PLANO, TX, March 29, 2010 (LifeSiteNews. com) - Parents and Friends of Ex-Gays & Gays (PFOX) is calling on all PepsiCo shareholders to vote for a shareholder proposal that asks PepsiCo to divulge its standards for donating over $75 million in corporate assets to controversial groups.

PepsiCo, Inc. is the leading corporate sponsor of Parents, Families and Friends of Lesbians and Gays, Inc. (PFLAG).  PFLAG's latest publication, a religious guidebook, labels ex-gay conferences as "anti-gay" and urges PFLAG members to protest against religious conferences which feature ex-gay speakers.

The faith guidebook instructs members to hold press conferences and issue press releases against religious ex-gay events 'to remind people that there is more than one faith message.'  (See PFLAG Faith Field Guide, pp. 9 -11)

"Why does PepsiCo fund organizations like PFLAG which issue religious publications urging readers to undermine other religions with which PFLAG disagrees?" asked Regina Griggs, executive director of PFOX.  "Is this the best use of PepsiCo funding?"

"In response to a similar proposal last year, PepsiCo claimed that it is 'committed to diversity and inclusion without imposition of personal judgment.'  So why does PepsiCo continue to fund organizations which hate the ex-gay community?"

"The PepsiCo Shareholder Proposal No. 4 asks PepsiCo to divulge its standards for funding and account for how the Company's charitable contributions are actually used, a reasonable request," said Griggs.  "PepsiCo's actions adversely affect its public image, goodwill, and stock value."

Pepsi Co. has a lengthy history of supporting homosexualist causes. In 2009 the American Family Association (AFA) revealed that according to a PepsiCo representative, Philene Frazar, PepsiCo is a founding member in establishing a homosexual activist group in Chicago called "Citywide Pride."

In January 2009 LifeSiteNews. com reported that Pepsi Co. had donated $500,000 to PFLAG, and another $500,000 to the homosexualist organization Human Rights Campaign.