Original sentence: Perhaps universally considered one of the world's most prestigious universities, Harvard has the largest endowment of any academic institution in the world ($22.6 billion as of 2004 , nearly double that of Yale University, the institution with the second-largest endowment)
Edited sentence: Universally considered one of the world's most prestigious universities, Harvard has the largest endowment of any academic institution in the world ($22.6 billion as of 2004 , nearly double that of Yale University, the institution with the second-largest endowment)