Omaze can be described as an online marketplace on which users can give to charities and get a chance to win various prizes and experiences. It’s a unique crowdfunding method of raising money. According to the company, its users have raised over 150 million dollars and supported more than 350 charities. These charities are located 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 aren’t necessary to be entered into a contest however, they can earn additional contest entries, as well as other benefits. Users can decide what cause they’d like to contribute to. Every contest comes with its own distinct prize, from luxury automobiles to unique experiences.
Before you continue, you may want to watch 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 of Omaze.
How does Omaze function?
Will Kassoy At Omaze
Omaze believes that everyone deserves the opportunity to participate in fundraisers. Traditionally, charitable organizations usually relied on fundraisers where only the famous and wealthy were invited to. Omaze set out to open up auctions for charity through its unique fundraising method. It allows everyday citizens to give to the charity they choose for as low as $10.
You have two options you can enter. One is by donating, while the other option is participating for free. You can enter any contest without donating and you’ll earn extra entries based on how much you give. The greater your donation will result in more prizes you’ll win.
To donate, go to “Enter Now” from the Experience or Prize page on the website. Select a donation amount and follow the instructions to enter your personal information. You can give as many times as you’d like. There is however a maximum Entry limit which varies based what prize you win.
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. After submitting the form you will receive a specific number of entries. The form can be submitted multiple times as you like, but again there is a maximum entry limit.
Omaze has received some criticism over its contribution to charity. prize goes toward the actual charity. For expensive prizes, only about 10-15 percent of the donation goes to charity. The company has responded to say that 10% is still an impressive amount. The remaining donation will be used to pay expenses for marketing and operational costs to continue to run the business. The most important thing is that people are enticed to contribute due to the attractive prizes.
For prizes with lower costs, the company reports that 60% of the money goes to charity.
Donations made through the site are directly donated to Charities Aid Foundation America (CAF America). It’s a non-profit organization that has partnered with Omaze to make fundraising simple as well as safe and efficient. CAFA utilizes donations to help fund grants for charitable organizations.
Omaze offers a wide range of incredible prizes, which they call Experiences. These prizes include luxurious cars as well as dream homes, a chance to meet your favourite celebrity or have a unique trip.
Here are a few examples of the past and current prizes offered by Omaze:
- The chance to win the multimillion-dollar Miami dream home
- A vacation in Japan specifically designed for you
- An unforgettable safari 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 meet and greet for Dwayne “The Rock” Johnson
- A luxurious trip to a spa resort in Thailand
- First-class plane tickets to anywhere in the world
- A chance to win luxury automobiles and other vehicles
Omaze is constantly offering new promotions and attractive prizes. Check their website to view more prizes , including the prize details. It also provides previous prizes and winners. For previous contests, you can also see how much the charity received.
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Who started Omaze?
Omaze was launched at the end of 2012 by Ryan Cummins and Matt Pohlson. As per the site, they got the idea after they attended an auction for charity. The item up for bidding was their dream experience which included a basketball match and dinner together 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 small amount to support a worthy cause. They also thought that the fundraiser was only available to wealthy people only. They felt that extraordinary experiences like this should not be accessible only to a small number of wealthy individuals.
So they decided to develop an innovative method of fundraising that would be available to a substantial variety of people.
The fundraising will be accessible on the internet, which means that everyone can take part. Participants wouldn’t require much funds to participate this event, which could increase participation and raise more funds in support of the organization.
They think that charities should feel better about advertising on the platform, since it’s an important cause. Their platform allows charities to reach out to a broader market in a way that is appealing to raise money.
Is Omaze real?
Although the company has received some criticism, they appear that they’re legitimate. So far, they have raised over $100 million for charity , and have given out prizes to participants as promised. A lot of big-name celebrities have also been a part of the campaign and lobbied for the platform.
A number of winners have also talked of the awards they have received. They also have a video on Omaze’s Official Omaze Youtube channel.
Omaze is also certified as a member of The Better Business Bureau with an A+ rating. Will Kassoy At Omaze
Since it’s a for-profit organization, Omaze takes around 20 percent of donations. If you wish to have 100% of your donations to go to the non-profit. In this scenario, you could consider donating directly to the non-profit organization or charity instead. But the best thing with Omaze can be that you get to contribute and in the process getting to receive a wonderful experience. This makes it very appealing to a broader number of people. If you’re looking for unique experiences, then Omaze is an excellent opportunity.
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Cost and Price Plans
Omaze lets you donate for starting at just $10. If the amount you donate increases, the number of entries increases and the value of one entry decreases. For instance $150 is equal to 2000 entries, which is 1 entry per 7 cents given. Will Kassoy At Omaze
Here are the donation amounts with the equivalent number of entries:
- 10$ = 20 tickets
- $25 = $25 = 125 entries (most popular option according to the site)
- $50 = 500 entries
- 100$ = 1200 entry
- $150 = 2000 entries
According to Omaze their business, it takes approximately 12% to 20% of net funds. These funds are used to cover 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 celebrity prizes and non-celebrity prizes. For the prizes of celebrities which are generally cheaper 60percent of money goes to charity, while 25 percent goes to Omaze. For prizes that are more costly, such as cars, vacations, or cash 15% of the amount goes to charity while 65%-75 percent goes to Omaze.
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Omaze currently doesn’t provide refunds as the money is donated to charitable causes. If you do have any concerns about 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 them directly to their site through their Support Center and Submit a Request link. You can also access details and frequently asked questions on the Support Center.
Omaze can be described as an internet-based fundraising platform that allows people to donate to charities in exchange for the chance to win unique prizes and experiences. Omaze is a legitimate business that has been running for several years now. It has helped numerous charities achieve their goals by raising money for them. Its unique fundraising strategy lets everyone have the opportunity to experience incredible experiences once in a lifetime.
Omaze is a different way to give to charities. It has however, received a lot of criticism over how much of the money actually goes to charity. However, it’s understandable since Omaze is a company and is a non-profit organization. If your intention is to donate money 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 one of Omaze’s amazing prizes make sure to donate via Omaze instead. You get the chance to win a prize while donating to a worthy cause.
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FAQS Will Kassoy At Omaze
Where is Omaze where is it based?
Omaze is based in Los Angeles, California.
Can my tax-deductible contribution be deducted?
All Omaze donations go to Charities Aid FoundatAmerica ion (CAFA). Because CAFA is a US charity and all donations made by US donors using the Omaze platform are tax-deductible in the amount the law permits. If, however, your donation is made in conjunction with an experience reward then the value of the experience perk will be deducted. If you give $100 and get an experience perk of 75 dollars, the tax-deductible contribution would be $25.
Do you know of any Omaze frauds?
Although Omaze has been criticized by numerous people online as a fraud, the company is totally legitimate. They can raise funds for the charities involved and reward participants in accordance with their promises. To ensure your security ensure that you make your donation through Omaze’s official Omaze web site. Check to make sure the website is genuine or not before donating your money.
What are the odds of winning?
The more you give, the higher your chances 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.
How do they confirm the winner?
Once the contest has closed after the contest has ended, a winner could be randomly drawn via a cryptographically secure random-number generator. After the random draw process Omaze’s team finishes the process of confirming winners. You may view more information about the procedure through their official website.
How do they contact and to announce winners?
An Omaze representative informs the potential winner via email. The winner is given 24 hours to respond to the email sent. The Omaze may respond with a planned video conference, too. Once a potential winner has responded to and confirmed an initial message, they will need to accept the paperwork provided to them by The Events Team as part of the confirmation process for winners.
Note Omaze does not contact the winners through social media. Instead, it will contact them by email.
How does Omaze earn its money?
As a not-for-profit entity, Omaze collects 20% of net increases from their campaigns. To ensure they stay functioning, this fee can be used to fund operational costs, such as advertising, content creation, and payment processing fees.