1 (6 oz.) cream cheese
1 c. milk
1 1/2 c. powdered sugar
1 tsp. vanilla
2 (12 oz.) tubs Cool Whip
2 jars cherry pie filling
1 lg. angel food cake

In large bowl mix cream cheese with milk, sugar, and vanilla. Blend with hand mixer. Fold in Cool Whip. Slice cake and tear into small pieces. Layer ingredients in punch bowl. First - cheese mixture, cake, cherry pie filling - layering until all mixtures are gone - cherry layer on top.