Thanks for your replies.
First and foremost, the car is NOT driving bad, and by that I mean the engine “seems” fine regarding power, smoothness at idle, and does not have white smoke (burning coolant through the engine) from the exhaust. The car was very well maintained and taken car of the majority of its life as evidenced by the 20 years of dealer service records from the original owner.
What I find VERY interesting is the original damage pic I posted years ago when I first bought the car showing the damaged lower radiator support and the seized passenger side electric fan. Dollars to donuts this is NOT a blown head gasket but oil leaking into the coolant via damage or aged/corroded part in the radiator.
I will see if I can safely bypass the oil cooler to radiator line and observe if the frothy goop reappears. However I have to note that my sons driving pattern over the last 5 months (new england winter) has been very short local trips with a lot of warm up/idling. Since this is the original radiator with the previously mentioned damage, I don’t mind replacing it, giving the cooling system a flush, and oil change.
Luckily his job is less than 2 miles away and the car drives OK and doesn’t exhibit signs of serious duress. This car has never been beaten on, and has been babied most of its life until the previous owners off road adventure that damaged the rear fenders (and assumed radiator support/fan damage).
Will post back in a week or so after we get the repairs done.