Between an iPhone and the DSLR?

I am looking for a great in-between camera for my wife who loves using her DSLR but lugging it along with the kids stuff gets to be a burden.

I am not a camera person like i am with other tech, so i am looking for some help. I want to get her something that is truly between what she can do with her DSLR and her iPhone but can be kept on her at all times (not too bulky to keep in her purse). she is really an amateur photographer, but most point and shoots we have owned suck.

any help would be appreciated! Thanks a ton.