Spoon 1/3 of batter into well-greased and floured 10-inch tube pan or Bundt pan. Sprinkle with 1/2 gelatin right out of the box. Repeat layers. Spread remaining 1/3 of the batter over gelatin to cover.
Bake at 350° for 45-50 minutes.
Cool in pan for 5 minutes.
Remove and sprinkle with powdered sugar.