “enter without contributing link” and follow the instructions. You’ll be required to complete an online form. When you submit the form, you will receive a specific amount 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 prize goes toward the actual charity. For expensive prizes, only 10 to 15 percent of the money is donated to charity. The company has responded that 10 percent is a significant amount. The remaining donation is used to pay for operational and marketing costs to ensure that they are running. It is important that people are motivated to give because of attractive prizes.
For less expensive prizes The company claims that 60 percent of the prize goes to charity.
Donations made through the website are directly donated towards Charities Aid Foundation America (CAF America). It’s a public charity which has joined forces with Omaze in making fundraising easy, safe, and effective. CAFA uses donations to fund grants for charitable organizations.
Omaze Prizes
Omaze offers a variety of incredible prizesthat they refer to as Experiences. The prizes include luxurious vehicles as well as dream homes, a possibility to see your favorite celebrity or have a unique trip.
Here are a few examples of the past and current prizes that are offered by Omaze:
- The chance to be the owner of an enviable multimillion dollar Miami dream home
- A trip to Japan curated just for you
- A memorable safari experience and stay at Giraffe Manor in Kenya
- A chance to win 2 seats for one of the very first Virgin Galactic flights to space
- Private meet and meet and greet with Dwayne “The Rock” Johnson
- A luxury trip to a wellness resort in Thailand
- First class tickets on planes to anyplace in the world.
- The chance to win luxurious automobiles and other vehicles
Omaze is constantly offering new campaigns and enticing prizes. Visit their website to see more prizes , including the prize details. Also, you can view previous prizes as well as the winners. For previous contests you can also view the amount the charity has received.
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Who came up with Omaze?
Omaze was founded on the 12th of December 2012, by Ryan Cummins and Matt Pohlson. According to the website, they got the idea after they attended an auction benefitting charity. The item that was up for auction was their ideal trip including a basketball game as well as dinner in the company of Magic Johnson. However, the bidding went so high that they were outbid. The prize ended up raising just $15,000.
They couldn’t comprehend why such a big prize only brought in a small amount for a good cause. They also felt that this fundraiser was only available to rich people only. They thought that incredible events like this should not be restricted to a select group of wealthy people.
They decided to create a new kind of fundraising, which would be available to a more significant number of people.
This fundraising would be available on the internet, which means that everyone can participate. It wouldn’t take a lot of money to enter and encourage more participants and help to raise money in support of the organization.
They think that charities should feel better about advertising themselves on the platform, since it’s an excellent cause. The platform lets charities reach out to a broader audience in an attractive way to raise money.
Is Omaze real?
Although the company has received some criticism, it appears that they’re actually legitimate. They have raised more than $100 million for charity , and have distributed the prizes to participants as promised. Numerous famous personalities have also been a part of the campaign and lobbied to the program.
Several winners have also spoken of the awards they received. Some are also featured on Omaze’s Omaze channel. Omaze Youtube channel.
Omaze is also certified by the Better Business Bureau with an A+ rating. Red Echo For Omaze
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 this situation, you may decide to donate direct to the nonprofit or charity instead. But the best thing about Omaze is the fact that it allows you to have the chance to contribute and at the same time you can be awarded a fantastic experience. This makes it a great attraction to a wider range of people. If you’re seeking unique experiences, then Omaze is a fantastic opportunity.
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Cost and Price Plans
Omaze lets you donate for just $10. As the donation amount increases, the proportion of entries increases and the equivalent for 1 entry decreases. For instance $150 is equal to 2000 entries, which means 1 entry for every 7 cents that are donated. Red Echo For Omaze
Here are the donations amounts that are equivalent to the number of entries:
- 10$ = 20 tickets
- $25 = 125 entries (most popular option according to the site)
- $50 = 500 entries
- $100 = 1,200 entries
- $150 = 2000 entries
According to Omaze their business, it takes approximately 12% to 20% of net profits. The money is used to cover expenses for operations, like advertising, content creation and payment processing fees. About 60%-80% of the funds are donated to charities.
To make it more specific, here’s how it differs between celebrity prizes and non-celebrity prizes. For the prizes of celebrities which are generally cheaper, sixty percent of prize goes to the charity, while 25 percent goes to Omaze. For higher-end prizes, like vacations, cars, or cash 15percent of amount goes to charity while 65%-75 percent is given to Omaze.
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Refund Policy
Omaze currently does not provide refunds as donations are made to charitable causes. If you do have any questions regarding your transactions it is recommended to contact Customer Service as soon as possible.
Customer Service Contact Info
If you have doubts, questions, or complaints. In that case you can send them directly to their website via the Support Center and Submit a Request link. There is also a wealth of information and answers to frequently asked questions on the Support Center.
Conclusion
Omaze can be described as an internet-based platform for fundraising that allows people to donate to charitable organizations with the possibility to win prizes that are unique and experience. Omaze is a legitimate business which has been in operation for a number of years. It has helped numerous charities reach their goals by raising money for them. Its unique fundraising strategy lets everyone have the chance to gain incredible experiences once in a lifetime.
Omaze is a new method to make a donation to charity. However, it has received critiques regarding how much actually is donated to charities. However, it’s understandable since Omaze is a commercial enterprise which is a profit-making company. If your goal is to simply donate to a charity and make sure that the entire amount goes to them, then donate directly to the charity instead. 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 have the chance to be the winner of a prize and also donate to a worthy cause.
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FAQS Red Echo For Omaze
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Where is Omaze where is it based?
Omaze is headquartered within Los Angeles, California.
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Can my tax-deductible contribution be deducted?
All Omaze donations go to Charities Aid FoundatAmerica ion (CAFA). Since CAFA is a US charity and all donations made by US donors via the Omaze platform are tax-deductible to the extent the law allows. However, if your contribution comes with an experience-based perk that is worth more than the perk will be reduced. So if you donate $100 and earn an experience perk of $75, then your tax-deductible contribution would be $25.
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Do you know of any Omaze scams?
While Omaze is being criticized by many people online as a scam, the company is totally legitimate. They are able to raise funds for the charities involved and award participants as promised. To ensure your safety be sure to donate your money through the Omaze official Omaze site only. Check to make sure the website is fake or not prior to making a donation of your money.
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What are the chances of winning?
The more you donate the more likely you are of winning, as a greater donation equals a larger amount of entries. But, you are able to take part without contributing to qualify for a certain number of entries.
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How do they confirm that they have a winner?
Once the contest has closed, a potential winner is randomly drawn via an encrypted and secure randomly generated number generator. After the random drawing process Omaze’s team finishes the process of confirming winners. There are more information about the process through their official website.
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How do they contact and the winners?
An Omaze representative will notify the winner of the contest via email. The potential winner has 24 hours to respond to the initial email. The Omaze could contact them with an planned video conference as well. After a winner is confirmed and replied to the initial email, they must complete the form provided from an Events Team as part of the winner confirmation process.
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 money?
As a not-for-profit entity, Omaze is able to collect a 20% fee on net raises from their campaigns. To keep them functioning this amount can be used to fund operational costs, such as advertisements, content creation, and processing fees.