Performance issues when running the giving activity report

When running the giving activity report, the report takes a long time to complete and eventually may time out.
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

 3.0.516
 3.0.516, Service Pack 10 ; 4.0.138, patch 2

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