1 (8 oz) pkg. cream cheese
1 cup butter
4 eggs
2 1/2 cups flour
1/2 cup chopped nuts
1 1/2 cups sugar
1 1/2 teaspoon baking powder
1 1/2 teaspoon vanilla
8 oz maraschino cherries
Heat oven to 325. Thoroughly blend cream cheese, butter, sugar & vanilla. Add eggs one at a time mixing well after each addition. Gradually add 2 cups flour with baking powder. Combine remaining flour with drained cherries and 1/2 cup nuts and fold into batter. Bake in greased 10" bundt or tube pan. Bake 1 hour and 20 minutes. Cool 5 minutes and remove from pan.
You can make a glaze and drizzle over top and place cherries on top. To make it more colorful you can use both red and green cherries.
I also use bread pans and the mini foil bread pans to give as gifts