Hi Will,
I built blades of foam, many years ago -- some I just used the fibre layers, as the front side is in tension, and the back , in compression !
That worked OK, but you will have a real problem getting the glass cloth, around the leading edge to keep from lifting,and air bubbles forming under the cloth !! This can be done, by "vacuum bagging" the blade -- and you also need to use epoxy resin, as polyester, will desolve the foam ...
I also made some with a spar -- I just used a tube, made of carbon fibre -- these tubes were what they make shafts for archery arrows out of !!
You can buy carbon fibre tube, from "Aircraft spruce Company", in the LA area-- but it,s rather expensive -- the arrow shafting was pretty cheep , but not very long !!
I finally gave up on this, as it was just to much work, and have been building wood blades, as in the end -- they are much easier (for me, anyway!!)
The foam fibre blades, work very well, But, lots of work !!
Much luck to you, and happy building, Bill H......