The foundation is primarily a donor-advised fund that allows individual contributors to create mini charitable foundations under its umbrella and collects fees for its services.
Younger benefactors facing a huge tax bill because they have a high income this year might consider setting up a donor-advised fund, which was defined more specifically in the Pension Protection Act.
Instead, you can transfer your stock to the donor-advised fund and then direct a grant to the charity so that they never have to deal with the shares of donated stock.
With a donor-advised fund, she could instead make a donation to the fund, take her tax break, and then direct the cash donations to the charity either right away or whenever she chose.
There will probably be a law against such shenanigans as putting money in a donor-advised fund to take advantage of more liberal deductions than are allowed for private foundations and then having the fund feed your private foundation.