Omaze can be described as an online marketplace on which users can give to charities and get a chance to be the winner of various prizes and experiences. It’s an innovative method of raising money. According to the company, the users have raised over 150 million dollars and have supported over 350 charities. They have charities across the globe. These charities are renowned non-profit organizations like UNICEF, After-School All-Stars, Julia’s House, Product Red, and Make-A-Wish Foundation.
Donations are not required to enter a contest, but they do earn you extra contest entries and other perks. The contestants can choose which charity they would like to donate to. Each contest has its own distinct prize, from luxury cars to once-in-a-lifetime experience.
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 our article for a more comprehensive review.
How does Omaze function?
What’S The Deal With Omaze?
Omaze believes that every person should have the chance to be a part of fundraising. Traditionally, charitable organizations usually relied on fundraising events that only the famous and wealthy attended. Omaze was founded to make auctions for charity through its unique fundraising model. This means everyday people can make a donation to the charity of their choice starting at just $10.
There are two ways to enter. You can donate, while the other option is entering for free. You are able to participate in any contest for free, but you earn additional entries based on the amount you donate. The more you donate is, the more prizes you’ll win.
To donate, click “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 can make donations as often as you’d like. However, there is a maximum Entry limit which varies based upon the amount of prize.
For a chance to win for free To enter for free, visit the Experience or Prize page on the website. Select the “enter without contributing link” and follow the steps. You’ll need to fill out the form. After submitting the form you will receive a particular amount of entries. You may submit the form as many times as you like, but again, you will be subject to a certain entry limit.
Omaze has received some criticism over its contribution to charity. donation goes to the charity. In the case of expensive prizes, 10 to 15 percent of the donation goes to charity. The company has stated that 10 percent is still a significant amount. The remaining donation is used to pay for operational and marketing costs to keep them running. It is important that people are enticed to contribute due to the attractive prizes.
For less expensive prizes, the company reports that 60% of the money is given to charities.
Donations made on the site directly go to Charities Aid Foundation America (CAF America). It’s a public charity which has joined forces with Omaze in making fundraising easy secure, efficient, and safe. CAFA makes use of donations to pay grants to charitable organizations.
Omaze Prizes
Omaze offers a variety of amazing prizes, which they refer to as experiences. These prizes include luxurious cars and dream homes, the chance to meet your favorite celebrity, or a once-in-a-lifetime trip.
Here are a few examples of past and present prizes provided by Omaze:
- A chance to be the owner of a multimillion-dollar Miami dream home
- A vacation in Japan specially designed for you
- An unforgettable safari and stay at Giraffe Manor in Kenya
- A chance to get two seats on one of the very first Virgin Galactic flights to space
- A private meet and greet for Dwayne “The Rock” Johnson
- A luxurious vacation to a wellness resort in Thailand
- First-class plane tickets to anywhere in the world
- The chance to win luxurious vehicles and other vehicles
Omaze has a constant stream of new campaigns and enticing prizes. You can check their website for additional prizes and details. It also provides previous prizes and winners. For previous contests you will also be able to see the amount the charity received.
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Who was the person who started Omaze?
Omaze was founded at the end of 2012 through Ryan Cummins and Matt Pohlson. According to the website, they had the idea after attending an auction benefitting charity. The item up for bidding was their dream experience including a basketball game as well as dinner in the company of Magic Johnson. But, the bidding was so high that they ended up being outbid. The prize was just $15,000.
They couldn’t comprehend the reason why a prize of this magnitude only brought in a small amount for a good cause. They also believed that this fundraising model was limited to those who are wealthy. They believed that amazing experiences such as this shouldn’t be available only to a few wealthy individuals.
So they decided to develop an innovative method of fundraising that would be accessible to a large number of people.
This fundraising would be available on the internet, which means that everyone can participate. Participants wouldn’t require an enormous amount of money to enter, which would encourage more participants and help raise more funds in support of the organization.
They also think that charities should feel better about advertising on this platform because it’s a great cause. Their platform allows charities to communicate with a larger public in a more appealing way to raise more funds.
Is Omaze real?
Although the company has received some criticism, they appear that they are indeed legitimate. As of now, they’ve raised more than 100 million dollars for charity and have given out prizes to the participants in accordance with their promises. Numerous famous personalities have also supported and advocated for the platform.
A number of winners have also talked about the prizes they won. They also have a video on their Official Omaze Youtube channel.
Omaze is also accredited by Omaze is also accredited by Better Business Bureau with an A+ rating. What’S The Deal With Omaze?
As a non-profit corporation, Omaze takes around 20% of the donations. Suppose you want 100% of your donations to be donated to a non-profit. In that situation, you may consider donating directly to the non-profit or charity instead. But the best thing of Omaze can be that you have the chance to make a difference and at the same time getting to be awarded a fantastic experience. This makes it appealing to a larger number 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 make donations for as low as $10. When the amount of donation increases, the percentage of entries increases and the amount equivalent to 1 entry decreases. For instance, a $150 donation equals 2000 entries. This is 1 entry for every 7 cents given. What’S The Deal With Omaze?
Here are the donations amounts with the equivalent quantity of entries
- $10 = 20 entries
- $25 = $25 = 125 entries (most well-liked option, according to the site)
- $500 = $50 entries
- $1200 = $100
- $1000 = 2000 entries
According to Omaze the company, they take about 12%- 20% of net funds. These funds are used to cover operational costs, such as marketing, content creation, and processing fees. About 60%-80% of the funds are donated to charities.
To make it more specific Here’s the difference between celebrity prizes and non-celebrity prizes. For celebrity prizes that are usually more affordable, sixty percent of prize goes to the charity and 25% goes to Omaze. For more expensive prizes like automobiles, vacations, or cash 15percent of money goes to charity and 65% to 75% goes to Omaze.
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Refund Policy
Omaze is currently unable to provide refunds as donations are made to charitable causes. However, if you encounter any issues regarding your transactions it is recommended to contact Customer Service as soon as possible.
Customer Service Contact Info
If you have any concerns, queries, issues or concerns. In that case you can send your concerns directly to their website via their Support Center and Submit a Request link. You can also access details and frequently asked questions at the Support Center.
Conclusion
Omaze is an online platform for fundraising that allows people to donate to charities with the possibility to win exclusive prizes and experiences. Omaze is a legitimate business that has been operating for many years. It has helped various charities achieve their goals by raising money for them. Its unique fundraising model lets everyone have the opportunity to experience unforgettable experiences that will last a lifetime.
Omaze is a different way to make a donation to charities. However, it’s received critiques regarding how much actually goes to charity. It’s understandable, since Omaze is a business, so it’s a for-profit company. If you’re looking to just donate money to a charity and make sure all proceeds go to them, then you can donate directly to the charity instead. If you’re interested in one of Omaze’s fabulous prizes, then donate through Omaze instead. You can win a prize while donating to a worthy cause.
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FAQS What’S The Deal With Omaze?
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Where is Omaze located?
Omaze is headquartered in Los Angeles, California.
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Can my tax-deductible contribution be deducted?
All Omaze donations go through Charities Aid FoundatAmerica ion (CAFA). Since CAFA is a US charity and all donations made by US donors using 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, the value of the perk will be subtracted. If you give $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?
Although Omaze is being attacked by numerous people online as a scam however, the company is completely legit. They are able to raise funds to benefit the organizations involved and also award participants according to the promises. To ensure your safety be sure to give your money to the authentic Omaze website only. Double-check to see if the site is legitimate or not prior to donating your money.
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What are the odds of winning?
The more you donate, the higher your chances of winning because a larger donation equals a more significant number of entries. But, you are able to enter without contributing, which qualifies you for a set amount of entries.
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How do they confirm a winner?
When the contest has ended, a potential winner is randomly drawn via a cryptographically secure random number generator. After the random drawing process Omaze’s team will complete the confirmation of the winner. You may view more details about the procedure at their site.
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How do they reach them and announce winners?
An Omaze representative informs the potential winner via email. The potential winner has up to 24 hours to reply to the initial email. The Omaze can follow up with a scheduled video conference as well. Once a potential winner has been confirmed and responded to the initial email, they must sign paperwork sent to them from the Events Team as part of the confirmation process for winners.
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 make money?
As a for-profit organization, Omaze collects 20% of net raises from their campaigns. To ensure that they are operating this amount is used to pay for operational costs, such as advertisements, content creation, and processing fees.