Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2015
Open to Public Inspection
For calendar year 2015, or tax year beginning 01-01-2015 , and ending 12-31-2015
Name of foundation
FUND FOR INDIVIDUAL POTENTIAL CO FIDUCIARY
 
Number and street (or P.O. box number if mail is not delivered to street address)280 PARK AVENUE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY10017
A Employer identification number

26-6112299
B Telephone number (see instructions)

(212) 632-3000
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$38,828,780J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 706,480 689,847  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,259,265
b Gross sales price for all assets on line 6a 9,714,543
7 Capital gain net income (from Part IV, line 2)... 1,259,265
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 41,161 -764,517  
12 Total. Add lines 1 through 11........ 2,006,906 1,184,595  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 243,270 194,616   48,654
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule)......... Click to see attachment 9,281 7,425 0 1,856
b Accounting fees (attach schedule)....... Click to see attachment 3,000 2,400 0 600
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 34,334 10,985   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment 1,345 450   895
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 291,230 215,876 0 52,005
25 Contributions, gifts, grants paid....... 500,000 500,000
26 Total expenses and disbursements. Add lines 24 and 25 791,230 215,876 0 552,005
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,215,676
b Net investment income (if negative, enter -0-) 968,719
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2015)
Form 990-PF (2015)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 2,326,995 2,780,104 2,780,104
2 Savings and temporary cash investments.........      
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 942,051    
b Investments—corporate stock (attach schedule)....... 23,046,083 Click to see attachment21,691,370 28,340,555
c Investments—corporate bonds (attach schedule)....... 3,506,011 Click to see attachment7,432,050 7,443,595
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 965,103 Click to see attachment435,554 264,526
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 30,786,243 32,339,078 38,828,780
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable..................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 30,786,243 32,339,078
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 30,786,243 32,339,078
31 Total liabilities and net assets/fund balances (see instructions). 30,786,243 32,339,078
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year’s return) ...............
1
30,786,243
2
Enter amount from Part I, line 27a .....................
2
1,215,676
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
444,554
4
Add lines 1, 2, and 3 ..........................
4
32,446,473
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
107,395
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
32,339,078
Form 990-PF (2015)
Form 990-PF (2015)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1 a 5775. EXPRESS SCRIPTS HOLDING CO   2013-03-08 2015-01-13
b 125. EXPRESS SCRIPTS HOLDING CO   2014-02-10 2015-01-13
c 375. EXPRESS SCRIPTS HOLDING CO   2014-02-10 2015-01-14
d 300000. FEDERAL FARM CREDIT BANK BD DTD 2/5/2009 3.45% 2/5/2015   2011-04-21 2015-02-05
e 2100. CATERPILLAR INC   2011-07-22 2015-02-25
3500. CATERPILLAR INC   2013-12-30 2015-02-25
100000. THERMO FISHER SCIENTIFIC INC SR NT DTD 5/27/2005 5% 6/1/2015   2011-04-21 2015-03-09
1700. INTERNATIONAL BUSINESS MACH CORP   2013-11-07 2015-03-12
3700. ROCKWELL INTL CORP NEW   2014-02-14 2015-03-13
150000. NEW YORK ST DORM AUTH ST PERS TAX REV SER C DTD 1/10/2008 5% 3   2011-04-21 2015-03-16
.7275 BECTON DICKINSON & CO   2015-03-17 2015-03-17
.69 ACTAVIS PLC   2015-03-17 2015-03-17
4300. ALLERGAN INC COM   2014-03-14 2015-03-18
7075. CAREFUSION CORP   2014-02-28 2015-03-18
1000. AMERICAN EXPRESS CO   2012-12-11 2015-04-06
549. BECTON DICKINSON & CO   2015-03-17 2015-04-06
1475. BORG WARNER AUTOMOTIVE INC.   2012-05-02 2015-04-06
2000. DIAGEO PLC SPONSORED ADR NEW   2013-12-20 2015-04-06
5000. FLOWSERVE CORP   2013-12-17 2015-04-06
30. MASTERCARD INC-CLASS A   2014-06-10 2015-04-06
4000. ROCHE HLDG LTD SPONSORED ADR   2013-11-29 2015-04-06
1000. THERMO ELECTRON CORP   2011-04-21 2015-04-06
26. VERIZON COMMUNICATIONS   2014-02-24 2015-04-06
225000. NEW YORK ST GO REF CALL SER C DTD 3/16/2005 5% 4/15/2016   2011-04-21 2015-04-20
307. AMAZON COM INC   2014-02-28 2015-04-30
2000. AMERICAN EXPRESS CO   2011-08-03 2015-04-30
3050. DIAGEO PLC SPONSORED ADR NEW   2011-10-17 2015-04-30
150. ISHARES MSCI EMERGING MARKETS ETF   2013-01-04 2015-04-30
.7928 GOOGLE INC CL C   2014-05-01 2015-05-04
200. AMAZON COM INC   2011-11-17 2015-05-07
660. STRATASYS LTD   2014-05-30 2015-05-07
2000. STRATASYS LTD   2014-04-16 2015-05-07
300000. MASCO CORP SR NT DTD 6/10/2005 4.8% 6/15/2015   2011-04-21 2015-06-15
100000. CISCO SYS INC SR NT DTD 11/17/2009 4.45% 1/15/2020   2011-04-21 2015-07-30
200000. WAL MART STORES INC SR NT DTD 1/23/2009 4.125% 2/1/2019   2011-04-21 2015-07-30
150000. GENERAL ELECTRIC CO SR NT DTD 9/16/2010 4.375% 9/16/2020   2011-04-21 2015-08-04
150000. MICROSOFT CORP DTD 5/18/2009 4.2% 6/1/2019   2011-04-21 2015-08-04
1525. CUMMINS ENGINE INC   2013-11-21 2015-08-17
7000. BORG WARNER AUTOMOTIVE INC.   2012-12-18 2015-08-24
600. NIKE INC. CL B   2012-10-10 2015-08-26
50000. BERKSHIRE HATHAWAY INC SR NT DTD 2/11/2013 1.55% 2/9/2018   2015-07-29 2015-09-25
1784. ISHARES IBOXX $ HIGH YIELD CORP BOND ETF   2015-08-11 2015-09-28
3280. QUALCOMM INC   2013-11-07 2015-11-04
20169.851 FRANKLIN STRATEGIC MORTGAGE PORTFOLIO DTD 2/1/1993   2015-08-19 2015-11-18
1100. CUMMINS ENGINE INC   2013-06-27 2015-11-25
1225. CUMMINS ENGINE INC   2013-06-27 2015-11-25
7812.5 FRANKLIN CUSTODIAN FDS US GOVT ADV CL   2015-08-18 2015-11-25
300000. GOVT NATL MORTGAGE ASSO SER 2009-65 PB DTD 8/1/2009 5% 8/20/20   2011-04-21 2015-11-25
3500. ORACLE SYS CORP   2015-06-19 2015-12-02
3280. QUALCOMM INC   2012-06-28 2015-12-02
3250. CYTEC INDS INC   2014-08-05 2015-12-10
4725. CABOT OIL & GAS CORP CL A   2014-07-11 2015-12-18
10755.00008 CABOT OIL & GAS CORP CL A   2015-11-06 2015-12-18
2394.99992 CABOT OIL & GAS CORP CL A   2015-11-06 2015-12-18
240. CHIPOTLE MEXICAN GRILL CL A   2015-06-30 2015-12-22
100000. UNITED STATES TREASURY NOTE DTD 10/31/2015 1.875% 10/31/2022   2015-11-25 2015-12-23
9000. MARATHON OIL CORP   2014-06-12 2015-12-28
CAPITAL GAIN DIVIDENDS P    
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 480,796   279,970 200,826
b 10,407   9,321 1,086
c 31,276   27,962 3,314
d 300,000   312,563 -12,563
e 178,948   227,468 -48,520
298,300   319,973 -21,673
101,130   109,625 -8,495
268,164   303,669 -35,505
412,152   358,590 53,562
150,000   150,000  
103   103  
212   212  
1,041,245   407,098 634,147
424,500   223,720 200,780
79,074   54,772 24,302
76,856   77,722 -866
89,759   60,179 29,580
225,287   202,693 22,594
282,437   261,907 20,530
2,589   2,317 272
139,537   140,275 -738
132,403   56,520 75,883
1,286   1,215 71
225,000   225,000  
130,288   80,042 50,246
154,497   99,040 55,457
339,411   237,274 102,137
6,458   6,476 -18
427   419 8
85,363   40,700 44,663
23,257   61,196 -37,939
70,476   218,051 -147,575
300,000   299,250 750
109,312   103,279 6,033
215,020   206,720 8,300
163,850   147,098 16,752
163,508   155,946 7,562
194,251   190,561 3,690
309,044   246,817 62,227
63,104   28,427 34,677
50,279   50,265 14
148,087   154,299 -6,212
197,607   195,809 1,798
190,000   190,605 -605
109,507   122,902 -13,395
122,057   123,306 -1,249
50,000   50,156 -156
336,469   310,344 26,125
136,361   147,799 -11,438
173,264   175,693 -2,429
244,563   164,116 80,447
72,836   160,547 -87,711
165,788   239,866 -74,078
36,919   53,417 -16,498
119,512   144,717 -25,205
98,754   99,117 -363
117,632   352,114 -234,482
      174,936
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a       200,826
b       1,086
c       3,314
d       -12,563
e       -48,520
      -21,673
      -8,495
      -35,505
      53,562
       
       
       
      634,147
      200,780
      24,302
      -866
      29,580
      22,594
      20,530
      272
      -738
      75,883
      71
       
      50,246
      55,457
      102,137
      -18
      8
      44,663
      -37,939
      -147,575
      750
      6,033
      8,300
      16,752
      7,562
      3,690
      62,227
      34,677
      14
      -6,212
      1,798
      -605
      -13,395
      -1,249
      -156
      26,125
      -11,438
      -2,429
      80,447
      -87,711
      -74,078
      -16,498
      -25,205
      -363
      -234,482
       
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 1,259,265
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)
If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2014 509,756 15,961,497 0.031937
2013 1,037 229,360 0.004521
2012 483 207,088 0.002332
2011 2,394 205,202 0.011667
2010 35,541 186,690 0.190374
2
Total of line 1, column (d) .....................
20.240831
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by
the number of years the foundation has been in existence if less than 5 years . . .
3
0.048166
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
38,405,340
5
Multiply line 4 by line 3......................
5
1,849,832
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
9,687
7
Add lines 5 and 6........................
7
1,859,519
8
Enter qualifying distributions from Part XII, line 4.............
8
552,005
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form 990-PF (2015)
Form 990-PF (2015)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bullet and enter “N/A" on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 19,374
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 19,374
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 19,374
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 16,112
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 45,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 61,112
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 41,738
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet19,500 RefundedBullet 11 22,238
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNY
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2015 or the taxable year beginning in 2015 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletFIDUCIARY TRUST CO INTL Telephone no.bullet (212) 632-3000

    Located atbullet280 PARK AVENUENEW YORKNY ZIP+4bullet10017
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.......bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2015, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2015?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2015, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2015?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
    No
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2015 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2015.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2015?
    4b
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (Continued)
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    FIDUCIARY TRUST CO INTL TRUSTEE
    2     		243,270    
    280 PARK AVENUE
    NEW YORK,NY10017
    STUART GOODE TRUSTEE
    1     		0    
    PO BOX 1095
    BRIDGEHAMPTON,NY11932
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    35,089,959
    b
    Average of monthly cash balances.......................
    1b
    3,900,234
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    38,990,193
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    38,990,193
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    584,853
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    38,405,340
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,920,267
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    1,920,267
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    19,374
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    19,374
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,900,893
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,900,893
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    1,900,893
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    552,005
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    552,005
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    552,005
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2014     		(c)
    2014     		(d)
    2015
    1 Distributable amount for 2015 from Part XI, line 7 1,900,893
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only....... 274,083
    b Total for prior years:2013, 20, 20 0
    3 Excess distributions carryover, if any, to 2015:
    a From 2010...... 0
    b From 2011...... 0
    c From 2012...... 0
    d From 2013...... 0
    e From 2014...... 0
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 552,005
    a Applied to 2014, but not more than line 2a 274,083
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2015 distributable amount..... 277,922
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2015. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2014. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2016. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		1,622,971
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8Excess distributions carryover from 2010 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2011.... 0
    b Excess from 2012.... 0
    c Excess from 2013.... 0
    d Excess from 2014.... 0
    e Excess from 2015.... 0
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2015, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2015 (b) 2014 (c) 2013 (d) 2012
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    BREWSTER ACADEMY
    80 ACADEMY DRIVE
    WOLFEBORO,NH03894     		NONE EXEMPT EXEMPT PURPOSE OF 500,000
    Total .................................bullet 3a 500,000
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ...........     		         
    4 Dividends and interest from securities....     14 706,480  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property     		         
    7 Other investment income.....     14 41,161  
    8
    Gain or (loss) from sales of assets other than inventory ............     		    18 1,259,265  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   2,006,906  
    13Total. Add line 12, columns (b), (d), and (e)..................
    132,006,906
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2015)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2015 AccountingFeesSchedule
    Name:
    FUND FOR INDIVIDUAL POTENTIAL CO FIDUCIARY
    EIN:
    26-6112299
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE (NON-ALLOC 3,000 2,400   600

    TY 2015 InvestmentsCorpBondsSchedule
    Name:
    FUND FOR INDIVIDUAL POTENTIAL CO FIDUCIARY
    EIN:
    26-6112299
    Name of Bond End of Year Book Value End of Year Fair Market Value
    AFLAC IN SR BOND DTD 6/10/2013 76,186 77,729
    AMERICAN EXPRESS CREDIT CORP C 74,536 74,472
    AUTONATION INC SR BD CALL DTD 79,730 81,306
    BANK OF MONTREAL SR NT CALL DT 99,359 99,550
    BERKSHIRE HATHAWAY INC SR NT D 50,236 50,097
    BOEING CO SR NT DTD 3/13/2009 84,553 84,182
    CAPITAL ONE NA SR NT CALL DTD 79,913 80,199
    CHUBB CORP JR SUB NT CALL VAR 423,500 385,132
    CISCO SYS INC SR NT DTD 11/17/ 103,279 108,866
    CITIGROUP INC SUB BD DTD 9/29/ 79,632 79,704
    COCA COLA FEMSA SAB DE CV SR N 76,033 75,047
    DU PONT E I DE NEMOURS & CO SR 260,888 263,175
    FRANKLIN STRATEGIC MORTGAGE PO 189,395 188,192
    FRANKLIN US GOVT SECURITIES FU 1,449,844 1,438,552
    GENERAL ELECTRIC CO SR NT DTD 98,065 108,627
    GILEAD SCIENCES INC SR NT DTD 74,894 75,586
    GOVT NATL MTG ASSN 2010-23 DTD 302,792 322,230
    ISHARES CMBS ETF 190,558 188,387
    ISHARES IBOXX $ HIGH YILED COR 312,291 303,464
    ISHARES INTERMEDIATE CREDIT BO 965,103 965,520
    JP MORGAN CHASE NT DTD 4/23/20 84,693 84,136
    JP MORGAN CHASE SUB BD DTD 9/ 79,724 79,992
    KINDER MORGAN ENER PART SR NT 114,333 113,984
    METLIFE INC SR BD DTD 8/6/2010 82,161 82,146
    MICROSOFT CORP DTD 5/18/2009 4 103,964 108,205
    MORGAN STANLEY SUB BD SER MTN 75,225 75,449
    NY CITY TRANSITION FIN AUTH RE 25,478 25,923
    NASSAU CNTY NY INTERIM FIN AUT 369,162 373,918
    NEW YORK NY GO DTD 10/15/2009 250,410 278,315
    NEWMONT MINING CORP SR NT DTD 214,930 208,210
    NY CITY NY TRANS FIN AUTH REV 51,066 51,876
    NY ST LOC GOVT ASSIST CORP REV 103,408 105,359
    PHARMACIA CORP DEB 12/9/1998 6 85,219 84,632
    SUNOCO LOGISTICS PTR OPER LP S 89,762 85,897
    HOME DEPOT INC SR NT CALL 9/10 76,431 76,709
    US TREAS NOTE 10/31/15 1.875% 64,426 64,184
    US TREAS NOTE 11/15/15 2.25% 1 165,162 164,649
    US BACORP SR NT CALL 7/23/12 2 73,942 74,634
    WAL MART STORES INC SR NT 1/23 103,360 107,133
    WALGREENS BOOTS ALLIANCE INC S 73,791 72,954
    WELLS FARGO SR SUB NT 2/13/13 74,616 75,273

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    FUND FOR INDIVIDUAL POTENTIAL CO FIDUCIARY
    EIN:
    26-6112299
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBOTT LABORATORIES 662,680 767,961
    ABBVIE INC 382,175 353,959
    ALIBABA GROUP HOLDING LTD 76,160 91,022
    ALLERGAN PLC 485,387 494,688
    ACE LTD 484,513 709,864
    ALPHABET INC CL A 171,767 505,707
    ALPHABET INC CL C 173,389 496,308
    AMAZON COM INC 147,726 540,712
    AMERICAN EXPRESS CO 186,662 278,200
    AMERICAN TOWER REIT INC 3,791 4,848
    ANARDARKO PETROLEUM CORP 395,470 263,547
    APPLE INC 416,018 902,605
    AVAGO TECHNOLOGIES LTD 229,446 725,750
    BERKSIRE HATHAWAY INC 311,915 533,442
    BERRY VENTURES INC 9,000 9,000
    BLACKROCK INC 408,900 757,657
    BRISTOL MYERS SQUIBB CO 377,431 801,404
    CABOT OIL & GAS CORP 122,854 125,953
    CELGENE CORP 226,389 323,352
    CHEVRON CORP 625,491 551,905
    CHUBB CORP 289,666 530,560
    COMCAST CORP CL A 490,187 523,388
    CVS HEALTH CORP 478,833 447,298
    DISNEY WALT CO 2,610 5,254
    DOW CHEMICAL CO 455,002 450,450
    FACEBOOK INC CL A 288,824 470,447
    FGT FRANKLIN INTERNATIONAL GRO 652,328 599,942
    FRANKLIN INTL SMALL COS GROWTH 835,038 718,667
    FRANKLIN SMALL CAP VALUE FUND 1,100,729 1,004,810
    GILEAD SCIENCES INC 293,365 407,290
    HONEYWELL INTL INC 217,841 258,925
    ISHARES CURRENCY HEDGED MSCI E 434,152 387,300
    ISHARES CURRENCY HEDGED MSCI J 379,255 350,613
    J P MORGAN CHASE & CO 486,257 594,270
    LAM RESEARCH CORP 309,975 482,477
    LOWES COS INC 535,646 836,440
    MAXIM INTEGRATED PRODS INC 252,597 342,000
    MCKESSON CORPORATION 679,694 685,374
    MEAD JOHNSON NUTITION COMPANY 287,154 315,800
    MERCK & CO INC 119,438 184,870
    NESTLE S A 513,834 641,873
    NIKE INC CL B 235,822 700,000
    NOVO NORDISK AS SPONSORED ADR 243,260 421,080
    OAK RIDGE SMALL CAP GROWTH FUN 1,083,309 971,229
    PEPSICO INC 382,709 554,556
    PROCTER & GAMBLE CO 314,229 393,080
    RED HAT INC 248,799 455,455
    SALESFORCE COM INC 344,932 475,104
    SCHLUMBERGER LTD 491,188 408,038
    STARBUCKS CORP 219,800 363,182
    TEMPLETON INSTL FDS INC FOREIG 655,853 541,532
    THERMO FISHER SCIENTIFIC INC 264,580 723,435
    UNION PACIFIC CORP 267,945 428,145
    UNITED TECHNOLOGIES CORP 593,838 578,822
    IS BANCORP DEL COM NEW 305,690 298,690
    V F CORP 223,656 373,500
    VISA INC CL A 332,181 465,300
    WELLS FARGO & CO NEW 483,990 713,475

    TY 2015 InvestmentsOtherSchedule2
    Name:
    FUND FOR INDIVIDUAL POTENTIAL CO FIDUCIARY
    EIN:
    26-6112299
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    EAST END INVESTORS LLC AT COST 12,000 14,816
    PANCO STRATEGIC REAL ESTATE FU AT COST 423,554 249,710

    TY 2015 LegalFeesSchedule
    Name:
    FUND FOR INDIVIDUAL POTENTIAL CO FIDUCIARY
    EIN:
    26-6112299
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES - PRINCIPAL (ALLOCA 9,281 7,425   1,856


    TY 2015 OtherDecreasesSchedule
    Name:
    FUND FOR INDIVIDUAL POTENTIAL CO FIDUCIARY
    EIN:
    26-6112299
    Description Amount
    WASH SALE ADJUSTMENT 104,209
    MUTUAL FUND ADJUSTMENT 1,806
    ACCRUED INTEREST ADJUSTMENT 1,380


    TY 2015 OtherExpensesSchedule
    Name:
    FUND FOR INDIVIDUAL POTENTIAL CO FIDUCIARY
    EIN:
    26-6112299
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADR FEES 450 450   0
    ADVERTISING FEE 145 0   145
    NYS FILING FEE 750 0   750


    TY 2015 OtherIncomeSchedule2
    Name:
    FUND FOR INDIVIDUAL POTENTIAL CO FIDUCIARY
    EIN:
    26-6112299
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    INCOME RECEIVED FROM PANCO STRATEGIC REA 41,161 0  
    EAST END INVESTORS LLC   -607  
    PANCO STRATEGIC REAL ESTATE FUND I QP LP   -131,614  
    ESTATE OF NANCY T. BEHRMAN FINAL K-1 EXC   -94,122  
    ESTATE OF NANCY T. BEHRMAN FINAL K-1 SHO   -60,620  
    ESTATE OF NANCY T. BEHRMAN FINAL K-1 LON   -477,554  


    TY 2015 OtherIncreasesSchedule
    Name:
    FUND FOR INDIVIDUAL POTENTIAL CO FIDUCIARY
    EIN:
    26-6112299
    Description Amount
    BOOK VALUE ADJUSTMENT 444,554


    TY 2015 TaxesSchedule
    Name:
    FUND FOR INDIVIDUAL POTENTIAL CO FIDUCIARY
    EIN:
    26-6112299
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 4,976 4,976   0
    FEDERAL TAX PAYMENT - PRIOR YE 10,049 0   0
    FEDERAL ESTIMATES - PRINCIPAL 13,300 0   0
    FOREIGN TAXES ON QUALIFIED FOR 4,538 4,538   0
    FOREIGN TAXES ON NONQUALIFIED 1,471 1,471   0