Error: 'Data could not be saved. Conversion failed when converting from a character string to uniqueidentifier' when adjusting status of Recurring Gift

When attempting to edit the Status of a recurring gift, a user may receive Error: 'Data could not be saved.   Conversion failed when converting from a character string to uniqueidentifier' 
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

 Blackbaud CRM
 4.0
 4.0
 Service Pack 3
 4.0.141.2

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