Omaze can be described as an online marketplace where people can make donations to charities and have the chance to be the winner of various prizes and experiences. It’s an innovative approach to raising money. Based on the information provided by the firm, the users have raised over 150 million dollars and supported over 350 charities. They have charities all over the world. These charities are renowned non-profit organizations like UNICEF, After-School All-Stars, Julia’s House, Product Red along with Make-A-Wish Foundation.
Donations aren’t required to enter a contest, however, they can earn additional contest entries as well as other perks. The contestants can choose which cause they’d like to contribute to. Every contest comes with its special prize, ranging from luxury cars to unforgettable experiences.
Before you go on, you may want to check out this video by The Entrepreneur on YouTube that gives a quick review. After, you will want to read the rest of the article for a more comprehensive review of Omaze.
How does Omaze work?
When Will Omaze Draw Take Place
Omaze believes that everyone deserves the opportunity to be a part of fundraising. Traditionally, charitable organizations usually depended on fundraising events where only the famous and wealthy were invited to. Omaze wanted to democratize charity auctions through its unique fundraising method. It allows everyday citizens to donate to the charity of their choice starting at just $10.
Two ways to enter. You can donate, or taking part for free. You can enter any contest with no donation however you will earn extra entries based on how much you give. The higher your donation is, the more prize entries you’ll receive.
To make a donation, go to “Enter Now” from the Experience or Prize page on the website. Choose a amount to donate and follow the directions to enter your personal information. You are able to make donations as often as you want. But, there is a maximum Entry limit that varies depending on the 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 directions. You’ll need to fill out a form. Upon submitting the form, you will receive a specific number of entries. You may submit the form as many times as you’d like, however there is a maximum entry limit.
Omaze has been criticized over how much of the money is actually going to charity. For the most expensive prizes, only around 10-15 percent of the proceeds go to charity. The company has responded with the statement that 10% an impressive amount. The rest of the donation is used to cover operational and marketing costs to ensure that they are running. What matters is that people are motivated to donate because of the attractive prizes.
For less expensive prizes The company claims that 60 percent of the donation is given to charities.
Donations made through the website go directly towards 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 to charitable organizations.
Omaze offers a variety of incredible prizes, which they refer to as Experiences. The prizes include luxury cars as well as dream homes, the possibility to see your favourite celebrity, or a once-in-a-lifetime trip.
Here are some examples of past and present prizes that are offered by Omaze:
- Chance to be the owner of the multimillion-dollar Miami dream home
- A trip to Japan curated just for you
- A memorable safari experience and stay at Giraffe Manor in Kenya
- The chance to get tickets to two of the first Virgin Galactic flights to space
- An exclusive meet and greet with Dwayne “The Rock” Johnson
- A luxurious vacation to a wellness resort in Thailand
- First-class plane tickets to anywhere in the world.
- Chance to win luxurious automobiles and other vehicles
Omaze offers constantly new promotions and attractive prizes. Visit their website to view additional prizes and information. Also, you can view previous prizes as well as the winners. For contests that have been held previously, you can also see the amount that the charity has received.
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Who came up with Omaze?
Omaze was created in 2012 by Ryan Cummins and Matt Pohlson. As per the site, they came up with the idea after attending an auction for charity. The auction item was their dream experience: a basketball game and meal in the company of Magic Johnson. The bidding was so high that they ended up being outbid. The prize ended up raising only $15,000.
They couldn’t comprehend why such a huge prize only raised a tiny amount to support a worthy cause. They also thought that the fundraiser was only available to those who are wealthy. They thought that incredible events like this should not be restricted to a select group of wealthy people.
Then they came up with a new kind of fundraising that would be accessible to a significant variety of people.
This fundraiser would be made available online, so everyone could take part. It wouldn’t take a lot of funds to participate and increase participation and raise more money to support the cause.
They believe that charitable organizations should feel better about marketing themselves through the platform, since it’s a great cause. Their platform allows charities to reach out to a broader market in a way that is appealing to raise funds.
Is Omaze legit?
While the company has faced some criticism, they appear that they are indeed legitimate. So far, they have collected more than $100 million for charity and have distributed the prizes to the participants in accordance with their promises. A lot of big-name celebrities have also supported and advocated for the platform.
A number of winners have also talked about the prizes they received. Some are also featured on Omaze’s official Omaze Youtube channel.
Omaze is also certified as a member of Omaze is also accredited by Better Business Bureau with an A+ rating. When Will Omaze Draw Take Place
As a non-profit corporation, Omaze takes around 20 percent of donations. Imagine you want 100% of your donations to be donated to a non-profit. If that is the case, you might decide to donate direct to the nonprofit organization or charity instead. However, the fun part about Omaze is the fact that it allows you to get to contribute and, in the process you can receive a wonderful experience. This makes it appealing to a larger number of people. If you’re interested in once-in-a-lifetime experiences, then Omaze is a fantastic opportunity.
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Cost and Price Plans
Omaze allows you to donate starting at just $10. If the amount you donate increases, the proportion of entries increases and the amount equivalent to 1 entry decreases. For example $150 is equal to 2000 entries. This is one entry for every seven cents donated. When Will Omaze Draw Take Place
Here are the amounts for donations that are equivalent to the amount of entry entries
- $10 = 20 entries
- $25 = 250 entries (most popular option according to the site)
- $50 = 500 entries
- 100$ = 1200 entry
- 150 = 2000 entry
According to Omaze the company, they take about 12%- 20% of net funds. These funds are used to cover operating expenses, including marketing, content creation, and payment processing fees. Around 60%-70% of funds are donated to charities.
To make it more specific This is how it differs between celebrity prizes and non-celebrity prizes. For celebrity prizes that are usually cheaper, sixty percent of prize is given to charities, while 25% goes to Omaze. For more expensive prizes like cars, vacations, or cash fifteen percent of amount goes to charity while 65%-75 percent goes to Omaze.
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Omaze currently does not offer refunds because the donations are for charitable causes. If you do have any issues about your transactions it is recommended to contact Customer Service as soon as possible.
Customer Service Contact Info
Suppose you have any questions, concerns or issues. 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 information and answers to frequently asked questions on the Support Center.
Omaze can be described as an internet-based fundraising platform that allows people to donate to charitable organizations in exchange for the chance to win exclusive prizes as well as experiences. It’s a legitimate company that has been running for a number of years. It has helped numerous charities achieve their goals by raising funds for them. Its unique fundraising strategy gives everyone the opportunity to enjoy amazing once-in-a-lifetime experiences.
Omaze is a new method to donate to charities. However, it has 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 and is a non-profit organization. If your intention is to simply donate to a charity and make sure all proceeds go to them, then you can donate direct to charity. If you’re interested in one of Omaze’s amazing prizes make sure to donate via Omaze instead. It’s a win-win situation since you can win prizes while also contributing to a great cause.
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FAQS When Will Omaze Draw Take Place
Where is Omaze where is it based?
Omaze is based at Los Angeles, California.
Can my tax-deductible contribution be deducted?
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 to the extent the law allows. If, however, your donation is made in conjunction with an experience perk that is worth more than 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 contribution would be $25.
Do you know of any Omaze scams?
While Omaze is being attacked by a lot of people on the internet as a fraud but the business is legit. They can raise funds to benefit the organizations involved and also award participants according to the promises. To protect yourself, just make sure to make your donation through the official Omaze web site. Check to make sure the site is legitimate or not before donating your money.
What are the odds of winning?
The more you give the greater your chance of winning since a higher donation equals a more significant amount of entries. You can however participate without contributing money, which qualifies you for a certain number of entries.
What is the process to confirm the winner?
When the contest has ended after the contest has ended, a winner could be randomly chosen using an encrypted and secure random number generator. After the random drawing process Omaze’s team will complete the confirmation of the winner. There are more details about the procedure through their official website.
How can they get in touch with them? the winners?
An Omaze representative notifies the winner of the contest via email. The potential winner has up to 24 hours to respond to the initial email. The Omaze may contact them with an scheduled video conference, too. After a winner is confirmed and replied to their initial emails, they need to sign paperwork sent to them through the Events Team as part of the confirmation process for winners.
Note Omaze won’t reach out to winners via social media. Instead, it will contact them by email.
How does Omaze earn money?
As a not-for-profit entity, Omaze receives a 20% fee on net increases from their campaigns. To keep them functioning the fee can be used to fund operating expenses, including advertising, content creation and processing fees for payments.