1 (8 ounce) package cream cheese, softened
1/2 cup butter, softened
1/2 cup shortening
2 cups all-purpose flour
1/2 cup any flavor fruit jam
Place cream cheese in a mixing bowl, and beat til light and fluffy. Add the rest of the ingredients, except for the fruit preserves, and form into a flat disk. Chill overnight.
Roll dough out onto a lightly floured board, and cut circles using a medium sized glass.
In the center of each circle, add 1/2 teaspoon of preserves; crimp edges tightly together. Natural preserves have a tendency to spill out due to the lower sugar content, but still make a great cookie.
Bake at 375 degrees F (190 degrees C) for 15 to 17 minutes.