Judging by the records in your downloads history, we assume that you are using Sitefinity 3.1 SP2 Standard Edition.
Here is what you need to do to add the Foreground Color tool to the editor in the Generic Content module.
1. Open the ~/Sitefinity/Admin/ControlTemplates/EditorToolsFile.xml
and enable the ForeColor
<tool name="ForeColor" enabled="true" />
2. Save the EditorToolsFile.xml
As for your question about the Paragraph Style dropdown, I'd recommend you read the the following help article, which provides guidance how to populate the FormatBlock tool with the desired items: Paragraph Styles.
Let us know if you need any further assistance.
the Telerik team