Place chopped chocolate in a medium bowl. 

Heat cream in sauté pan, over low heat until steaming, but not boiling. Pour hot cream over chocolate and set aside for 10 minutes. Stir in butter and vanilla and mix until ingredients are well incorporated and the glaze is smooth and chocolatey. 

Spoon or drizzle over doughnuts. To make a Black & White doughnut, spoon Luscious Vanilla Bean Glaze over one half and bittersweet chocolate glaze over the other.