Note that this argument is very similar to the reasons why GiveWell includes a number of costs in its per-bednet costs for AMF that AMF excludes because they are provided ‘for free’, including CEO salary. This is a point disputed between GiveWell and AMF (http://​​www.givewell.org/​​international/​​top-charities/​​AMF; search for ‘what do you get for your dollar’), but I think GiveWell have basically got it right here.
Note that this argument is very similar to the reasons why GiveWell includes a number of costs in its per-bednet costs for AMF that AMF excludes because they are provided ‘for free’, including CEO salary. This is a point disputed between GiveWell and AMF (http://​​www.givewell.org/​​international/​​top-charities/​​AMF; search for ‘what do you get for your dollar’), but I think GiveWell have basically got it right here.