In 1937, Charles Guttman founded The Paddington Corporation, which became the exclusive importer of Justerini & Brooks Ltd ( J&B ), a creator of fine wines and liquors. In November 1959, Charles Guttman, with his wife, Stella Rappaport Guttman, founded the Guttman Foundation to continue the family's charitable tradition. The Foundation's purpose was broadly described as the "improvement and benefit of mankind, and the alleviation of human suffering." Upon their deaths in 1969, the Guttmans bequeathed substantially all of their assets to the Foundation. The philanthropic legacy of Stella and Charles Guttman remains the guiding principle of the Foundation's Board, which includes second and third generation family members.