Error: Object reference not set to an instance of an object - batch

Clicking 'Apply to Commitments' in Corporate matching gift batch errors and in some case crashes CRM.
Error: "Object reference not set to an instance of an object."
Download and install the latest patch, which contains all fixes from previous patches. If you are running an older version, download and install the latest version and then the patch. 

Environment

 2.93.2034
 2.94.1524, patch 23 ; 2.93.2034, patch 38

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