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What does FOOM stand for?

FOOM stands for For Friends of Ol Marvel

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FOOM, though spelled without periods in both indicia and cover treatments, is an acronym for "Friends of Ol' Marvel". [1] The name is unrelated to either the computer software acronym FOOM (Functional and Object-Oriented Methodology), or Australia's annual Songwriters, Composers and Lyricists Association (SCALA) Festival of Original Music Song Competition (FOOM).
The M. M. M. S. was absorbed into the subsequent Marvel fan club, Marvelmania International, in 1969. This second club lasted until 1971. A third official Marvel Comics fan club, FOOM (Friends of Ol' Marvel.