Gd<sub>3sub>N@C<sub>80sub> endohedral fullerene, a starting material for a potential magnetic resonance imaging contrast agent, is investigated by high-frequency electron spin resonance (ESR) and SQUID magnetometry. The magnetic moments of the three Gd ions of the endohedral Gd<sub>3sub>N molecule are ferromagnetically aligned at low temperatures and are uncorrelated at high temperatures. The 4 T broad 210 and 315 GHz ESR spectra measured at 2 K are well-described by a single transition between the lowest Zeeman levels of static molecules shifted by fine structure effects. At higher temperatures there is a gradual transition to a rotating state. At ambient temperatures the rotation frequency is much larger than the fine structure broadening, and a single ESR line is observed at a gyromagnetic ratio of g = 1.995.