Dip slices of doughnut into French Toast batter, allowing the batter to absorb without soaking the bread, approximately 1-2 seconds. Transfer to a lightly butter (1 Tbsp.) 350 degree griddle and cook each side for 3 minutes, until golden brown. Do not press down on the doughnut slices. Transfer the doughnut French toast to a large round plate. Fan the doughnut slices in a circular pattern. Drizzle raspberry puree in zigzag pattern over the French toast and top with Cream Cheese glaze.
In a large mixer using paddle attachment, combine cream cheese, butter, vanilla and milk on medium speed. Once mixed, slowly add all of powdered sugar. Mix until smooth consistency.