Lawyer Bio : Ranlet S. Bell

Ran is a member of the Tax, Trusts and Estates Practice Group and focuses her practice on tax-exempt organizations and the tax aspects of charitable giving. She regularly works with clients to establish new charitable organizations and to seek recognition of exemption from the Internal Revenue Service. She advises colleges and universities, hospitals and community foundations about a wide variety of issues. She has made presentations for the North Carolina Bar Association and other groups on the subjects of Director and Officer Liability; Nonprofit Tax Requirements and Planned Giving.

Ran continues her commitment to charitable and community organizations in her private life through volunteer and Board work with a variety of other charitable organizations.

Representative Clients and Matters:

• Helped form tax exempt community revitalization organizations to raise funds while lessening the burden of government;
• Assisted a university medical center in creation of a tax exempt research park, and its recognition as a Community Development Corporation (CDC);
• Restructured relationships among nonprofit groups, such as hospitals and their affiliates;
• Worked with families and donors to establish private foundations, supporting organizations, religious ministries and other new charities;
• Advised on the formation of museums as well as the organization and operation of various arts organizations;
• Advised on various complex issues such as the receipt and management of assets received through planned giving from estates and executors, and the making of grants to foreign organizations;
• Routinely advises non-profit Continuing Care Retirement Communities (CCRC’s) and other charities regarding their by-laws, organization and governance;
• Routinely advises 501(c)(3) charitable organizations about the preparation of the IRS Form 1023 and Form 990.