1. Create a new Fund query with no Criteria
2. On the Output tab, select the following fields:

Fund Information->Description
Gifts->Gift Date
Summary For Fund->Total Number of constituents
Summary For Fund->Total Gift Amount
Summary For Fund->Total Number of Gifts
Summary For Fund->Latest Gift

3. On the Sort tab, select
Query Fields->Description (Asc)
Query Fields->Gift Date (Desc)

4. Select the Results tab to view desired information.

The query will show all gifts given to each fund but the last gift will be the first gift showing for all funds.